The OECD and the International Energy Agency (IEA) have said that governments should take the opportunity of historically low oil prices to redirect some of the half a trillion dollars spent annually supporting fossil fuels into sustainable investment including low-carbon energy
Industry
Total joins Getting to Zero Coalition
Supermajor Total has announced that it has joined the Getting to Zero Coalition
Oil prices rise on extension of OPEC+ production cuts
Oil prices rose on Monday 8 June following the agreement of OPEC and its non-OPEC allies to extend the 9.7mn bpd June production cut for another month, which is set to tighten the market further
Oil and gas companies gravitating towards sustainability practices: GlobalData
Oil and gas companies are facing increasing scrutiny for their carbon intensive operations
Digital technology key to post COVID-19 recovery: ADIPEC reveals
Offshore oil and gas companies should use the COVID-19 pandemic as a springboard for building stronger, more sustainable businesses, using digital technologies to do more with less, and making the industry more exciting for the next generation of talent