Oil majors are at the sharp end of the climate debate and face a bewildering balancing act to secure their futures.
New research shows a sharp increase in expected low-carbon investment this year by oil and gas companies, despite volatile market conditions.
Some 71% of senior oil and gas professionals and executives surveyed by DNV GL expect to increase or maintain investment in renewable energy, decarbonizing oil and gas production and new low-carbon technologies.
Would you rather global societal breakdown occurred by climate change or mass energy poverty? Or none of the above?
Unlike Saudi Aramco's push for a giant stock market listing, which has been highly publicized and closely watched, ADNOC has gone for a more staggered approach with its fundraising efforts.
Speaking during the opening day of IPTC, Bahrain Oil Minister Sheikh Mohammed bin Khalifa Al Khalifa also said he sees producers challenged by rising energy demand in the future.
A group of Barclays shareholders coordinated by responsible investment lobby group ShareAction want the bank to phase out financing fossil fuels.
The city divestment push was "part of a general trend" toward shifting money from fossil fuels and that trend "is making fossil fuel companies sit up and take notice."
The challenge confronting the industry involves ensuring there is sufficient demand for the gas that the industry produces.
Robert Hefner V, president and CEO of Hefner Energy, sat down with Jessica Morales to discuss a wide range of topics including his company’s business model and addressing climate change.