oil and gas

French oil giant concedes oil sands projects are becoming too expensive and warns that 'beyond 2030' peak oil demand beckons

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 & Gas Technology Centre and Offshore Renewable Energy Catapult to team up on floating wind, blade recycling, and offshore platform decarbonisation

Oil and Gas Climate Initiative hails 'further step in support of the Paris Agreement' as national oil majors back new emissions goals

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

Oil and gas giant warns of 'enduring impact' of Covid-19 crisis which it expects will accelerate transition to net zero economy

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

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

Rockefeller Brothers Fund announces that its investment portfolio has exceeded expectations and industry averages in the five years since it divested from fossil fuels

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