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oil and gas

Collaboration, risk sharing, and common standards: What are the key accelerators of industrial decarbonisation?

Infrastructure

Collaboration, risk sharing, and common standards: What are the key accelerators of industrial decarbonisation?

A new report from WEF and Accenture sets out recommendations for how financiers, businesses, and government can work together to decarbonise some of the world's most hard-to-abate sectors

clock 04 August 2022 • 5 min read
'Grotesque greed': UN Secretary-General urges governments to tax fossil fuel firms' 'excessive' profits

Politics

'Grotesque greed': UN Secretary-General urges governments to tax fossil fuel firms' 'excessive' profits

UN chief argues oil and gas firms' profiteering off the energy crisis is 'punishing the poorest and most vulernable people, while destroying our home'

clock 04 August 2022 • 4 min read
'A scandal': Government hit with legal challenge over decision to approve Jackdaw gas field

Energy

'A scandal': Government hit with legal challenge over decision to approve Jackdaw gas field

Greenpeace claims government failed to assess full environmental impacts of Shell fossil fuel project in the North Sea

clock 26 July 2022 • 5 min read
Oil refiner Varo Energy unveils plan to achieve net zero by 2040

Infrastructure

Oil refiner Varo Energy unveils plan to achieve net zero by 2040

European fossil fuel giant pledges to ramp up investment in hydrogen and end sale of carbon-based products by 2040

clock 05 July 2022 • 3 min read
Study: Billions of pounds 'lost' to oil and gas tax relief could have funded insulation in two million homes

Taxation

Study: Billions of pounds 'lost' to oil and gas tax relief could have funded insulation in two million homes

Chancellor's decision to incentivise domestic oil and gas extraction is 'opposite of what's needed if we want to end our reliance on expensive gas', E3G warns

clock 31 May 2022 • 3 min read
'A sticking plaster': The green economy reacts to Energy Profits Levy and household bills support

Taxation

'A sticking plaster': The green economy reacts to Energy Profits Levy and household bills support

Green business figures, campaigners, politicians, academics and energy experts give their verdict on the government's windfall tax U-turn

clock 26 May 2022 • 15 min read
Government taps oil and gas profits to help pay for fresh £15bn energy bills support package

Politics

Government taps oil and gas profits to help pay for fresh £15bn energy bills support package

U-turn will see oil and gas firms to help pay additional 25 per cent windfall tax on profits to help pay for fresh measures to support households with soaring energy bills

clock 26 May 2022 • 8 min read
Schroders backs shareholder demands for emissions cuts from oil and gas giants

Energy

Schroders backs shareholder demands for emissions cuts from oil and gas giants

Chevron, ExxonMobil, and Shell urged to do more to decarbonise the energy industry and keep Paris Agreement targets alive

clock 24 May 2022 • 2 min read
Reports: Sunak orders plan for windfall tax on power companies and oil and gas producers

Policy

Reports: Sunak orders plan for windfall tax on power companies and oil and gas producers

Propposed levy set to extend beyond oil and gas firms and include a tax on the earnings of electricity generators benefitting from soaring prices, according to government insiders

clock 24 May 2022 • 4 min read
Carbon Tracker: How Oil and gas majors are 'gambling' their future on risky carbon capture projects

CCS

Carbon Tracker: How Oil and gas majors are 'gambling' their future on risky carbon capture projects

Carbon Tracker warns oil firms' climate strategies lack credibility as they largely focus on offsetting, CCS, and direct air capture rather than emissions cuts

clock 12 May 2022 • 5 min read
123
Most read
01

'Our fields shouldn't be full of solar panels': Truss vows to crackdown on renewables development

02 August 2022 • 5 min read
02

Scotland to ban fossil fuel powered boilers in new homes from 2024

02 August 2022 • 2 min read
03

Octopus Energy and Nest snap up stake in Hornsea One offshore wind farm

03 August 2022 • 3 min read
04

Are Liz Truss and Rishi Sunak on a climate collision course with the public?

03 August 2022 • 8 min read
05

Big names including Amazon, Honeywell, Mitsubishi line up behind green hydrogen

05 August 2022 • 6 min read
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