Oil & gas

Energy Minister: 'We will never license oil and gas development in the UK that isn't compatible with net zero'

Graham Stuart insists new oil and gas licenses are compatible with UK climate goals, as he argues UK can continue to attract green investment without engaging in 'subsidy race'

25 May 2023 • 6 min read

Are bumper oil and gas profits luring BP and Shell into a stranded asset trap?

BP dilutes plans to reduce oil and gas output as it becomes the latest fossil fuel giant to post bumper profits following Russia's war in Ukraine – but could such short term thinking prove a risky bet?

07 February 2023 • 8 min read

Energy

Are oil and gas majors starting to explore a future beyond fossil fuels?

Investment in clean energy from fossil fuel majors was more resilient during the pandemic in 2020, research suggests

08 June 2021 • 8 min read

Energy

'Woefully inadequate': ExxonMobil touts 'Paris consistent' climate plan

US oil and gas major offers 'respect and support' for global ambition to achieve net zero emissions by 2050, but campaigners remain less than convinced

15 December 2020 • 4 min read

Energy

Resilient dividends and integrated energy: Five things we learnt from BP's net zero strategy

04 August 2020 • 7 min read

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