oil

The new structure aims to help the business achieve growth objectives and environmental sustainability

A diesel power plant owned by a subsidiary of Norilsk Nickel collapsed last Friday, leaking the fuel into the Ambarnaya river

The philanthropic foundation, founded by the grandsons of oil giant John D. Rockefeller, says its returns are now beating market benchmarks after shifting its portfolio to 99% fossil fuel-free investments in 2014

As a result of an ‘unprecedented’ drop in global prices and demand, the global pipeline industry is looking at extended delays and stalls

Low wholesale energy prices mean six suppliers are now offering a total of nine new fixed deal energy tariffs for less than this price

The move expands the global infrastructure solutions firm’s business to include well management services for the upstream oil and gas industry

DNV GL says the post-combustion technology will capture and liquefy 400,000 metric tonnes of the carbon dioxide produced each year at a cement plant 

The fuel will be used for charter flights carrying PPE – the energy giant claims associated carbon dioxide emissions will be offset through certified US projects

The coronavirus crisis has affected all aspects of economic life but its impact on the oil and gas markets has been especially dramatic.

Oil & Gas UK calls on the government to support the sector in continuing to provide ‘a secure and affordable supply of energy’, as well as help decarbonise