The boss of the UK North Sea’s biggest producer is confident national net-zero targets can be factored into the sector’s operations without large volumes of indigenous oil and gas being left stranded.
Costs involved with decarbonising the UK’s economy to net zero have fallen in the last year, according to the Committee on Climate Change (CCC).
Nicola Sturgeon has warned that climate change, not Covid, remains the “greatest long-term challenge” facing the world ahead of a key international summit in Glasgow next year.
In the UK and particularly in Scotland the oil and gas industry remains a major employer. It is also one of the very few providers of high value, high skilled jobs we have left and still offers a wide range of opportunities.
Equinor said today it would strive to lower its emissions to net-zero by 2050, emulating fellow energy giants BP and Shell.
Ofgem must help “deliver, not delay, net zero” in its final price control determinations, a leading industry body has warned.
Japan set an ambitious pledge for becoming carbon neutral by 2050 on Monday, without laying out a clear plan for reaching its target.
A number of the oil and gas industry’s biggest players have joined forces to speed up the decarbonisation of industry and power.
The plan from Presidential hopeful Joe Biden plan to “transition” away from oil and gas “does not sound very revolutionary”, according to an Aberdeen University professor.
Energy efficiency measures in buildings and industrial facilities are a key driver to accelerate the energy transition, but more investment and innovation is needed to speed up the pace of change.
Two years ago, a group of the world’s largest oil companies announced a major commitment to fight climate change, promising to reduce methane emissions from their operations by 20 percent within seven years.
The International Energy Agency (IEA) has warned that oil demand could be pushed back to pre-crisis levels without significant policy changes.
The harsh reality facing many coastal communities up and down the UK today gives a sad irony to the iconic music hall song “I Do Like to Be Beside the Seaside”.
Twelve leading companies and organisations across the Humber have jointly submitted a bid worth around £75 million to accelerate decarbonisation in the UK’s most carbon intensive industrial region.
The European Union is committed to achieving net-zero emissions by 2050. To support this, Brussels plans to create a €225 billion green bond as part of a shift towards cleaner economies.
The Oil and Gas Authority (OGA) has defended the BP – Aberdeen net zero partnership against a claim it may be a “PR coup”.
Green energy produced by UK and Dutch North Sea wind farms could soon be fed into both countries domestic systems as part of efforts to hit net zero carbon goals.
A leading environmental group is calling on the UK Government to price energy emissions more effectively in order to meet net zero targets.
A “fit for purpose” offshore wind planning regime is crucial if the UK is to meet its clean energy targets, Vattenfall’s UK country manager Danielle Lane told Energy Minister Kwasi Kwarteng yesterday.
BP and Microsoft have struck up a new strategic partnership aimed at helping one another – and the communities they serve -- achieve low-carbon goals.
A Scottish energy transition group has applied for funding in an effort to push on with plans to decarbonise swathes of industry north of the border.
A trio of trade bodies have announced a new partnership to help promote and drive the transition to a net zero economy.
The Covid-19 pandemic has had a vast impact on people’s lives, as well as on companies around the world.
One of the top bosses at energy giant Wood has called on the oil and gas industry to help remove the “peaks and troughs” experienced by the beleaguered supply chain.
Chrysaor, the UK’s largest offshore oil and gas producer, is mulling plans for electrification of its North Sea platforms.