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Low-Carbon Transition

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Illustration; Courtesy of Center for International Environmental Law (CIEL)

Low-Carbon Transition

Report: Instead of emission silver bullet, offshore CCS rush deemed as fossil fuel extension cover-up

New report from the Center for International Environmental Law (CIEL) outlines that offshore CCS is not a solution to fossil fuel pollution.

about 2 years ago

Low-Carbon Transition

Lawsuit case against Shell directors ends with court dismissal

A lawsuit against Shell’s board of directors has been thrown out of court, preventing ClientEarth from pursuing derivative action.

about 2 years ago

Illustration; Source: Environmental Defense Fund Europe (EDFE)

Low-Carbon Transition

First-ever EU law to rein in methane footprint comes with crackdown on emissions from imports

The EU has taken steps to tackle methane emissions from the energy sector, with the European Parliament, Commission, and Council reaching a provisional agreement on the first EU-wide legislation to cut the methane footprint in Europe and its global supply chains.

about 2 years ago

Low-Carbon Transition

TotalEnergies draws attention to slow energy transition progress, urging developed economies to support Global South’s transformation

TotalEnergies has published its new annual energy outlook, presenting scenarios for the evolution of demand and the global energy system to contribute to the energy transition’s debate in the run-up to COP28.

about 2 years ago

Fugro updates 2027 strategy, plans to expand into CCUS

Low-Carbon Transition

Fugro updates 2027 strategy, plans expansion into CCUS

Fugro is planning to expand into the carbon capture utilization and storage (CCUS) segment as part of its strategy towards 2027. Fugro has updated its strategic agenda with three priorities, including growing and transforming current business, expanding into developing segments, and increasing recur

about 2 years ago

Environmental Defense Fund Europe (EDFE)

Low-Carbon Transition

Is the EU ready to take decisive steps towards slashing its methane footprint from imports?

The EU’s decision-makers are preparing to weigh in on whether to include a performance standard for methane emissions from imports.

about 2 years ago

Illustration; Source: International Energy Agency (IEA)

Low-Carbon Transition

Report: Fossil fuel age not running out of gas, as production ramp-up undermines net-zero transition

A new report warns that plans to scale up fossil fuels threaten net-zero targets, derailing the transition to a sustainable future in line with the 1.5°C warming limit.

about 3 years ago

Low-Carbon Transition

As UK pledges more oil & gas licensing opportunities, calls emerge to supercharge renewables instead

Britain’s government is putting the wheels into motion to embrace more hydrocarbons with open arms by opening new licensing opportunities to ensure energy security while hoping to unlock more green investments in the process.

about 3 years ago

Low-Carbon Transition

Eni and Snam unveil Italy’s first carbon capture and storage project

Italy’s oil and gas giant Eni and energy infrastructure operator Snam have launched the first carbon capture and storage (CCS) project in Italy. Eni CEO Claudio Descalzi and Snam CEO Stefano Venier signed an agreement on December 19, 2022, to jointly develop and manage Phase 1 of the Ravenna CCS Pro

about 3 years ago

Low-Carbon Transition

New carbon capture firm to enter UK market

Aberdeen-based Amplus Energy Services is entering the carbon capture sector with a multi-million-pound investment in a Norwegian carbon capture company which will see the creation of a new UK carbon capture business. Amplus Energy announced it was investing seven figures in the Norwegian carbon capt

about 3 years ago

Gina Krog field in the North Sea; Source: Ole Jørgen Bratland/Equinor

Low-Carbon Transition

After Shelf Drilling rig hits gas in North Sea, production start-up on the cards by year-end

Equinor has made a new gas discovery in the North Sea, using one of Shelf Drilling’s jack-up rigs.

about 3 years ago

Illustration; Source: Energy Maritime Associates (EMA)

Low-Carbon Transition

With orders set to reach $173 billion, ‘robust’ demand in store for FPSO, FLNG and other floating production units

New report predicts a boost in demand, with orders reaching up to $173 billion for 168 floating production units within the next five years.

about 3 years ago

Low-Carbon Transition

Buffeted by market volatility, Shell’s profit slumps but overall performance remains ‘strong’

Shell has joined its peers in posting solid operating and financial performance for the third quarter of 2023.

13 minutes read

Illustration; Source: The International Energy Agency (IEA)

Low-Carbon Transition

IEA: Redoubling international cooperation ‘vital’ to usher clean energy era faster and end fossil fuel reign

The International Energy Agency’s new report outlines that the energy world is expected to change its stripes by 2030.

about 3 years ago