Despite chronic air pollution and equipment malfunctions from an LNG terminal in Cameron Parish, more projects are moving forward.
The world-first Client Earth Shell lawsuit will have a ‘snowball’ effect, prompting other shareholder activist groups to take similar actions, say commentators.
A major Texas LNG project is promising to be the “greenest” LNG project in the world. But critics say it rests on ‘speculative’ and unproven carbon capture and sequestration technologies.
While much of the Texas coast is inundated with oil and gas infrastructure, the southern coast remains largely untouched by heavy industry. That could change with big plans for Texas LNG export terminals.
The halt to HSBC oil and gas direct financing of new fields sets new standards for all banks committed to net zero, say experts.
A UN expert group is working on standards to ensure that the “avalanche” of net-zero commitments from non-state actors is not just a greenwashing exercise.
Lower valuations for green companies are creating opportunities for oil and gas companies to fulfil transition objectives through acquisition. Purchases are on the rise.
Europe has unveiled new plans to speed up renewables, while the U.S. sees headwinds.
The divestment of European banks from fossil fuels projects is slowly but gradually gathering pace, a director at BlackRock, the US investment management firm, said at the Flame Conference in Amsterdam.