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The Biden administration this week issued an order suspending further work on oil leases in the Arctic National Wildlife Refuge in Alaska, pending a new environmental review. The order follows through on a commitment that President Joe Biden made on his first day in office. Drilling in ANWR has always been highly controversial, and the lease sale in January attracted only limited interest.
It is increasingly clear across Asia that governments, lenders, and both gas suppliers and consumers must prioritise the management of carbon emissions across the gas value chain.
The UK's North Sea Transition Deal has focused attention on platform electrification. Can the UK replicate Norway's past success and emissions savings?
With peak oil demand on the horizon, diversifying the product mix will be crucial for refiners. Cutting emissions intensity could also give refinery sites a crucial competitive edge.
The US Congress has been debating two bills with big implications for energy. The first, the Infrastructure Investment and Jobs Act, has finally been passed by both House and Senate, and will be signed into law by President Biden.
COP26 has a week to put the world on a 2 °C or lower pathway. Simon Flowers highlights four must-haves that can make a Glasgow Agreement a gamechanger in tackling climate change.
Offshore investment activity is ramping up in Norway, and its upstream supply chain faces distinct pinch points.
The Biden administration and key members of Congress are in negotiations over legislation that could include a new fee on methane emissions from US oil and gas facilities. If it passes into law, the fee would have a widely varying impact across regions and across companies.
What happens if COP26 doesn’t put the world on a 2 °C or lower pathway? Our latest Energy Transition Outlook explores what happens if COP26 fails to lay down the law on collective goals and actions to tackle climate change.
The IIGCC's Net Zero Standard for oil and gas companies shows much more needs to be done to align to Paris Agreement goals. What are the implications for the sector?
Economics is both a problem and solution for climate change. Our latest COP26 briefing looks at how keeping a 1.5 °C pathway in sight will require rapid reduction in the carbon intensity of economic activity.
Gas and coal prices have soared while governments commit to ambitious goals for cutting emissions. Nuclear power can be part of the solution.
With stakeholder pressure growing, will COP26 accelerate oil and gas companies’ pivot to low carbon?
Gas prices have hit record levels in Europe and Asia surging ten-fold in a year.
Responsibly sourced gas (RSG) is gaining traction in the US as investor pressure incentivises faster decarbonisation and higher ESG standards.
Moving to net zero emissions would transform the allocation of resource wealth around the world. Policymakers are starting to assess the potential economic impact.
Are oil and gas companies doing enough to tackle climate change? The answer is almost certainly no, despite the earnest intentions of many companies.
Continued restrictions on mobility reverberate through to demand for transportation fuels in Asia Pacific.
Leverage our real-time and historical data to understand Hurricane Ida's impacts to the crude supply chain.
Our accelerated energy transition (AET-2) scenario offers a view on how to achieve a 2˚C world aligned with the upper temperature limit of the 2015 Paris Agreement. The AET-2 scenario is curtains for long-term global oil demand, with consumption falling to 70% below peak levels by 2050.
How will Eni adapt to achieve its ambitious emissions deadlines? What role will exploration play in a low-carbon future?
A more mature tight oil sector means investors are looking for value, not just growth. Achieving value will mean limiting reinvestment and reducing production.
A critical outcome of COP26 will be a global response on carbon pricing and enabling policies, aimed at bridging the gap on high-cost CCS and hydrogen.
We started the Covid pandemic at negative oil prices. Today, benchmark prices are above $70. And t...
In the first half of 2021 upstream M&A deal activity recovered to 2019 levels and more than doubled in comparison to the low point in the first half of 2020.
With COP26 rapidly approaching, China’s special envoy on climate change, Xie Zhenhua, recently announced that Beijing would release more details of its climate strategy “very soon”. The clock is ticking.
The outcomes of COP26 will be a reality check for gas, providing clarity about a key question for the industry: does the world acknowledge the role of gas as a transition fuel?
Everything you need to know about one of our most unique oil offerings.
With LNG projects among the most emission-intense assets in the oil and gas sector, many companies are now actively working to lower the carbon intensity of their LNG portfolio.
With the LNG market on fire, soaring gas prices deliver record earnings and cash flow. What challenges will the LNG industry face with the energy transition?
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