Oil and gas industry’s ‘social licence to operate under serious threat’

That’s the warning from Chairman of the Oil and Gas Authority, Tim Eggar,  who has said the sector must do more to drive down emissions

China sets up state-owned oil and gas pipeline enterprise

The centrally-administered organisation has been named the China Oil & Gas Piping Network Corporation

‘Barriers to oil and gas collaboration still remain’

A new report from Deloitte and Oil & Gas UK suggests the level of collaboration between operators and suppliers fell slightly in the last year

Repsol commits to going net zero by 2050

It claims to be the first oil and gas company in the world to commit to such a target

Fossil fuels hit record low share of major power producer generation in UK

During the same period, the share of low carbon power from major power producers was up by 1.8% on the previous year, rising to 54.4%

Shell makes wind turbine gear oil carbon-neutral

The energy giant announced it will make its Shell Omala S5 Wind 320 lubricant more sustainable by using carbon credits to compensate for carbon dioxide emissions

UK’s decommissioning sector ‘quickly growing in competitiveness and efficiency’

Decommissioning oil and gas infrastructure now represents nearly a tenth of the oil and gas industry’s overall expenditure and will cost around £15.2 billion over the next decade

Total Lubrifiants launches range of recycled hydraulic fluids for industrial use

The firm claims they are ten-times less energy-intensive to produce than traditional options

National Galleries of Scotland ends links with BP over climate concerns

The decision means the BP Portrait Award 2019 exhibition opening on 7th December at the Scottish National Portrait Gallery will be the last staging of the annual event

Iran announces 53 billion barrel oil find

The find would boost the country’s existing reserves of 150 billion barrel by a third