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 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 are being warned they must plan for a “major production drop” in order to hit the 1.5°C Paris Agreement target.
A senior figure at BP has hailed net zero for offering the oil and gas giant a chance to become a “better company”.
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.
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 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?
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.
Natural gas and liquefied natural gas (LNG) will remain highly important to Thailand’s power sector and as a bridging fuel during the Southeast Asian nation’s energy transition, Auttapol Rerkpiboon, chief executive of state-backed Thai energy company PTT, told the Future Energy Asia conference today.
Malaysia’s Petronas has delivered its first 'carbon neutral liquefied natural gas (LNG)' cargo from its Bintulu export complex to Japanese utility Shikoku Electric at the Sakaide import terminal in Shikoku Island. Although question marks remain around whether the industry can really make LNG carbon neutral.
Global Energy Group has teamed up with the world’s second largest producer of methanol as it seeks to develop a low carbon cluster in Cromarty Firth.
There’s much talk about the ambitious targets that have been put in place to reduce the level of production emissions in the North Sea so that it becomes a net zero basin by 2050.
North Sea firm IOG, formerly Independent Oil and Gas, committed to scope 1 and 2 net zero status as of this year.
A group of climate campaigners have received approval to take the UK Government to the High Court over its North Sea oil plans.
Quebec has officially rejected a proposed LNG export project, citing the International Energy Agency’s (IEA) net zero report from May.
With Energy Institute members having their say this week in the annual Energy Barometer, and the Government’s Green Jobs Task Force publishing its recommendations, EI President Steve Holliday FREng FEI welcomes fresh focus on the net zero skills issue…
The Energy Institute has said the majority of UK workers plan to train for net zero in the coming year, but concerns persist on cost, timing, and availability of courses.
Malaysia’s Petronas, which has yet to make a firm carbon-neutral pledge, will deploy solar energy at the group's assets across Malaysia to boost efficiency and cut carbon emissions as part of its sustainability agenda and “aspiration” of Net Zero Carbon Emissions by 2050 (NZCE 2050).
Energy transition topics will take centre-stage at the SPE Offshore Europe 2021 virtual conference taking place from September 7 to 10.
As many as 10,000 new green industrial jobs could be created by the middle of the decade if carbon capture utilisation and storage is immediately scaled up.
The United Arab Emirates could become the first nation among the Organization of the Petroleum Exporting Countries (OPEC) to set a net-zero goal, a move that would please Western countries pushing for stronger climate commitments but won't require it to sell less oil.
Petronas, which has yet to make a firm carbon-neutral pledge, sees significant growth ahead for solar and wind, particularly as a hedge against volatile fossil fuel prices, Jay Mariyappan, head of the state-backed Malaysian company’s new energy business told the APAC power and renewables summit.
Plans to develop a large-scale facility in the north-east, capable of removing carbon from the atmosphere, have taken a step forward.
Collaborating on the collection and use of data is a “challenging” but “necessary” step for the energy sector to reach net zero, an industry event has heard.
This is the final in the three part series, by Snowflake, examining the concept of net zero data and how advances in technology can help the world’s largest organisations—especially those which are particularly emissions-intensive like oil and gas—reduce the carbon emissions footprint of their data. See for Part one and Part two.