Net Zero

COP28 Day 3: US, UAE and China lead methane announcement blitz

On Saturday, during the third day of COP28, global leaders unveiled a raft of new announcements targeting methane at a…

Yara signs cross-border CO2 transport and storage agreement

Fertiliser maker Yara International on Monday announced that it has signed a deal with CO₂ transport and storage supplier Northern…

IEA says global oil demand will peak this decade

The International Energy Agency (IEA) said global oil demand would peak this decade at about 102 million barrels per day…

Oil and Gas companies prioritize reducing scope 1 and 2 emissions

Greenhouse gas (GHG) emissions generated by oil and gas operations—also known as scope 1 and 2 emissions—accounted for 15% of…

For decades the oil and gas industry has promised CCS: it’s time for the EU to make it deliver

It is no secret that the oil and gas sector has talked big on carbon capture and storage (CCS) for…

UN General Assembly: US Treasury sets out new “principles” to boost green investment

US Treasury Secretary Janet Yellen has announced a series of nine new financing “principles” to boost investment in green technologies…

UK net zero: Ford warns against UK Government U-turn on combustion engine ban

Car maker Ford has warned UK Prime Minister Rishi Sunak that pushing back a ban on combustion engine cars from…

G20: UK commits $2bn to UN-backed climate fund but wavers on domestic policy

The UK Government will provide an additional $2bn (£1.62bn) to the UN-backed Green Climate Fund (GCF), Prime Minister Rishi Sunak…

Africa Climate Summit wraps up with seminal – but flawed – ‘Nairobi Declaration’ 

NAIROBI - It felt at first like a climate summit born out of chaos. From the confusion around which leaders…

Could CCUS make a low-carbon and circular chemical industry a reality?

Accounting for 14% of industrial emissions in 2021, the chemicals industry represents a key point of intervention for achieving net-zero…

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