Energy
June 19, 2023
Investors hit back at new Shell oil strategy
British pension funds are questioning Shell board's ability to transition to a sustainable business model with one scheme considering selling the stock. Oil major Shell...
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June 13, 2023
Danish tie-up to test nuclear ammonia plant in Indonesia
A consortium led by Copenhagen Atomics has proposed a $4bn project that aims to create the world’s cheapest low-carbon ammonia. A $4bn agreement to build...
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June 5, 2023
Apac oil companies' slow transition poses funding risk, says IEEFA
A new report has highlighted the difficulties that oil and gas companies in the Asia-Pacific region may face in securing backing from investors and lenders...
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May 31, 2023
Are AGMs the right stage for climate protests?
Environmental non-profits targeting Shell for reversing its emissions pledges have garnered some votes at its annual meeting – yet ultimately they’ve been unable to win...
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May 30, 2023
IEA report highlights ‘dramatic shift’ to clean energy economy
Increasing global investment in clean technologies is seeing the shift to sustainable energy happening at a faster rate ‘than many realise’, an International Energy Agency...
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May 22, 2023
Will litigation against big oil mimic big tobacco’s court battles?
Oil and gas majors’ alleged prior knowledge of fossil fuels’ contribution to global warming is drawing parallels with how the tobacco industry dealt with the...
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May 16, 2023
Sell-off of oil majors’ fossil fuel assets may drive up emissions, says research
Oil and gas giants are offloading fossil fuel assets in a bid to bring down their carbon footprints, according to new academic research, but sales to companies with no net...
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May 10, 2023
IEEFA slams Eni for ‘carbon bomb’ gas field plan following sustainability-linked bond issuance
Think-tank says the deal to develop a major gas field in Australia contradicts the Italian energy giant’s carbon reduction pledges. Italian energy company Eni’s plans to develop a gas field...
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May 3, 2023
BP ‘profiting from cost of living crisis’, says think-tank
The IPPR has accused BP of ‘driving up prices and profits’ after the oil major beat profit expectations for the first quarter. After the release of oil major BP's quarterly...
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April 27, 2023
Offshore wind: Scotland’s bold ambitions on tenterhooks
Time is of the essence to develop the supply chain for the world’s largest floating wind programme. In 2000, the Port of Nigg on Scotland’s east coast was a shell...
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April 20, 2023
Battery company WeCo cashes in on solar boom
Italian battery manufacturer WeCo, which has emerged as one of Europe’s fastest-growing companies, is looking to scale up its operations beyond the domestic market. While Europe’s governments harbour dreams of...
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