Special reports

DNV GL has published a report which sets out ways in which the energy transition can be accelerated to help limit global warming to 1.5°C.

From international oil company to integrated energy company: bp has set out its strategy for decade of delivery towards net zero ambition.

Petrofac and Storegga Geotechnologies have signed an MoU to work together on developing carbon capture and storage (CCS), hydrogen and other low carbon projects.

Hitachi ABB Power Grids has won an order to connect the Shetlands to the UK transmission system, meaning wind energy generated on the islands will contribute to the UK’s decarbonisation target.

The ‘Halliburton Labs’ have been set up for researchers and early-stage companies and to advance their clean energy projects with the support of Halliburton.

Global investment in new renewables capacity rose 5% in 1H20, defying Covid-19 recession, according to BloombergNEF.

The conference discussed the future of Germany’s energy system and the opportunities for the country to take a more climate-friendly approach to energy.

bp is set to invest US$70 million in India’s Green Growth Equity Fund and become its partner later this year.

Alexander Thillerup will lead the new Xodus Group Boston office, US, with Jamie MacDonald also relocating to become Director of Operations.

Worley’s acquisition of Ferrovial’s 50% shareholding means it now holds a 100% stake in TW Power Services Pty Ltd.

bp and JinkoPower will work together to provide China with decarbonised energy and help the country reach its goal of 50% non-fossil fuel power generation by 2030.

The acquisition of Andrew Fraser Pumps will form part of Oilgear’s green energy strategy, which aims to expand the company's customer base to the power generation technology and renewable energy industries.

According to the new IEA special report, a focus on clean energy innovation will be the key to ensuring climate targets are met.

DNV GL states that although COVID-19 has accelerated decarbonisation, there is still a long way to go to achieve Paris Agreement targets.

The IEA’s new report suggests recommendations to help the EU meet its 2030 targets.