Investment , Emissions , Technology

Exxon Mobil, Princeton Energy Center Renew Collaboration to Advance Low-carbon Energy Solutions

Exxon Mobil and Princeton University’s Andlinger Center for Energy and the Environment have renewed their collaboration to research lower-emission technologies and energy solutions, the company said on July 2.

July 2, 2020

Investment , Crude Oil , Emissions

Global Oil Demand Likely Peaked in 2019, Energy Consultancy Firm Says

Norway-based consultancy DNV GL said global energy use would be 8% lower in 2050 than previously expected due to the impact of the pandemic.

July 1, 2020

Public Capital , Emissions , Acquisitions & Divestitures

BP Sells Petchems Arm for $5 Billion

The company’s withdrawal from the sector reflects its shift to low-carbon energy.

June 29, 2020

Investment , Methane , Emissions , Technology

New Initiative Looks to Boost Oil Industry’s Decarbonization Efforts

In hopes of avoiding a slowdown in momentum caused by the current downturn, OGCI Climate Investments launched a new program to finance oil and gas projects focused on methane reduction technologies.

June 25, 2020

Emissions , Renewables , Technology

Getting to 100% Decarbonization: Powering Up Sustainable Energy

Renewables and new technologies could push power emissions to zero but would do so in different ways across global markets.

June 23, 2020

Liquefied Natural Gas (LNG) , Natural Gas liquids (NGL) , Natural Gas , Crude Oil , Emissions , Renewables

BP Report: Global Energy Consumption Rises, But Growth Rate Slips

BP CEO expresses concerns about the impact of COVID-19 in a ‘pivotal moment’ for the world.

June 17, 2020

Public Capital , Emissions , Technology

Schlumberger CEO Expects Up to $1.4 Billion Charge for Restructuring

Schlumberger CEO Olivier Le Peuch said the restructuring will include cuts in the oilfield service company's product lines and focus its operations on five key oil basins.

June 17, 2020

Public Capital , Emissions

Oil Major BP Plans to Cut 10,000 Jobs

London-based BP eyes 15% reduction in workforce as COVID-19 accelerates broad strategic shift.

June 8, 2020

Exploration & Production , Emissions , Technology

E&P Special Report: Keeping a Lid on GHG Emissions

Oil and gas operators and service providers maintain a long-term view on emissions management.

June 5, 2020

Business , Investment , Emissions , Renewables

Eni Overhaul Separates Clean Energy From Oil, Gas

The new division—called Energy Evolution—will be led by current CFO Massimo Mondazzi, who will maintain his current role until Aug. 1.

June 4, 2020