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A big shake-up has hit the world of climate action. Several major oil and gas companies have left a global expert group that ...
Several major energy companies reportedly exited an advisory group that promoted draconian corporate climate targets after learning the alignment could ...
BP Targets Net Zero By 2050. By Louise Poirier. Storage tanks and wind turbines at the Rotterdam refinery in the Netherlands. Photo courtesy BP. February 18, 2020.
Oil giants Shell, Aker BP and Enbridge have withdrawn from the Science Based Targets initiative over climate rules requiring ...
Shell and other oil majors have withdrawn from the SBTi climate standard effort, triggering a pause in its oil and gas ...
This withdrawal underscores the immense challenge and inherent tension faced by major energy companies as they navigate the ...
BP did not specify how it intends to reach its 2050 targets to get carbon emissions from its operations to net zero and halve the carbon intensity of all products it sells, such as diesel or petrol × ...
Enbridge (ENB) and Aker BP (OTCQX:AKRBF) have quit a six-year-long attempt to define a net zero emissions strategy after ...
BP is now aiming to be net-zero across operations, upstream production and downstream sales by 2050 or sooner, which would make it the first major oil and gas company to do so, Mr. Duguid said.
The new boss of BP has promised to fundamentally “reinvent” the oil giant as he pledged the company would become carbon neutral by the middle of the century. Bernard Looney, who took the top ...
The decision to give participating banks and asset managers five more years to invest in oil and gas was taken after new SBTi ...