Climate Change News


Snam, Saipem to Jointly Pursue Energy Transition Tech

Sep 10, 2020

Offshore energy services provider Saipem and gas grid operator Snam have signed an agreement to work together on energy transition technology.Under the memorandum of understanding signed, the two Italian companies will jointly work on green hydrogen and carbon capture initiatives…

UK Gov't to Review Offshore Oil and Gas Licensing Policy

Sep 03, 2020

The UK government said Thursday it would review its policy on the future UK offshore oil and gas licensing regime as part of the wider aim of the country towards achieving net-zero emissions by 2050.'The review will ensure the Government has…

OGA: Offshore Platform Electrification Vital For 2050 Net Zero Emissions Goal

Aug 24, 2020

The UK oil and gas regulator Oil and Gas Authority (OGA) last week hosted the first of a series of workshops on offshore oil and gas platform electrification aimed at reducing greenhouse gas emissions, a step dubbed vital in helping the UK reach the net-zero target by 2050…

Oil Giants Including Exxon Set First Joint Carbon Target

Jul 17, 2020

A group of the world's top oil companies, including Saudi Aramco, China's CNPC, and Exxon Mobil, have for the first time set goals to cut their greenhouse gas emissions as a proportion of output, as pressure on the sector's climate stance grows…

Maersk Drilling Joins Offshore CO2 Storage Project

Jun 17, 2020

Danish offshore drilling company Maersk Drilling has joined a consortium whose aim is to develop an offshore storage solution for CO2 captured in Danish onshore facilities.Maersk Drilling said Wednesday it was joining a new CO2 storage consortium…

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