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Jean Paul Prates, Petrobras' CEO; Source: Petrobras

Transition

Petrobras CEO paints oil & gas industry as ‘fundamental’ piece of energy transition puzzle

The CEO of Brazil’s Petrobras is adamant that oil and gas are an integral part of the energy transition engine.

about 2 years ago

Swedish bearing and seal manufacturing company SKF has taken part in the Board of Ocean Energy Europe, a network of ocean energy professionals, as a Lead Partner

Transition

SKF joins Ocean Energy Europe as lead partner

Swedish bearing and seal manufacturing company SKF has taken part in the Board of Ocean Energy Europe, a network of ocean energy professionals, as a Lead Partner. Michael Baumann, Global Application Account Manager Ocean Energy, will be representing SKF on the board. “OEE is the largest global ne

about 2 years ago

Transition

EU and Faroe Islands strengthen ties on green transition and climate change

The Faroe Islands, a self-governing country within the Kingdom of Denmark, and the European Union have signed a Memorandum of Understanding (MoU) to, among other things, work together on the green transition, energy and climate change. Faroese Prime Minister Aksel V. Johannesen and EU Commission Pre

about 2 years ago

Transition

Petrobras and Mitsui & Co. shake hands on low-carbon business opportunities

Brazilian state-owned oil and gas company Petrobras has signed a memorandum of understanding (MoU) with Japanese trading company Mitsui & Co. to explore low-carbon business opportunities in Brazil.

about 2 years ago

Illustration; Source: International Energy Agency (IEA)

Transition

Fossil fuels’ 75% methane cuts by 2030 come with $170 billion price tag

A new IEA analysis emphasizes the need for more action to bring forth the required emission reductions by 2030.

about 2 years ago

Transition

Oil & gas infrastructure in six North Sea countries hit by ‘unprecedented’ blockades

Activists have embarked on a wave of new climate action by setting up blockades to certain fossil fuel infrastructure in six North Sea countries.

about 2 years ago

Transition

ExxonMobil: Europe needs policy change not deindustrialization to be ‘attractive’ decarbonization playground

The president of ExxonMobil’s European arm is adamant that Europe needs industry to deliver the right set of climate tools and solutions.

about 2 years ago

Transition

Canada and Germany bolster hydrogen alliance with first-of-its-kind bilateral program

Canada and Germany have signed an MoU to speed up commercial-scale trade and implementation of hydrogen corridor between the two countries.

about 2 years ago

MethaneSAT Data Rendering; Credit: MethaneSAT

Transition

Brand-new satellite with ‘superpower’ to gauge methane goes live – gallery

A satellite has been launched to glean insight into methane emissions, focusing first on oil and gas operators.

about 2 years ago

Transition

Clean Arctic Alliance urges IMO to create new emission control areas in Arctic

The Clean Arctic Alliance has urged the International Maritime Organization (IMO) member states to agree to the creation of new areas in the Arctic that will be protected from polluting air emissions from shipping.

about 2 years ago

Transition

France looking at options to increase interconnection capacity with UK

The French Energy Regulatory Commission is investigating the opportunity for a new electricity interconnection between France and the UK, in addition to three that are currently operating. France’s Commission de régulation de l’énergie (CRE) launched a public consultation on March 5 concerning the o

about 2 years ago

BP, Equinor and TotalEnergies pick 9 contractors for UK's 'vital' decarbonization projects

Transition

BP, Equinor and TotalEnergies pick 9 contractors for UK’s two ‘vital’ decarbonization projects

BP, Equinor and TotalEnergies have selected nine contractors for engineering, procurement, and construction contracts, with a combined value of around £4 billion, for two projects being developed in Teesside that are said to be vital for the UK’s decarbonization journey. Net Zero Teesside Power (NZT

about 2 years ago

With 'outstanding' financial results in 2023, Prysmian upgrades its decarbonization strategy

Transition

With ‘outstanding’ financial results in 2023, Prysmian increases its decarbonization ambition

Italian cabling giant Prysmian in 2023 delivered what it says was a “remarkable performance” with “outstanding” financial results, record backlog in Transmission, as well as increased 2030 emission reduction ambition. For the financial year 2023, Prysmian’s adjusted EBITDA rose by 9.4% to €1,628 mil

about 2 years ago

Transition

BP and Baker Hughes make headway in monitoring methane emissions from flaring

Baker Hughes has joined forces with BP to bring a new application for the upstream oil and gas sector to life as part of its emissions abatement technology.

about 2 years ago