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Shell outlines six steps to lowering company's carbon emissions
- 'By 2050, we will no longer serve customers who have unmitigated carbon emissions,' Shell says
Turkiye's 1st climate council discusses carbon emissions reduction on 3rd day
- Turkiye to create roadmap to combat climate change together with country's youth, says Turkish environment minister
Coal power expected to set new record in 2021 threatening net zero goals
- Rapid economic recovery and steep rise in gas prices increase coal power, underscoring need for strong policy to cut coal emissions
Turkey to accelerate efforts towards green revolution: Environment minister
- Murat Kurum reiterates Turkey's 2053 net-zero emission target
African leaders pledge to play their part in reducing carbon emissions
- Kenya says it is on course to achieve target of 100% use of clean energy by 2030
Net zero emissions by 2050 will require up to six-times more minerals
- Lithium is estimated to see fastest growth with demand up over 100 times from current level through to 2050, IEA says
Energy crisis could lead to faster-than-expected rise in carbon emissions
- Global carbon emissions between Jan-Aug are already only 1% lower than peak emission levels of same period in 2019
Shell to sell Permian assets to ConocoPhillips for $9.5 billion
- Effective transaction date is July 1, 2021, and closing is expected in fourth quarter of 2021
Shipping associations propose levy to reduce carbon emissions
- Levy is based on mandatory contributions by ships trading globally that exceed 5,000 gross tonnage for each tonne of CO2 emitted
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Climate pledges to cut global warming rise are not enough
- Progress needed as most governments do not yet have policies in place to meet their pledges, says CEO of Climate Analytics
06.05.2021
Renewable
Shell plans 5% annual decline in oil output
- Firm announces 2021 energy transition strategy includes gradual 1-2% drop per year in oil production investments up to 2030
Total, Siemens join forces to reduce carbon emissions
- Companies will focus on natural gas liquefaction facilities and associated power generation
EU needs to change course to cut emissions 55% by 2030
- Dramatic acceleration of energy transition in key areas is required for EU to hit climate goals, a new report says
Shell to buy EV street-charging firm, ubitricity
- Shell plans to become a net-zero emissions energy business by 2050
25.01.2021
Electricity
Green recovery could cut 25% of forecast 2030 emissions
- UN says green recovery would put emissions within range, giving a 66% chance of holding temperatures below 2°C
09.12.2020
Renewable
US officially exits Paris climate accord
- UN rules require withdrawal to take effect 4 years after deal came into effect, coincidentally a day after US elections
05.11.2020
Americas
Net-zero buildings could reduce energy demand by 95%
-Achieving global net-zero buildings is technically feasible in fight against climate change, new Oxford University study finds
China could reach net-zero target in "hybrid" pathway
- President Xi Jinping announced aim last month for China to achieve carbon neutrality before 2060
15.10.2020
Asia
Shell revises down 3rd quarter peak production by 6%
- Damages from recent hurricanes in the Gulf of Mexico mainly affects production outlook
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Shell to slash up to 9,000 jobs by 2022
- Company CEO says Shell aims for sustainable annual cost savings of between $2-2.5 billion
Oil giants post $80B total loss in 1H20 due to virus
- Top 12 oil firms also see total revenue decline by $240 billion, or 37%, in first half of 2020
Shell posts $18B loss, revenue fall 64% in Q2
- Weak results reflect lower prices for oil, lower realized refining margins, higher well write-offs, company says
30.07.2020
Oil
Turkey's flag carrier stretches its wings for nature
- Turkish Airlines saves soil larger than 60 football fields, prevents cutting of 3,648 trees by recycling its waste in 2019
Shell: Low oil prices to lower asset value up to $22B
- Energy company points to impacts of COVID-19 and challenging commodity price environment
Oil giants' loss exceed $20B in 1Q20 due to coronavirus
- Top 12 oil companies also see total revenue decline by $53.5 billion, or 17%, in first quarter of 2020
Total announces zero carbon emission goal by 2050
- Firm aims to cut carbon and net zero emissions in three steps from its operations and energy products sold to Europe
Shell posts 28% revenue fall and net loss in 1Q20
- CEO points to 'extremely challenging conditions' as company starts to reduce spending
Global emissions to see historic fall due to COVID-19
- Governments need to adjust more ambitious policies to make emissions drop permanent to combat climate change