Industry watchdog the Oil & Gas Authority submits revised strategy to Parliament that for the first time includes obligation for sector to support pursuit of UK's 2050 net zero goal
Latest study from Carbon Tracker shows that while US firms are particularly exposed, all oil and gas firms would face massive stranded asset risk in the event of a successful energy transition
The French oil major plans to boost annual investments in renewables and electricity by $1bn, although gas will remain a key source of revenue
BP's Energy Outlook 2020 sketches three possible pathways for the global energy system to follow to 2050, from 'net-zero' to 'business as usual'
Review of the UK's oil and gas licensing regime to look at how to align future of the sector with 2050 net zero target
Landmark pledge makes Suncorp the first major insurer to adopt any policy restricting underwriting for oil and gas
BP, Shell and Total have all written down value of their assets by billions in the second quarter of 2020, but Exxon, Equinor and ConocoPhillips failed to report any significant material impairments
BP announces pivot to become 'integrated energy company' as it pledges to cut oil and gas production by 40 per cent and ramp up clean energy and technology investment after suffering record loss in the second quarter of 2020
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