oil and gas
Stranded assets: Report warns US oil majors are lagging European rivals in clean energy transition
Latest study from Carbon Tracker shows that while US firms are particularly exposed, all oil and gas firms would face massive stranded asset risk in the event of a successful energy transition
Total sketches first stages of plan to become low-carbon power producer
The French oil major plans to boost annual investments in renewables and electricity by $1bn, although gas will remain a key source of revenue
Peak oil? Five lessons from BP's landmark Energy Outlook
BP's Energy Outlook 2020 sketches three possible pathways for the global energy system to follow to 2050, from 'net-zero' to 'business as usual'
Net zero compatible? Government announces North Sea oil and gas sector review
Review of the UK's oil and gas licensing regime to look at how to align future of the sector with 2050 net zero target
Australian insurer Suncorp to ditch coverage for oil and gas projects
Landmark pledge makes Suncorp the first major insurer to adopt any policy restricting underwriting for oil and gas
Carbon Tracker: Oil and gas giants take $87bn hit on assets in nine months
BP, Shell and Total have all written down value of their assets by billions in the second quarter of 2020, but Exxon, Equinor and ConocoPhillips failed to report any significant material impairments
'BP has woken up': Oil giant pledges to reduce fossil fuel portfolio in beefed up net zero strategy
BP announces pivot to become 'integrated energy company' as it pledges to cut oil and gas production by 40 per cent and ramp up clean energy and technology investment after suffering record loss in the second quarter of 2020
'Stranded': Total writes down $8bn of fossil fuel assets
French oil giant concedes oil sands projects are becoming too expensive and warns that 'beyond 2030' peak oil demand beckons
Reports: Government mulling review of support for overseas oil and gas projects
Reports suggest Boris Johnson keen to end UK loan guarantees for oil and gas projects overseas amid reputational concerns for the UK ahead of COP26
Oil and renewable energy tech centres form Energy Transition Alliance
Oil & Gas Technology Centre and Offshore Renewable Energy Catapult to team up on floating wind, blade recycling, and offshore platform decarbonisation
Oil and gas industry unveils new carbon intensity targets
Oil and Gas Climate Initiative hails 'further step in support of the Paris Agreement' as national oil majors back new emissions goals
'Fundamental change': How write downs and bankruptcies are fuelling stranded asset fears
Shell and BP are writing down assets while a raft of US fracking firms are entering bankruptcy protection – change is coming to the fossil fuel industry faster than anyone expected
BP to slash oil asset value by $17.5bn as it predicts faster net zero shift
Oil and gas giant warns of 'enduring impact' of Covid-19 crisis which it expects will accelerate transition to net zero economy
BP confirms job cuts, reasserts clean energy pledge
Oil major announces it is to cut around 10,000 jobs globally, as CEO predicts coronavirus crisis will accelerate company's transition towards cleaner energy sources
ExxonMobil holds out against growing shareholder rebellion over 'insufficient' climate action
Around a third of investors, including the world's largest asset manager, vote for changes to oil giant's governance to help drive bolder climate action
'Oil has no place in our future': Rockefeller fund returns shine after ditching fossil fuels
Rockefeller Brothers Fund announces that its investment portfolio has exceeded expectations and industry averages in the five years since it divested from fossil fuels
Investor group warns no European oil and gas major has a credible net zero plan
Transition Pathway Initiative backed by investors boasting $19tr of capital welcomes stronger climate pledges from leading oil firms, but warns sector is still a long way from delivering adequate decarbonisation plans
'Advancing a low carbon future': Total pledges to deliver net zero operations by mid-century
French company becomes latest oil major to bolster its emissions reductions strategy, with promise to hit net zero across its operations worldwide by 2050
'Deeply disturbing': Just 35 banks have handed $2.7tr to fossil fuels since 2015, study finds
Major study backed by 250 NGOs and environmental organisations claims financing for fossil fuels has risen every year since the Paris Agreement was signed
'We will be prepared to part company': Could BP's exit from three major oil and gas trade bodies set a new industry standard?
Decision to quit three US trade bodies stems from differences over carbon pricing policies and methane regulation, as oil giant looks to build on net zero plans
Banks accused of fuelling climate change as high-carbon investments continue to climb
Investor report finds that financing for fossil fuels totaled nearly $2tr between 2016 and 2018, despite wider adoption of climate disclosure policies
Carbon Tracker: Oil majors must cut output by a third to meet Paris Agreement goals
New report warns none of the oil and gas majors are on track to be aligned with the Paris Agreement by 2040, with some firms needing to cut production by as much as 85 per cent
Eni and Mainstream Renewable Power eye joint UK offshore wind bids
Italian oil and gas giant to collaborate with global wind and solar developer on clean energy projects in the UK, as well as Africa and Southeast Asia
'Gradual or rapid': How fast is the low carbon transition likely to be?
World Economic Forum report considers whether major shift away from fossil fuels is likely within the next decade, or will take much longer than green business hope