Oil

Schroders' CEO Peter Harrison tells Net Zero Festival that companies must quickly turn net zero targets into actionable strategies or face mounting pressure from investors

Conservative Environment Network publishes new collection of essays exploring how the UK can manage the shift away from North Sea oil and gas

But Ministers insist end to financial support for overseas fossil fuel energy projects, £16bn transition plan for North Sea, and climate compatibility test for new projects can put UK on track to net zero emissions

It comes amid revelations UKEF is still considering support for a host of overseas fossil fuel projects, despite recent pledge from PM to put an end to such backing

Heather Clancy runs the rule over a tough year for the oil industry that may well turn into an historic turning point

Despite lockdown generating a steep decline in fossil fuel production, COVID-19 recovery plans risk accelerating it beyond pre-COVID levels, a UN-backed study warns

Latest Carbon Tracker report explores how surging demand for EVs in China and India are set to make a massive dent in forecast oil demand throughout the 2020s

US oil and gas giant says it is finalising a new strategy to deliver net zero emissions from its operations by 2040 and from its products by 2050

Newly installed CEO Anders Opedal declares 'Equinor is committed to being a leader in the energy transition'

The French oil major plans to boost annual investments in renewables and electricity by $1bn, although gas will remain a key source of revenue