Sustainability
A US government order has stopped building activity aimed at harnessing wind energy offshore New York.
The meeting of leaders, experts, and stakeholders emphasized the urgency of addressing greenhouse-gas emissions to mitigate climate change and align with global sustainability goals.
The test marks a milestone in the Poseidon CCS project, which aims to store carbon dioxide in the depleted gas reservoir below the Leman development in the southern North Sea.
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Meeting the challenge of climate change requires worldwide action from all sectors of society. Throughout this transition, oil and gas will have a role to play within the mix of energy sources to meet the need for affordable and clean energy products and services.
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Integrating sustainability in the core business is not a quick fix but a complex journey that touches all parts of the business and requires new ways of alignment and cooperation. Safety has gone through similar challenges, and we can learn a lot from that journey.
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The target will align the company with the goals of the Paris Agreement to mitigate climate change.
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As part of the contract, Wood will provide the topside modifications needed for the Snorre A and Gullfaks A platforms to integrate the Hywind floating wind park with existing systems powering the facilities. The platforms will be the first to receive electric power from floating wind turbines.
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The World Bank has urged countries of the Gulf Cooperation Council to prioritize environmental sustainability while diversifying their economies away from a reliance on hydrocarbon revenues in an era of lower energy prices.
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The African Energy Chamber is pushing African OPEC and non-OPEC members to commit to a declaration of cooperation and work to ensure compliance.
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The Spanish oil and gas company says existing or foreseeable technologies will achieve at least 70% of its ambitious plan to shrink its carbon footprint.
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Annual report says that governments have the greatest capacity and responsibility to shape the energy future.
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French oil giant Total said it will not renew its membership of the American Fuel and Petrochemical Manufacturers association because the organization’s stance on climate issues does not align with its own.
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The tech giant has said it will choose startups to support based solely on their past work or their potential to drive progress toward the 169 targets listed under the framework of the Sustainable Development Goals.