Peterson aims for carbon neutral status by end of 2022
Energy logistics firm Peterson has announced its goal to become carbon neutral by the end of 2022.
net zero
Subsea 7 targets net zero from own operations by 2050
Subsea 7 (OTCM: SUBCY) has revealed plans to achieve net zero emissions from its own operations by 2050.
Chevron targets net zero emissions from own operations by 2050
Chevron committed for the first time to an aspiration of net zero emissions from its operations as the company responded to rising investor and societal pressure to play a bigger role in a transition to a low-carbon future.
Decision time for emissions: the right information at the right time
For decades now oil and gas companies have been focused on making the decisions that matter when it comes to safely maximising production from their assets. But now there is a pressing need to also minimise the environmental impact of those operations. And the pressure to cut emissions is mounting by the day.
Bureau Veritas Marine and Offshore supporting clients to transition
“We know we have to go through the energy transition ourselves, but we obviously have to help our clients through it too.”
Sustainability in ASCO DNA
ESG. It’s an acronym we are all familiar with now, but does that mean that it’s an entirely new concept? Of course not, but there’s no denying that it has moved its way up the agenda with considerable speed, particularly as the energy transition becomes a part of our daily lives.
Cambo oilfield: Not all barrels are created equal
You do not have to look far to find arguments that the UK is more polarised than it has been for decades.
Humanising the energy transition
Like many other global businesses, we have made our own commitment in the drive towards net zero. For us, it is that we will be a carbon neutral business before the end of 2022. The big question then is, how will we get there?
ECITB in net zero jobs warning over ‘sluggish’ growth figures
Findings from the ECITB’s new Workforce Census suggest the engineering construction industry headcount is on course to return to pre-Covid levels by 2023. But the scale of recovery may not be enough to deliver the volume of engineers needed for net zero and prevent future labour shortages.
Decarbonisation – a collaborative systems approach
The UK has set the goal of reaching Net Zero by 2050. To achieve this outcome, the country must tackle both supply and demand, while also overseeing far-reaching changes in how energy is delivered. Crucially, we must do all of this working within the constraints and opportunities associated with our existing energy system infrastructure.
Offshore wind will be ‘lynchpin’ of net zero, says new UK energy minister
The UK’s new energy minister has described offshore wind as the “lynchpin” in bringing emissions down to net zero.
Taking the temperature: ESG investing in the energy industry
Global energy companies are shifting to ESG investing; but what are the drivers to decarbonise and the innovative approaches being deployed? In this new series, Mike Scott takes the temperature of the industry’s response to date, as well as the challenges ahead that this shift will present.
‘Massive redirection’ of spending needed to hit Paris Agreement, says DNV
A “massive redirection” of spending from carbon-heavy investment into clean energy is needed if the Paris Agreement is to be reached.
Shell to launch Singapore’s first fully-electric ferry service
Shell has awarded a contract to Singapore company, Penguin International, to design, build and operate at least three fully-electric ferries which, when operational, will be the first fully-electric ferry service in Singapore and a first for Shell globally.
Brexit ‘delays net-zero goal’, warns SNP minister
Brexit is undermining the battle against the climate emergency, a senior SNP government minister warned.
Updated: Aker Offshore Wind promises ‘large early investment’ as part of planned 6GW north-east floating wind development
Ocean Winds (OW) and Aker Offshore Wind (AOW) have pledged to create thousands of high-skilled jobs in Scotland if they're given the green light to build what would be the UK’s largest floating offshore wind development off the north-east coast.
Johnston Carmichael forms new team to support energy transition
Business advisory and accountancy firm Johnston Carmichael has a created a new expert team focussed on the energy transition.
Decarbonisation – a collaborative systems approach
The UK has set the goal of reaching Net Zero by 2050. To achieve this outcome, the country must tackle both supply and demand, while also overseeing far-reaching changes in how energy is delivered. Crucially, we must do all of this working within the constraints and opportunities associated with our existing energy system infrastructure.
Carbon capture and the future of LNG in Asia
Carbon capture and storage (CCS) will play an important role in decarbonising liquefied natural gas (LNG), but the pace of progress remains too slow, writes Gavin Thompson, Asia Pacific vice chair, Wood Mackenzie.
Oil and gas majors told to prepare for ‘major production drop’ by 2030s
Oil and gas majors are being warned they must plan for a “major production drop” in order to hit the 1.5°C Paris Agreement target.
Net zero offers BP chance to become ‘better company’, says strategy boss
A senior figure at BP has hailed net zero for offering the oil and gas giant a chance to become a “better company”.
Future North Sea: ‘Hard truths’ on the path to net zero
There are “hard truths” facing the future of the North Sea and the global oil and gas industry on the way to net zero, a key industry event has heard.
Hydrogen Backbone Link: How reused pipelines can deliver a net zero future for Europe
The production and export of hydrogen to consumers will play a key role in the UK reaching its climate objectives and net-zero targets.
How can domestic oil and gas production play a role in tackling climate change?
How can continuing to extract oil and gas from beneath our seas play a role in tackling climate change? Shouldn’t we just shut down North Sea production now?
Petronas CEO talks up sustainable energy transition
Tengku Muhammad Taufik, chief executive of Malaysian national energy company Petronas, today told the Asia Future Energy conference, that the pathway to a sustainable energy system is not yet clear. Moreover, there will be many different paths to achieving a net-zero emissions energy system, he said.