Shell bows to court pressure, pledges to halve own emissions by 2030

Royal Dutch Shell today commits itself to halving by 2030 direct carbon emissions from the extraction and refining operations it directly controls.  The announcement, timed...

Blue H2’s pipeline puffs to 16GW across UK and Norway, analysts find

Hydrogen’s "blue" variety scrubbed from oil and gas commands a 90:10 capacity lead over its electrolysed, cleaner “green” variant, in the UK and Norway,...

Germany suspends Nord Stream 2, in reaction to Putin’s Ukraine provocation

Chancellor Olaf Scholz this morning halted Germany’s licencing of the completed Nord Stream 2 gas pipeline in reaction to Russia’s recognition of two rebel...

Humber Hub Blue:  Lincolnshire H2 plant for Shell and Uniper

Two fossil-legacy energy giants are to co-operate on a blue hydrogen plant at the Killingholme gas power station in Lincolnshire. Uniper, the hydrocarbons-based generation business...

Britain “has 40 fossil fuel projects awaiting planners’ approval before 2025”

The UK has a pipeline of at least 40 major projects in oil, gas or coal extraction and refining awaiting planning consent, environmental analysts...

Van Beurden to step down as Shell boss, Sawan steps up

Ben van Beurden is to quit in December after nine years as CEO of Shell, the company told shareholders this morning. After 39 years with...

New oil digs in North Sea ‘marginal’ in lowering UK consumer bills, say government...

New exploration licences granted by the government to boost declining North Sea oil production will have ‘at most a marginal effect’ in lowering bills...

French oil giant elects to Mac-ron more of carbon cutting goals

Influential shareholders in France’s biggest hydrocarbon extractor TotalEnergies have welcomed its decision to accept a timetable for stripping carbon from its activities. Before its AGM...

Shell moves single HQ to London, drops ‘Royal Dutch’

Fossil fuel supermajor Shell today announced proposals for its slimmed down structure, including a single headquarters and tax residence in Britain. Subject to approval sought...

Fracking ban lifted, as D-BEIS confirms 100 new North Sea licences

The government this morning tore up a manifesto commitment, rescinding Britain’s 2019 moratorium on onshore fracking for gas, citing the need to increase national...

Schtum on prices, Centrica boss says UK gas supplies ‘unaffected’ by Putin’s Ukraine attack

British Gas’ eleven million consumers will face no interruption to gas supply after Vladimir Putin unleashed his duplicitous attack today on democratic Ukraine, Centrica’s...

BP’s Q1 profits 50% up, despite £16 billion Rosneft hit

Fossil fuel supermajor BP has posted underlying Q1 profits of nearly £5 billion, up 50% year on year, despite taking a £16 billion loss...

Crisis latest:  Wholesale gas & electricity prices trend upwards, as Social Energy Supply &...

Pressure on wholesale gas and electricity prices intensified this week, as two more exiting licensees brought this year's toll of failed UK power suppliers...

Lancashire geology limits England’s fracking feasibility, say academics

Seismic experts at Edinburgh’s Heriot-Watt University confirmed today that rock configurations beneath Britain’s most advanced fracking project raise further questions over commercial feasibility of...

BP and Shell sever Putin ties, as Total retains them

Divestment by western fossil fuel majors from partnerships in Vladimir Putin's Russia stumbled onwards today, with observers questioning continuing involvement by TotalEnergies and Exxon. Shell,...

Into the (light) blue again: Fen-based graphene firm to decarb UAE’s oily gas

A £700 million British clean-tech export deal has been announced to extract and store up to half a million tonnes of CO2e in the...

Celtic seas: Sturgeon opposes Cambo, as its minority owner Shell snaps up Irish floating...

After months of equivocation, Scotland’s First Minister this week confirmed her opposition to drilling the vast Cambo oil field, but stressed the final decision...

UK sanctions chill Gazprom; loses LSE fund-raising rights, & customers look elsewhere

The British government has stripped Putin-dependent energy giant Gazprom of its right to raise funds on London’s globe-spanning capital markets.  Meanwhile its UK arm...

For ‘windfall tax’, read ‘profits levy’: Sunak doubles fuel help, as £15bn package offers...

After weeks of denying he’d impose a windfall tax on North Sea oil and gas extractors, Chancellor Rishi Sunak today bowed to Ofgem’s fears...

‘Natural’ gas without climate warming? Brit pair partner in its promotion

Two technology pioneers in clean synthetic gas allied today in pursuit of perfecting, then selling hydrogen and other intermediate low-carbon fuels fabricated from waste. EQTEC...