TotalEnergies to stop buying oil from Russia by year-end

The French energy giant said it would provide no new capital for its Arctic LNG project in Siberia, which is still under construction, however, it will continue to buy natural gas from Russia

Oil protestor ties himself to goalposts in Premier League fixture

Everton v Newcastle was forced into a stoppage to free the 21-year-old climate campaigner

Credit Suisse to halve fossil fuel financing by 2030

This follows a 41% reduction in investments last year

Oil and gas infrastructure
Cairn Oil & Gas commits to net zero by 2050

The Indian company has pledged to use renewable energy and plant 2m trees by 2030

Saudi Arabia commits to net zero by 2060

The Gulf state will invest $180 billion to achieve the aim but will continue to produce oil for years to come

‘Net zero will leave the Middle East 75% poorer’

A new report argues that oil-producing countries must be helped in the clean energy transition or risk becoming heavily poverty-stricken and a barrier to global net zero ambitions

Oil and gas sector ‘to prevent the world from limiting rising temperatures to 1.5°C’

None of the 100 companies investigated in a new report have committed to ending oil and gas exploration, despite the fact that they are arguably the largest contributors to the global climate emergency

EU Commission registers initiative aiming to ban fossil fuel ads and sponsorships

It will have to react on the proposal if organisers of the European Citizens’ Initiative collect one million signatures within a year from at least seven member states

‘Oil and gas giants must urgently ramp up investment to limit climate change’

CMS states investment in the energy transition accounted for only 3.6% of oil and gas majors’ capex spending in 2020

Shell’s ‘net zero strategy’ to invest four times as much into oil and gas exploration than into renewables

The energy giant has announced it plans to reduce oil production by ‘around 1% or 2% each year’