Search results for: net zero

97284 results

A list of search results

  • 16 June 2020
    Outlook & strategy, Transition, Vision

    Industry trade association Oil & Gas UK (OGUK) has revealed plans for halving emissions from production and exploration by 2030, with the country’s basin becoming net-zero by the year 2050.

  • 15 June 2020
    Business & Finance, Business developments & projects

    Oil giant BP is expecting massive reductions to asset values during the second quarter of 2020 as a result of the combined hit of the oil price plunge and the COVID-19 pandemic.

  • 12 June 2019
    Authorities & Government, Environment

    The UK government will today, 12 June, bring forward legislation to eradicate its net contribution to climate change by 2050, the UK’s Prime Minister Theresa May said. The statutory instrument to implement this will amend the Climate Change Act 2008. Prime Minister May will also meet young science and engineering students to discuss the new target, […]

  • 16 April 2020
    Business developments & projects, Outlook & strategy, Transition

    Oil major Shell has revealed its plans to become a net-zero emissions energy business by 2050 or sooner.

  • 17 June 2020
    Business & Finance

    SSE plc is planning to invest more than £7 billion over the next five years in major low-carbon construction projects to support the net-zero target and spur a green economic recovery.    The plan will see SSE invest almost GBP 4 million every day for the next five years on projects, including the GBP 3 billion […]

  • 15 June 2020
    Authorities & Government, Regulation & policy

    The Scottish government has set up a 62 million-pound ($78 million) fund to help the energy sector recover from the economic impacts of COVID-19 and the oil and gas price crash.

  • 28 June 2019
    Storage

    A minimum investment of GBP 2.2 billion is required between 2021 and 2026 to maintain and grow the north of Scotland transmission network, and a significant proportion of this investment will be aimed towards accommodating the growth in offshore wind in the north east, SSEN Transmission said in a recently issued draft Business Plan. There is […]

  • 12 February 2020
    Business & Finance

    Oil major BP has set a new ambition to become a net zero company by 2050 or sooner, and to help the world get to net zero.

  • 6 May 2020
    Environment, Outlook & strategy, Regulation & policy, Transition

    The UK Oil and Gas Authority (OGA) has revealed its intention to help the government achieve the target of net zero greenhouse gas emissions by 2050.

  • 3 September 2019

    The UK is set to establish a technology center aimed to develop solutions aimed at decarbonizing its offshore oil and gas industry.

  • 2 December 2019

    Greek oil company Energean has pledged to become a net-zero emissions company by 2050.

  • 26 July 2019
    Authorities & Government

    SSE has called on UK’s new Prime Minister Boris Johnson to increase the offshore wind capacity targets in order to reach the 2050 net zero emissions goal. In his letter to the new Prime Minister, SSE Chief Executive Alistair Philips-Davies stated that the Government needs to raise its ambition for Contract for Difference (CfD) auctions to deliver […]

  • 1 June 2020
    Equipment, Human Capital, Innovation, Research & Development, Technology, Transition

    The Oil & Gas Technology Centre (OGTC) has appointed Martin Gilbert as chair of the Aberdeen-based research and technology organisation. He will succeed Archie Kennedy who has been vice chair and chair of the OGTC since 2017. The OGTC was established in 2016 with £180 million of funding as part of the Aberdeen City Region […]

  • 26 February 2020
    Business & Finance

    UK oil major BP has said that, following an in-depth review examining the alignment of the climate-related policies and activities of trade associations with BP’s positions, it will leave three U.S.-based organizations in an effort to reach its target of becoming a net zero company by 2050.

  • 5 July 2019
    Authorities & Government

    SSE has called on the Business, Energy & Industrial Strategy (BEIS) Minister Chris Skidmore to increase the 6GW cap on new offshore wind in the UK. According to SSE, the current Contracts for Difference (CfD) auction includes a limited capacity of offshore renewables set before the Committee on Climate Change published its report and the government passed the […]

  • 16 January 2020

    Chairman of the Oil and Gas Authority, Tim Eggar, has said that, if the industry wants to survive and contribute to the energy transition, it has to adapt.

  • 5 December 2019
    Project & Tenders

    TGS has completed the sale of one of its seismic datasets to OGCI Climate Investments’ Net Zero Teesside project, a carbon capture, utilization and storage (CCUS) initiative planned for the North East of England. The data is to be used to verify the suitability for storage of CO2 in offshore reservoirs located in the Permian […]

  • 5 June 2020
    Environment, Regulation & policy

    Oilfield services company Wood has pledged to reduce its greenhouse gas emissions by 40 per cent by 2030.

  • 2 April 2020
    Technology

    Activities undertaken by the Oil & Gas Innovation Centre (OGIC) have transferred to the Oil & Gas Technology Centre (OGTC) in Aberdeen, supported by £3-million funding to boost low carbon technology. The funding has been provided by Scottish Funding Council, Scottish Government and Scottish Enterprise. Over the past five years OGIC has supported over 100 […]

  • 5 December 2019

    TGS has completed the sale of one of its seismic datasets to OGCI Climate Investments’ Net Zero Teesside project, a carbon capture, utilization and storage (CCUS) initiative planned for the North East of England.

  • 13 February 2020
    Business & Finance, Storage

    RenewableUK has appointed the former MP for Great Grimsby Melanie Onn as the organisation’s new deputy chief executive. Onn will begin her role on 9th March. In her new role as Deputy CEO, she will focus particularly on public speaking and media work. She will also lead on helping our supply chain members to grow, […]

  • 24 October 2019
    Business & Finance

    The best-positioned fuels for R&D into net-zero marine fuels are said to be alcohol, biomethane and ammonia.