Many energy leaders see fossil fuel use continuing.
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Roundtable discussions with leaders from major energy companies reveal a lack of pressure from regulators or investors and a strong belief that fossil fuel use will continue for years to come.
BP, Shell and Equinor all produce widely used scenarios of energy’s future.
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Most claiming to be compatible with the climate agreement show a strong continuing reliance on natural gas and coal.
Companies need to reset their mission so that profitability is a means to an end - the organisation’s social purpose - not an end in itself is essential.
Pumps at a Shell fueling station in Tatarstan, Russia, Nov. 20, 2017.
Yegor Aleyev\TASS via Getty Images
The world’s largest energy companies are used to doing business in risky places with difficult partners. But with war in Ukraine, preserving their reputations outweighs profits.
South African marine biodiversity is unique and valuable and the Wild Coast is an especially rich part of that heritage.
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Researchers share their insights on seismic surveys in South Africa.
Shell’s withdrawal highlights unresolved tensions on the road to net zero.
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Oil giant must cut its emissions by 45%, a Dutch court has ruled.
To date, courts have often been reluctant to interfere in what is viewed as an issue best left to policymakers. These recent judgements, and others, suggest things are changing.
Changes in the pipeline.
Chrysaor’s reverse takeover of Premier Oil creates a new number one producer in the North Sea.
The oil and gas sector has transformed Newfoundland and Labrador over the past few decades.
Newfoundland and Labrador’s offshore oil and gas industry is the province’s largest contributor to the economy and will be critically important to its future.
The great cause of the 1980s.
The British Anti-Apartheid Movement was founded 60 years ago. Here’s why it remains as relevant today as in its heyday.
One of Shell’s Brent oil platforms.
Shell’s proposals to decommission its four Brent platforms are a test case for North Sea industry. But here’s why decommissioning is not what it’s cracked up to be.
A singular focus on divestment from oil and gas companies to counter climate change could be detrimental.
The broad principle of companies, government bodies and universities divesting from oil, gas and coal companies is sound. But its application needs more sophistication.
The oil fields in the Niger Delta are regularly sabotaged by people living in communities surrounding the fields.
Nigeria must work together with its people to help keep the peace in the Niger Delta.
Even oil and gas companies have now started calling for a global carbon tax.
Even oil companies have started asking for a price on carbon, not least because it could help them avoid other, stricter forms of regulation.
Time to move on: Shell’s Kulluk rig being rescued by Coast Guard in 2013.
US Department of Defense
Did environmentalists force Shell to exit the Arctic? Not really. Blame economics and geopolitics first and foremost.
Troubles with Shell: in 2013, its drill became stranded and had to be rescued.
Aaron M. Johnson/US Air Force
Shell has abandoned oil exploration offshore Alaska for now but a variety of trends are driving the energy industry to take a fresh look at Arctic drilling.
You Shell not pass.
Matt Mills McKnight/EPA
The risks of rising carbon emissions means fossil fuel firms need new strategies now - for the sake of their businesses as well as the planet.
The Kulluk, Shell’s Arctic offshore drilling platform, was grounded in 2013 after efforts by the US Coast Guard and tug vessel crews to move the vessel to a safe harbor during a winter storm.
Zachary Painter/ US Coast Guard/
Shell is going back to the Arctic to explore offshore drilling, but the company and the Department of Interior are not using the best practices for avoiding the risk of a spill.
Shell chief Ben van Beurden is pointing the way for oil companies to demand greater certainty over future climate policy.
In a speech last Thursday at International Petroleum Week – one of the biggest events on the industry’s calendar – Ben van Beurden, chief executive of Royal Dutch Shell, argued that big energy companies…