TRAC Oil and Gas changes name to TRAC Energy as it sets sights on net zero
Specialist rope access and inspection service company TRAC Oil and Gas has announced it has changed its name to TRAC Energy.
net zero
‘Good, solid future for oil and gas’: UK energy minister confirms more North Sea licences will be offered
UK Energy Minister Greg Hands said North Sea oil and gas has a “good, solid” future ahead, and confirmed that the government will issue new licences this year.
Oil prices at $100 a barrel? What else is on the horizon for the energy sector in 2022
In this latest in our series on ESG investing, Mike Scott assesses the global energy outlook ahead for 2022. Although oil and gas prices are healthy, energy firms will need to stay focused on net zero and emissions targets, and keep an eye on growth areas like hydrogen and other renewable energy sources.
EY Carbon launched to help listed firms draw up net zero plans ahead of 2023 deadline
‘Big four’ accountancy firm EY has launched a new division to support listed companies preparing net zero plans ahead of next year’s deadline.
Energy companies defend net zero after report of UK wavering over gas prices
Companies are defending Britain’s net-zero plans as the best way to resolve the energy crisis in the long term, after a report that close advisers to the prime minister are warning that a rethink of the policy is needed.
AGCC hosts 200 at breakfast event – despite ‘propaganda’ cancelling Offshore Europe
An audience of 200 got up early to attend Aberdeen and Grampian Chamber of Commerce (AGCC)’s first business breakfast event of the year.
Future North Sea – Decommissioning the ‘unsung hero’ on the path to net zero
Viewers were told how decommissioning is the “unsung hero” of the energy transition during an Energy Voice event on Thursday morning.
SP Energy Networks to lead £5m ‘industry-first trial’ to decarbonise heat
A partnership of government and network companies has launched an “industry-first trial” to accelerate the decarbonisation of heating.
Exxon plans to zero out emissions from operations by 2050
Exxon Mobil announced an “ambition” to eliminate some greenhouse gas emissions by 2050 in the oil giant’s first such long-term pledge to curb carbon output.
We’ve agreed a net zero target by 2050 but have we agreed a technically deliverable plan to get there?
It is widely accepted that the way we fuel our cars, heat our homes and generate power, needs to change if we are to meet our decarbonisation commitments and address the developing climate crisis.
Kwarteng urged to use powers to adjust ‘out of date’ transmission charges
Westminster’s Business Secretary Kwasi Kwarteng is being urged to use his powers to address the issue of fair grid access for renewables projects.
OGUK: ‘When people don’t perceive us to be genuine…we need to push a bit harder’
Between COP, Cambo and a host of other increasingly political issues around fossil fuels, EV puts it to Oil and Gas UK (OGUK) chief executive Deirdre Michie that the trade body’s rhetoric to defend the sector has ramped up in recent months.
Government refuses to release details of carbon cuts in flagship climate policy
The Government is refusing to reveal details of how policies in its flagship "net-zero" strategy will deliver the carbon cuts needed to tackle the climate crisis.
Six reasons why you should apply for X-Academy
Whether you’re passionate about saving polar bears, or just enjoy breathing fresh, clean air there are loads of reasons why we should be tackling the climate emergency.
Green Investment Group chief queries moves to ‘increase dependence’ on gas
The surge in global gas prices should prompt countries to ramp up their clean energy options, according to Green Investment Group’s (GIG) global head.
SSE unveils £12.5bn net zero spending pledge, plans to sell off stakes in subsidiaries
Energy giant SSE has outlined plans to invest more than £12 billion in the coming years to accelerate progress to net zero.
Grid charging reforms would achieve ‘lasting-legacy’ from COP26, says trade body
Calls for ministers to overhaul the grid transmission charging system have been reignited in the wake of UK hosting COP26.
‘Majority’ of Scottish businesses have net-zero plans in place
A new survey finds that more than half of Scottish businesses are committed to achieving net-zero, but that costs will affect the bottom line amid pandemic recovery.
A renewable energy ‘Silk Road’
This week, the long-awaited COP26 conference finally got under way, bringing together world leaders to confront the challenge of climate change. But its outcomes, its ability to move the needle forward, is what matters to global citizens.
Nigeria sets net zero target of 2060
Nigeria has committed to reaching net zero by 2060, President Muhammadu Buhari has said at the ongoing COP26 talks in Glasgow.
Leaders line up to back plans to deliver clean, affordable technology worldwide
More than 40 world leaders have backed a plan to deliver clean, affordable technology around the world by 2030, the UK Government has said.
Fasken explainer: ‘Net Zero’ commitments and the Energy Transition
In the energy sector, as elsewhere, fundamental change happens slowly … until it happens all at once. We are witnessing just such a dynamic as energy companies adopt new or more ambitious goals to achieve “Net Zero” greenhouse gas (GHG) emissions in the run-up to COP26 in Glasgow.
Ageing oil and gas workforce presents net zero challenge
The UK’s oil and gas industry faces worrying workforce shortages if current skills gaps are not addressed, the ECITB’s 2021 Workforce Census suggests.
Eni scopes out net zero gas plan for Baleine
Eni is working on net zero plan for its Baleine discovery, offshore Cote d’Ivoire, in a pioneering industry move.
Australia commits to net-zero emissions target but lags on 2030
Australia, one of the world’s top per-capita polluters, finally agreed to a plan to zero out its carbon emissions by 2050 but fell short of committing to harder short-term targets demanded by climate activists.