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oil and gas

Sarasin & Partners to divest from Equinor over failure to align strategy with Paris Agreement

Investment

Sarasin & Partners to divest from Equinor over failure to align strategy with Paris Agreement

Asset manager tasked with steering Equinor climate talks on behalf of hundreds of investors exits oil major over emissions concerns

clock 18 March 2025 • 3 min read
IEEFA: Credit ratings must consider energy transition risks facing European oil and gas sector

Investment

IEEFA: Credit ratings must consider energy transition risks facing European oil and gas sector

New report argues credit ratings agencies are failing to adequately account for the transition risks facing fossil fuel industries

clock 13 March 2025 • 3 min read
UK government eyes plan for 'prosperous and sustainable' shift away from North Sea oil and gas

Policy

UK government eyes plan for 'prosperous and sustainable' shift away from North Sea oil and gas

DESNZ consults on how to foster smooth transition away from oil and gas production in the UK and grasp opportunities from clean energy future

clock 05 March 2025 • 7 min read
 Carbon Majors: Half of global fossil fuel emissions linked to just 36 firms

Climate change

Carbon Majors: Half of global fossil fuel emissions linked to just 36 firms

New data reveals overall emissions from world's largest oil, gas, coal, and cement producers increased in 2023

clock 05 March 2025 • 5 min read
'A victory for common sense': Consent for Rosebank and Jackdaw oil and gas fields ruled 'unlawful' by Scottish court

Legislation

'A victory for common sense': Consent for Rosebank and Jackdaw oil and gas fields ruled 'unlawful' by Scottish court

Court declares significant emissions caused by burning Rosebank's oil should have been taken into account during its approval, dealing a further blow to plans for new carbon intensive infrastructure

clock 30 January 2025 • 7 min read
What can the UK green economy expect in 2025?

Politics

What can the UK green economy expect in 2025?

From revamped net zero strategies to potentially historic electricity market reforms, the UK green economy is embarking on a hugely significant 12 months

clock 07 January 2025 • 10 min read
'Now is the time to protect these coasts': President Biden expands US offshore drilling ban

Policy

'Now is the time to protect these coasts': President Biden expands US offshore drilling ban

Out-going administration extends protections for more than 253 million hectares of ocean, as President-elect Trump vows to 'unban it immediately'

clock 07 January 2025 • 4 min read
Shell and Equinor UK to team up on new North Sea oil and gas venture

Infrastructure

Shell and Equinor UK to team up on new North Sea oil and gas venture

Fossil fuel giants say joint venture will enable cost-competitive approach to maturing basin, but green campaigners argue the move reveals an industry in 'terminal decline'

clock 05 December 2024 • 4 min read
Survey: Most UK business leaders support ban on new oil and gas licenses

Energy

Survey: Most UK business leaders support ban on new oil and gas licenses

Poll finds over 70 per cent of business leaders back ban on new drilling licenses, citing benefits for investment and energy security

clock 25 November 2024 • 5 min read
Shell's legal victory is not the end for corporate climate litigation

Risk

Shell's legal victory is not the end for corporate climate litigation

The Hague Court of Appeal has overturned a previous verdict in 2021 which stated that Shell must reduce its CO2 emissions by 45 per cent by 2030

clock 18 November 2024 • 4 min read
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