Macro
Fair to flare? The push to reduce gas flaring
Natural gas flaring is a prevalent problem in the oil and gas industry, with increased flaring in the last ten…
Is the tide turning for Australia’s fossil fuel exports?
In the 2022–2023 financial year, Australia is forecast to earn A$464bn ($302bn) from resource and energy exports, according to the…
Quarterly Environmental Sustainability Innovation Update: Environmental sustainability related patent filings activity decreased by 14% in the oil & gas industry in Q1 2023
The global oil & gas industry experienced a 14% decline in the number of environmental sustainability-related patent applications in Q1…
Shareholder revolt: Exxon says net-zero scenario “unlikely”
In reply to a controversy alert from proxy advisor Glass Lewis, ExxonMobil has said that the Paris Agreement target of…
UK awards CCS licences for offshore storage
The UK has awarded 20 licences to 12 companies for carbon capture and storage (CCS) at offshore sites as part of the…
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Who’s hiring who? Social Responsibility hiring activity increased by 6% in the oil & gas industry in Q1 2023
The global oil and gas industry experienced a 6% rise in new job postings related to social responsibility in Q1…
World’s largest carbon capture plant running at a third of its planned capacity
Chevron has revealed that its Gorgon carbon capture and storage (CCS) facility in Western Australia is running at just a…
Proxy adviser ISS backs activist climate resolution at TotalEnergies AGM
Institutional Shareholder Services (ISS), an influential proxy adviser, has recommended that investors in oil giant TotalEnergies back an activist shareholder…
European gas price lowest since the start of the energy crisis
The European gas price is the lowest it has been since the beginning of the energy crisis. On 8 May,…
LAPFF urges Shell shareholders to back climate resolution
The UK’s Local Authority Pension Fund Forum (LAPFF) has recommended that Shell shareholders support a climate resolution from activist investor…