Post Tagged with: "carbon footprint"

Source: Reuters

ConocoPhillips says Shell deal lowers emissions intensity

World Oil


HOUSTON (Bloomberg) –ConocoPhillips’s $9.5 billion deal to buy shale assets from Royal Dutch Shell Plc will boost the amount of carbon the company pumps into the atmosphere. Yet the company says the pact will actually allow it to …

Source: Reuters

Exclusive: Only a quarter of BP’s 10,000 job cuts to be voluntary

Reuters


LONDON – BP BP.L is set to make around 7,500 compulsory redundancies after roughly 2,500 staff – or just over one in ten of those eligible – applied for voluntary severance, according to an internal memo seen by Reuters …

Source: Reuters

Microsoft in deal with Equinor for Norway CO2 storage project

Reuters


OSLO  – Microsoft Corp on Wednesday signed a memorandum of understanding with Norway’s Equinor to explore the use of a carbon dioxide storage facility as the tech firm seeks to cut its carbon footprint, the Norwegian oil ministry said.…

Source: Reuters

Europe’s energy giants turn greener, but paths and targets diverge

Reuters


LONDON – Europe’s top oil and gas companies, which account for roughly 7% of global crude consumption, have committed themselves to greenhouse gas emission reduction targets which vary in scope, timelines and detail, making them hard for investors to …

Source: Reuters

Total considers stopping fuel oil sales for power: CEO

Reuters


ABERDEEN, Scotland – France’s Total (TOTF.PA) is considering stopping sales of fuel oil to power markets as the energy giant seeks to reduce its carbon footprint and grow its renewable power business, its chief executive told Reuters.…

Source: Houston Chronicle

Exporting natural gas creates carbon footprint rivaling that of coal, data shows

Houston Chronicle


In May, while President Donald Trump toured a new $10 billion plant designed to prepare natural gas for export, he made a vow. Such facilities would be good for the environment, he said, or they won’t get approved.…

January 23, 2020 - 11:00 am Closing Bell Story‎, Energy News, ESG, LNG, Natural Gas News