Focus on News
EVs becoming ‘normalised’ as almost half of UK consumers know an owner – survey
Some 49% of 4,000 people surveyed in Britain either own an EV or know someone who does, according to new research.
Baker Hughes enters supply agreement with Venture Global
As Big Tech pours billions of dollars into AI technology, the demand for electricity to feed power-hungry data centers has grown.
Norway’s wealth fund sticks to investments in renewables despite market setbacks
The fund sees offshore wind as still the best strategic target, as it is Europe-based and offers a large series of partners.
Global energy transition investment exceeded $2 trln last year, report shows
Global investment in low-carbon energy transition exceeded $2 trillion for the first time last year, a report by BloombergNEF showed.
Britain submits plans to hit emissions-cutting target
Starmer raised Britain's climate targets at COP29, pledging to cut greenhouse gas emissions by 81% by 2035.
Shell exits oilsands, boosts stake in Scotford upgrader and Quest carbon facility
The deal will boost Shell's interest in the upgrader and carbon capture facility to 20 per cent.
Tesla expects capital expenditure to exceed $11 billion in 2026, 2027
The company had said in October it expected spending to be between $8 billion and $10 billion in 2026.
Chilean miner Codelco to use recycled material for ball milling at El Teniente mine
The move is part of efforts by the world's largest copper producer to cut its greenhouse gas emissions by 25% by 2030.
Scottish court rules against two new North Sea oil and gas fields
Environmental campaigners called the court's decision a "historic win".
Shell annual profit drops to $16 bn as oil prices fall
In late 2024, Shell announced it was cutting hundreds of jobs from its oil and gas exploration division to reduce costs.
