O&G major Total has made a step into the floating offshore wind market, targeting the UK for its first project.
New research by Carbon Brief has shown that the UK’s CO2 emissions have fallen by 28% over the past decade.
Following BP’s announcement that it will now pursue the ‘ambition’ of attaining net zero status by 2050, Liam Stoker reflects on announcement, what BP has actually said and, crucially, what it hasn’t.
Centrica slumped to a £849 million loss in 2019, a performance it blamed on Ofgem’s energy price cap for creating a “challenging environment”.
The “deep pockets” of the oil and gas (O&G) industry could be crucial in accelerating the deployment of renewables, the IEA has said in a new report.
The oil and gas sector has been put on notice by global bank BNP Paribas, which has warned them in a new report that the “irresistible” economics of combining renewables with EVs is “the death toll for petrol”.
Utilities, automakers and big oil companies will drive the deployment of electric vehicle charging infrastructure, according to a new report by EY, which warns that despite market uncertainty, investment needs to be made or “it’s highly likely they’ll be late to the party”.
Falling costs of solar PV and electric vehicles (EVs) could curtail new demand for coal and oil as early as 2020, according to a new report by the Grantham Institute at Imperial College London and the Carbon Tracker Initiative.
Major oil and gas companies have confirmed they are to invest US$1 billion over the next decade in an attempt to drastically cut their emissions, but have left renewable power development off the table.