Canada in Talks With Heavy Emitters to Cement Future Carbon Price Hikes
Some sands producers say lack of pricing certainty has held them back from making significant investments in emission reduction projects like carbon capture and storage.
BP Wins Shareholder Support for Climate Strategy
The vote at BP’s annual general meeting came as the British government faced growing pressure to hit BP and its rivals with a windfall tax after energy companies posted a surge in profits.
‘We Can Handle It’: Why Oil and Gas Needs to Police Its Own Emissions
Experts from Schlumberger and Halliburton discuss the challenges of managing emissions in the oil patch—and what the oil and gas industry can do about them.
Equinor AGM Rejects Activist Calls for Emission Cuts
"Right now the world is dealing with a situation where energy security is high on the agenda, particularly in Europe," Equinor's chairman told the annual general meeting.
Lapis Energy CEO Discusses New Arkansas CCS Project
A new carbon capture project announced by Lapis Energy and LSB Industries will be the first CCS project in the state of Arkansas and only the third project from ammonia production in the U.S.
Oil and Gas M&A Threaten Emission Reduction Efforts
A new Environmental Defense Fund study shows that oil companies diversifying their assets to look greener are often just selling them to operators under less scrutiny.
ConocoPhillips’ Shareholders Vote Against New Emissions-reduction Targets
ConocoPhillips’ board recommended that shareholders vote against the proposal, saying it did not believe Scope 3 targets were appropriate for a company focused entirely on the exploration and production of fossil fuels.
ICE Launches Nature-based Carbon Credit Futures Contract
Many global companies such as oil major Shell have pledged to reach net-zero emissions, and said they will seek to use some nature-based credits, to help compensate for emission reductions they are unable to cut from their operations.
Occidental Shareholders Reject Climate Proposal from Activist Investors
More than 80% of shareholders backed the board's recommendation to keep current commitments set by the company.
Wells Fargo Set Emissions Reduction Targets for Oil, Gas, Power Clients
The move follows similar targets from rival bank Citigroup in achieving an overall goal of net-zero greenhouse gas emissions by 2050.