Oil and gas majors announce investments in carbon-cutting technologies

Madeleine Cuff
clock • 2 min read

Low emission cement, high efficiency vehicle engines and carbon capture and storage technology will receive support from group's $1bn joint investment fund

Some of the world's largest oil and gas companies have today pledged to accelerate low-carbon innovation efforts, announcing the first wave of investments from their $1bn investment fund. The Oil and...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

LPFA to invest five per cent of pension holdings in 'climate solutions' by 2030

LPFA to invest five per cent of pension holdings in 'climate solutions' by 2030

Around £400m of investment from the London Pensions Fund Authority earmarked for climate and net zero opportunities in the UK

Holly Roach
clock 17 June 2025 • 2 min read
How the world's biggest banks increased fossil fuel financing to $869bn in 2024

How the world's biggest banks increased fossil fuel financing to $869bn in 2024

In a reversal of recent trends fossil fuel funding from the world's top 65 banks increased $84.8bn in 2024, according to the annual Banking on Climate Chaos report

Stuart Stone
clock 17 June 2025 • 8 min read
How Europe's 50 top sustainable companies are growing revenues faster than their peers

How Europe's 50 top sustainable companies are growing revenues faster than their peers

Corporate Knights delivers inaugural ranking of the 50 companies in Europe achieving the strongest performance against environmental, social, and governance indicators

Michael Holder
clock 10 June 2025 • 5 min read