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oil and gas

Oil and gas giants pledge to work towards 'near zero' methane emissions by 2030

Energy

Oil and gas giants pledge to work towards 'near zero' methane emissions by 2030

Fossil fuel companies confirm plan to review collective methane targets for 2025 and onwards in light of new goal

clock 09 March 2022 • 4 min read
UK unveils plan to ditch Russian oil imports by end of 2022

Politics

UK unveils plan to ditch Russian oil imports by end of 2022

Government says it is working to secure alternative supplies from other regions, such as the US, the Netherlands, and the Gulf, as it prepares wider energy security plan

clock 08 March 2022 • 4 min read
'Number one cash flow to Putin's war chest': Might European governments really sanction Russian oil and gas?

Energy

'Number one cash flow to Putin's war chest': Might European governments really sanction Russian oil and gas?

The UK and EU are in the process of drawing up plans setting out how they will reduce their reliance on Russian oil and gas. But could they cut off supplies altogether, amid growing pressure from campaigners and the Kremlin's foreboding threats to launch...

clock 08 March 2022 • 9 min read
'This will encourage the world to go for green solutions': Boris Johnson touts plan for fresh UK energy supply strategy

Politics

'This will encourage the world to go for green solutions': Boris Johnson touts plan for fresh UK energy supply strategy

UK may look to domestic oil and gas sources to reduce reliance on Russia in short term, but Prime Minister insists government will not be abandoning net zero transition

clock 07 March 2022 • 6 min read
'Presumption against exploration': Tougher climate tests needed for new oil and gas projects, UK climate advisors warn

Policy

'Presumption against exploration': Tougher climate tests needed for new oil and gas projects, UK climate advisors warn

UK's climate advisors warn ‘climate compatibility checkpoint’ planned by Ministers for future oil and gas extraction projects must be made tougher, but stops short of calling for an end of exploration

clock 23 February 2022 • 10 min read
'The science is clear': HSBC aims to cut oil and gas clients' emissions by a third by 2030

Investment

'The science is clear': HSBC aims to cut oil and gas clients' emissions by a third by 2030

Banking giant unveils fresh goals for emissions on its balance sheet as it steps up efforts towards its 2050 net zero target

clock 22 February 2022 • 4 min read
'Incompatible': Climate targets render billions of barrels of North Sea oil 'unextractable', analysis claims

Energy

'Incompatible': Climate targets render billions of barrels of North Sea oil 'unextractable', analysis claims

Fresh analysis from UCL argues oil and gas extraction from the North Sea would have to fall year on year in order to align with 1.5C, but the government remains steadfast in support for the sector

clock 16 February 2022 • 6 min read
Why rising oil prices risk setting 'stranded asset trap' for fossil fuel developers

Energy

Why rising oil prices risk setting 'stranded asset trap' for fossil fuel developers

Oil prices may have surged in recent months, but investing in new fossil fuel projects risks 'catastrophic levels of value destruction' when prices fall, new Carbon Tracker analysis warns

clock 27 January 2022 • 7 min read
ExxonMobil vows to achieve 'net zero' operations by 2050

Energy

ExxonMobil vows to achieve 'net zero' operations by 2050

But oil major fails to establish targets for Scope 3 emissions that account for at least 85 per cent of its total emissions output

clock 19 January 2022 • 2 min read
Research: Oil and gas recruiters struggling to fill job roles as workers eye renewables

Skills

Research: Oil and gas recruiters struggling to fill job roles as workers eye renewables

Poll of nearly 17,000 energy companies, workers and recruiters reveals more than half of oil and gas workers who want to leave industry are eyeing a future career in renewables

clock 01 December 2021 • 2 min read
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