Oil and gas companies have a golden opportunity use the windfall from the recent commodity price upcycle to accelerate their decarbonisation drives, a new report says.
Thailand’s oil giant, whose sales account for about 10% of the nation’s economic output, is suddenly spending billions of dollars on electric-vehicle and renewable-energy companies and tilting its traditional businesses toward chemicals and plastics.
Investors poured more money than ever into renewable energy in the first half of the year, but the pace is far from enough to sufficiently curb increasing carbon emissions.
Twenty years ago, I pointed out that we were heading towards 80% of our electricity being generated from gas within two decades and 80% of that gas coming from Russia. It was true at the time.
Subsea 7 has struck a deal to buy a majority interest in Nautilus Floating Solutions, a developer of technology for the floating wind market based in Bilbao, Spain.
The Greenpeace Rainbow Warrior ship will be back in Aberdeen on Saturday to host a panel discussion on the need for a “just transition” for oil workers.
Some of the biggest names in renewable energy are calling on the leaders of the Group of 20 nations to take action to speed up the deployment of green power to prevent dangerous global warming.
Royal Dutch Shell announced late last year it would slash capacity by half at its biggest oil refinery. For Singapore, where the plant has been a mainstay of the economy for six decades, it marked a turning point in one of the most successful bets on fossil fuels in history.
Energy giant BP will make Aberdeen the centre of its global offshore wind business as part of a £10billion spending spree if it secures a lease to install and manage turbines in the North Sea.
Urgent action is needed to ensure that safety in the UK’s renewable energy and carbon capture sectors keeps pace in order to avert a major safety incident, according to a new survey.
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.
The rise of the machines – it’s not something that’s ever portrayed in a positive light in Sci-Fi movies or novels. But a new legion of souped-up robots is getting ready to boot up and make the offshore energy sector safer, keeping us out of harm’s way.
Renewables developer Simec Atlantis Energy (SAE) has said it is in “productive discussions” with receivers appointed over its majority shareholder, which is part of the troubled GFG Alliance international metals group.
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.
Southeast Asia is emerging as a hotspot for global solar investment with over $10 billion invested just last year. In 2020, the region represented 12% of the global solar market and installed capacity has more than doubled every year since 2018, Rishab Shrestha, analyst at Wood Mackenzie told the APAC power and renewables summit today.