Oil and Gas

Will antitrust concerns be the death knell for insurers’ net-zero commitments?

The recent departure of three of Europe's largest insurers from the Net-Zero Insurance Alliance (NZIA), part of the wider Glasgow…

World’s largest carbon capture plant running at a third of its planned capacity 

Chevron has revealed that its Gorgon carbon capture and storage (CCS) facility in Western Australia is running at just a…

Will Saudi Arabia ever make good on its solar ambitions?   

For years, Saudi Arabia has been promising a solar revolution. In 2013, the government said it would aim for 24GW…

Satellites can help the world reach net zero by 2040 – Inmarsat

A recent report from British satellite communications company Inmarsat and Argentine consultancy Globant estimates the world could reach net zero…

Grant Shapps assures the UK’s oil and gas industry it has his full support to continue drilling 

The UK’s Secretary of State for the Department of Energy Security and Net Zero, Grant Shapps, has reassured Britain’s oil…

Why ESG funds are full of fossil fuels

Now worth more than $10trn, the success of the US sustainable fund market is testament to the growing realisation that…

Why decisive OECD action could be the death knell for fossil fuels

The OECD – or Organisation for Economic Co-operation and Development – is a group of 38 countries that collectively make…

How a “carbon takeback obligation” can ensure net zero

In all the noise surrounding the oil majors’ 2022 earnings announcements, one stat published by Greenpeace cut through everything: if…

Between Russia and the West: Can clean energy overcome Morocco’s fossil fuel diplomacy?

Morocco was one of a minority of countries that did not vote in favour of the UN General Assembly Resolution…

Inside Norway’s efforts to move on from oil and gas

Amidst soaring interest in energy security and Russian fossil fuel exports, one of the lesser reported developments over the past…