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.
President describes environmental activists as ‘heirs of yesterday’s foolish fortune tellers.’
Crestone Peak Resources revealed on Jan. 16 an innovative partnership for a large-scale test of real-time continuous air quality monitoring at its oil and natural gas production sites in Colorado.
Canada's Cenovus Energy on Jan. 9 unveiled plans to reduce per-barrel greenhouse gas emissions by 30% by the end of 2030.
The CEO of the American Petroleum Institute said such proposals from Democratic presidential candidates seeking to ban fracking pose a threat to the economy.
Data shows wind, solar, hydro, nuclear and imports produced about 48.5% of Britain's electricity in 2019 while fossil fuels such as coal and gas contributed about 43%.
Schlumberger said Dec. 19 it became the first company in upstream E&P services to commit to a science-based target to reduce emissions.
Federal fossil fuel leasing would be halted for at least a year.