Shell petrol station
Shell to invest $300m to offset carbon emissions

It will contribute to the energy giant’s three-year target of reducing its net carbon footprint by 2% to 3%

Norwegian energy firm Equinor invests in Reactive Technologies

The London-based firm provides grid operators with analytics that allow them to integrate more green generation ‘faster and safer’

UK invests £1.7m in two Kenyan solar energy plants

The potential for one or both projects to take part in a power purchase agreement (PPA) pilot is being explored

Bristol Council smashes 2020 carbon reduction target – again

It has surpassed its goal of 65% two years ahead of schedule

Could US overtake Saudi Arabia as world’s top oil exporter?

The country saw a ‘spectacular growth’ of 2.2m barrels per day last year

Coal power
More than 100 finance groups now restrict coal funding

The Institute for Energy Economics and Financial Analysis says organisations are increasingly divesting to protect their assets and work towards decarbonisation

New inquiry into future investments in UK energy infrastructure

It comes amid recent decisions by Hitachi and Toshiba to halt new nuclear projects and concerns over how the gap for low carbon power can be filled

Renewable deal
Indian renewables get $330m boost in new deal

Eversource Capital, the National Investment and Infrastructure Fund (NIIF) of India and the UK government’s CDC Group have partnered to invest in CDC’s Ayana Renewable Power platform

EU agrees to create low carbon standards to aid investors

They are designed to help investors who wish to adopt a climate-conscious investment strategy

Shell warns of potential LNG supply shortage in mid-2020s

The energy giant says more investment is needed in LNG production projects