Embrace hydrogen to achieve net zero
Large-scale hydrogen storage can enable the rise of renewables while bringing benefits to local authorities, transport companies and electricity suppliers.
net zero
Petrofac expects ‘bounce back’ for UK work in 2021
Petrofac is expecting areas of its business to “bounce back” in 2021, according to a UK boss, as it handles the effects of Covid-19.
Petrofac falls to loss on Covid impact, sets new gender and net zero targets
Petrofac has set new targets to reduce its emissions and increase the percentage of women in its senior roles within the decade.
Firm behind smart metering network sets out plans to support move to net zero
The organisation behind the nation’s smart metering network has set out how its platform could be used to support the move to net zero.
UKCS activities can deliver 60% of country’s decarbonisation targets
The UK continental shelf (UKCS) has a “significant role” to play in helping governments achieve their net zero targets in the coming decades, a new report said.
Shell CEO says ‘we will resize as appropriate’ as firm eyes job cuts
Shell CEO Ben van Beurden has said the energy giant will “resize as appropriate” as it moves to become a “simpler and leaner” organisation.
Report shows fossil fuels still make up 90% of Shell and Total’s capital expenditure
Shell and Total are being urged to put their money where their mouth is after a new report showed the pair are still investing much more in hydrocarbons than renewable energy.
Shell UK boss: ‘We need to look long and hard at our choices’
Shell is looking “long and hard” at its organisation and portfolio as it works to emerge from Covid and move towards net zero, according to its UK boss.
BP ‘will look very different’ within the decade, says Europe and UK chief
BP “will look very different” in five to 10 years’ time according to the man who oversees its business across Europe and the UK.
‘More ambitious policies are needed and fast’ on net zero, says Energy Institute CEO
This year’s Energy Barometer survey prescribes rapid change to avert future shocks to the UK economy and build moral authority for COP26, says Energy Institute Chief Executive Louise Kingham OBE FEI
Energy Institute: UK is ‘way off track’ for net zero by 2050
Britain is “way off track” from meeting its 2050 net zero target, according to the Energy Institute.
Climate scientist clashes with OGTC boss on ‘no scope’ for oil and gas
A leading climate scientist has clashed with the head of the Oil and Gas Technology Centre (OGTC) on his view there is “no scope” for fossil fuels if the world is to meet climate goals.
Shetland Energy Hub aims for hundreds of jobs and to make giant oilfields ‘net zero by 2030’
Ambitious plans for a new Energy Hub have been unveiled with hopes for hundreds of jobs and to make giant oil and gas fields in the West of Shetland "net zero by 2030”.
Shell North Sea boss says firms will be ‘rapidly challenged’ by low emissions economics
Shell's North Sea boss has said firms will be “very rapidly” challenged by the economics of reducing emissions, calling for collaboration, government and regulatory support.
Oil majors ‘still falling short’ of climate goals – Carbon Tracker
Oil majors are “falling short” of global climate goals despite their updated emissions targets, according to a new report.
North Sea facing ‘most challenging moments ever’ 45 years since first oil
The North Sea energy industry is facing some of its “most difficult and most testing challenges” ever as it today marks 45 years since first oil was landed in the UK.
World needs Covid-scale emissions cuts every other year, says BP boss
The world needs emissions cuts on a par with those delivered by the Covid lockdown every other year for the next 25 if it is to reach net-zero by 2050, BP’s chief executive said today.
Scottish Government unveils £62million support package for crisis-hit oil and gas sector
A £62million Scottish Government support package has been unveiled to help oil and gas firms make a green recovery from the Covid-19 crisis.
Wood targets 40% reduction in emissions by 2030
Aberdeen-headquartered energy services firm Wood has announced targets to reduce its direct and indirect emissions by 40% by 2030.
‘Everyone has a plan until they get punched in the face’
"Build back better."
OGTC names entrepreneur Martin Gilbert as chair at ‘crucial’ time
Entrepreneur Martin Gilbert has been appointed chairman of the Oil and Gas Technology Centre (OGTC) at a “pivotal time” for the energy industry.
Pandemic ‘deepens’ BP’s net zero transition but firm keeps quiet on finer details
Energy giant BP has told shareholders its net zero transition is “deepened and accelerated” by the Covid-19 pandemic, but kept quiet on the fine print.
Exclusive: BP’s North Sea chief Ariel Flores promoted
The boss of BP’s North Sea business is being promoted as part of a management overhaul at the energy giant.
Once in a generation opportunity
There has been a lot of discussion in the media recently about the prospects that the “great plague of 2020” will inevitably lead to fundamental changes in both our economy and our society.
North Sea role in net zero push ‘not a given’ and dependent on sector recovery, OGUK boss warns
Representative body Oil and Gas UK (OGUK) has repeated its call for sector support and said its role in the push to meet net zero emissions is "not a given".