Sustainability
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2025 has seen an 81% year-on-year rise in the number of small modular reactor designs to have secured at least one source of funding or a funding commitment.
A newly formed global coalition, Carbon Measures, aims to develop a ledger-based carbon accounting framework and champion market-based solutions to drive emissions reduction.
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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. -
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 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.
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The International Association of Oil and Gas Producers, the Joint Technical Commission for Oceanography and Marine Meteorology, and the World Climate Research Programme came together for a second time to discuss what has changed in the understanding of the physical risks of climate change.
