Energy organisations join forces to fast-track transition and create new green jobs
Two leading energy technology and innovation organisations have teamed up to help accelerate the United Kingdom’s transition to net zero.
renewables
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.
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.
ExxonMobil eyes foothold in Vietnam LNG market
ExxonMobil is exploring opportunities to invest in LNG-to-power projects in Vietnam as the country faces chronic electricity shortages and Hanoi welcomes US companies to fix a trade imbalance.
Let’s seize chance to turn North Sea into integrated energy zone
The coronavirus pandemic, together with a global collapse in oil price, has seen the offshore industry experience hugely turbulent times during the first half of 2020.
Venture between French and Japanese firms to develop 2GW of floating wind farms
Japan’s largest utility company and a French state-owed investment firm have joined forces with floating wind firm Ideol to create a vehicle for financing 2 gigawatts of green power projects.
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.
Inventor of wind turbine is trying to harness unlimited power
The turbine inventor Henrik Stiesdal is small in the shadows of gigantic curves of steel, watching workers weld towers that will be rooted to the seabed. This factory in the Danish countryside has churned out thousands of masts for wind turbines whose blades can stretch more than 500 feet. It’s an important contribution to a global wind revolution that’s supplying electricity to millions of homes worldwide.
Wind turbines blueprint is branded ‘meaningless’
Scottish Government officials have been accused of “riding roughshod” over recommendations from Moray Council planners about where wind turbines could be built in the region.
Renewables and investment – well placed to bounce back?
While many sectors have recently rediscovered the importance of resilience, it’s always been in the energy industry’s DNA. From hostile physical environments to volatile prices, the sector keeps the lights on for millions of households, whatever the circumstances. So, despite seized-up supply chains and plunging energy prices, the industry has largely endured and overcome the current challenges presented by the Covid-19 pandemic.
Green tech, climate policies could slash fossil fuel profits by two-thirds
The rise of clean tech such as renewables, electric cars and climate policies could cut global fossil fuel profits by two thirds, a report warns.
Old US oil refinery to pursue new green life after crude crash
In a sign of changing times, a U.S. oil refining company is converting one of its plants into a producer of clean fuel.
Europe pledges green recovery with historic stimulus programme
The European Union proposed making its climate-neutrality strategy a key pillar of a 750 billion-euro ($824 billion) recovery plan in a bid to boost economic growth and create new jobs.
Renewables in Africa – Insights from the legal world
Renewable energy in Africa looks set for a bright future, with increasing investment and growing incentives from states to develop green infrastructure. But what are the key legal and contractual issues that stakeholders should consider?
Thailand opens up LNG market, eyes regional trade
Thailand is issuing more liquefied natural gas (LNG) import licences as it attempts to liberalise its gas market and position itself as a regional LNG trading hub.
Danish firms target FID on major sustainable transport fuel project
A group of Danish companies are joining forces to steer a project aimed at producing clean fuels for transport in Copenhagen.
Built by oil’s riches, Houston goes 100% green years earlier
The oil and natural gas capital of the world is going all-in on solar power.
KPMG calls on UK’s business community to take lead on climate risk
KPMG is calling on the UK Government and business community to put the green agenda at the heart of its economic recovery plans.
North-east pension cash put into BlackRock renewable power fund
The north-east’s local government pension scheme (LGPS) has invested in a renewable power fund set up by asset manager BlackRock in a show of commitment to the energy transition.
Belgium’s nuclear power gamble
Belgium plans to switch off its last nuclear reactors by 2025, an ambitious move that will require significant investments in gas-fired power and renewables.
Scotland ‘must have the proper infrastructure’
Going through old papers, as one does at times like these, I came across a story I wrote in the mid-1970s about the prospects for an oil refinery in Easter Ross. How time flies.
Wind farm density fears
Almost two-thirds of the major wind farms currently proposed for Scotland are in the north of the country, new figures have revealed.
German oil refinery to convert unused wind into fuels
An oil refinery in northern Germany wants to turn excess wind power into green hydrogen to replace natural gas and produce synthetic fuels for aviation.
Subsea 7 wins multi-million deal for giant Vattenfall North Sea wind farm project
Offshore engineering firm Subsea 7 has announced a multi-million pound deal for a giant wind farm project in the Dutch section of the North Sea.