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Leading energy companies announce Transition Principles

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The FINANCIAL --According to Royal Dutch Shell eight leading energy companies have jointly developed and agreed Principles as a collaborative platform for energy transition. Joint collaborative approach welcomed by investors leading engagement with companies across sector through Climate Action 100+. Principles support collective industry acceleration to contribute to the Paris Agreement objectives by delivering progress on reducing GHG emissions, the role of carbon sinks, and the importance of transparency and alignment on climate change with trade associations. Companies are building further on this collaboration to drive more consistency and transparency in Greenhouse Gas reporting, and in measurement of the emissions which may occur at…

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Leading energy companies announce Transition Principles

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2 mins read

The FINANCIAL --According to Royal Dutch Shell eight leading energy companies have jointly developed and agreed Principles as a collaborative platform for energy transition. Joint collaborative approach welcomed by investors leading engagement with companies across sector through Climate Action 100+. Principles support collective industry acceleration to contribute to the Paris Agreement objectives by delivering progress on reducing GHG…

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bp, Shell, Total, and other leading energy companies formed new partnership – NEP

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The FINANCIAL — bp, Eni, Equinor, National Grid, Shell and Total today confirmed they have formed ‎a new partnership, the Northern Endurance Partnership (NEP), to develop offshore carbon dioxide ‎‎(CO2) transport and storage infrastructure in the UK North Sea, with bp as operator. This ‎infrastructure will serve the proposed Net Zero Teesside (NZT) and Zero…

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Total delivered its first carbon neutral gas cargo

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The FINANCIAL — Total has delivered its first shipment of carbon neutral1 liquefied natural gas (LNG) to the Chinese National Offshore Oil Corporation (CNOOC). The loading operation was carried out at the Ichthys liquefaction plant in Australia, and the shipment was delivered on September 29 to the Dapeng terminal, China. “We are proud to have completed…

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The Northern Lights project to disclose its data

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The FINANCIAL — Equinor is developing the Northern Lights project with Shell and Total as equal partners. Willing to share knowledge in a transparent manner the Northern Lights projects partners have decided to give open access to 31/5-7 Eos well data and make such data available for download. “The Northern Lights project believes data sharing…

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