PG&E offers additional support for customers amid covid-19 pandemic

The company has announced series of billing and service modifications to ensure continuous flow of gas and electricity

RBS to stop lending to energy firms ‘without credible climate plan’

It has pledged to stop lending and offering underwriting services to companies with more than 15% activities related to coal as well as major oil and gas producers

Prosafe and Floatel merger falls through

The decision follows an in-depth investigation by the Competition and Markets Authority which highlighted serious competition concerns

Lundin Petroleum aims to become carbon neutral by 2030

It has also proposed to replace ‘Petroleum’ with ‘Energy in its name

Guardian pledges to ban fossil fuel advertising

The latest commitment supports its goal to reduce emissions to net zero by 2030

Global corporates bought record 19.5GW of clean energy in 2019

More than 100 corporations in 23 different countries signed PPAs last year

IEA: Oil and gas industry must take swift action to tackle climate change

The International Energy Agency says oil and gas companies, with their ‘extensive know-how and deep pockets’, can play a crucial role in accelerating the deployment of offshore wind, carbon capture and hydrogen

Royal College of Physicians make fossil fuel divestment pledge

The professional body is pledging to divest from oil, gas and mining companies by 2023 if they fail to demonstrate their operations are in line with the goals of the Paris agreement

BP to sell North Sea assets to Premier Oil in £475m deal

It is the latest step in BP’s planned programme of £7.6bn of divestments by the end of 2020

‘World’s first’ subsea power technology for offshore oil and gas proved

ABB, Equinor, Chevron and Total tested the ‘pioneering and ground-breaking’ technology for 3,000 hours in shallow water at a sheltered harbour in Finland