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Oil Refinery
Oil Refining Companies Discuss Carbon Neutrality
The Ministry of Trade, Industry and Energy, SK innovation, GS Caltex, S-Oil and Hyundai Oilbank discussed carbon neutrality strategies on March 11.
Carbon Emissions
Shell's 2020 Carbon Emissions Fall on the Back of Fuel Sales Drop
Shell said in its annual report that total emissions from its oil wells to forecourt fuel sales fell to 1.38 billion tonnes of carbon dioxide equivalent last ye…
Energy Transition
BP Exited Kazakh Oil Projects to Focus on Renewables Strategy
BP Plc abandoned three oil projects in Kazakhstan after it changed strategy to concentrate on renewable energy and its existing ventures.
Carbon Emissions
Chevron Sticks to Lower Budget Plans, Sets New Carbon Reduction Goals
U.S. oil major Chevron has reaffirmed its lower budget plans, doubled its savings estimate from the takeover of Noble Energy, and set new goals for reducing car…
Paris Climate Agreement
India on Track to Achieve Paris Agreement Targets Before 2030 Deadline, Modi Says
Opec+ decision to continue with output cuts will hurt consumers, according to India’s oil minister
Carbon Neutral
FedEx Commits to Carbon-Neutral Operations by 2040
FedEx Corp., home of the world’s largest cargo airline, has set a goal to achieve carbon–neutral operations globally by 2040.
Carbon Emissions
China Draws up Plan for Carbon Emissions to Peak by 2030, to Take Active, Well-Ordered Steps to Develop Nuclear Energy
China will draw up an action plan for carbon emissions to peak by 2030 and take active and well-ordered steps to develop nuclear energy on the basis of ensuring…
Carbon Neutral
Japan on Track to Achieve 2030 Renewable Power Goal
Japan is on track to achieve its target for renewable power capacity installed by 2030, paving the way for its 2050 carbon neutral goal.
Energy Transition
Poland Sees Energy Transformation Costing $120 billion by 2045
Poland still generates most of its electricity from coal, but plans to reduce its share in power production amid rising carbon emission costs.
United Kingdom
London Unveils £12bn Infrastructure Bank
Institution based in Leeds will support projects that help meet the government's climate change goals
Carbon Emissions
API Expected To Endorse Carbon Pricing
The American Petroleum Institute is set to unveil a declaration in which it endorses carbon pricing as a means of achieving the goals of the Paris Agreement on …
Net Zero Emission
UK 'Needs £350bn to Deliver Net Zero’
LCP report highlights scale of investment opportunities for private capital in renewables, hydrogen and storage
Net Zero Emission
British Insurer Aviva Sets Out Net Zero 2040 Climate Strategy
ollowing the 2015 Paris Agreement on climate change, many countries and companies are aiming for net zero carbon emissions by 2050, to limit global warming to 1…
Energy Transition
Pacific Island Nations Reinforce Energy Transition Goals Ahead of COP26
Pacific Island governments have reinforced their commitment to energy transition action and strengthened sustainable energy goals within updated nationally dete…
Net Zero Emission
Recommendations for BMW Group to Meet 2030 Carbon Emissions Reduction Target
BMW Group – which is comprised of BMW, Mini, Rolls-Royce and Zinoro – is targeting 7 million in battery electric vehicle and plug-in hybrid electric vehicle s…
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