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Showing 81 - 90 of 182 results for "oil and gas"

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  THURSDAY, 15 JUN 2023  |  NEWS
Santos has admitted that its retired offshore oil and gas field Legendre has been leaking gas for a decade, throwing into doubt investor abilities to meet net zero plans. Methane gas - a greenhouse gas 25 times more powerful than carbon dioxide - has ...

Climate engagement escalation vital to responsible investing: Aviva Investors

ROSE MARY PETRASS  |  THURSDAY, 1 JUN 2023  |  NEWS
... engagements. The engagements apply across equity and credit portfolios and focused on 30 of the worst emitters from the oil and gas, mining, steel and utilities sectors making up approximately a third of all global emissions, considering their Scope ...

Just transition: a fair go for fossil-fuel workers

ROSE MARY PETRASS  |  THURSDAY, 4 MAY 2023  |  NEWS
... to develop downstream skills in the industry towards hydrogen production and carbon capture and storage in depleted oil and gas fields under the North Sea. "Ensure jobs are well paid and people are reskilled to participate in lower-zero carbon economy ...

Karoon Energy aims for net zero 2035 target

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... sustainability strategy," said Jo Hynes, HSSE and sustainability manager. "We spent a lot of time researching the oil and gas industry, where we saw the future of the industry and how we were best placed to operate responsibly. "We do see oil demand ...

Global investors set net zero target, implementation lags

RACHEL ALEMBAKIS  |  THURSDAY, 23 MAR 2023  |  NEWS
... ESG approaches to avoid short-term underperformance, including unwillingness to miss out on strong returns in the oil and gas sector. More than a third of investors in Europe have been allowing higher allocations to oil and gas companies in the short ...

Activist investor launches Santos campaign

RACHEL ALEMBAKIS  |  THURSDAY, 9 MAR 2023  |  NEWS
... has pivoted to a growth strategy, committing to by far the most aggressive upstream capex plan of any major listed Oil and Gas company globally," Snowcap said. "The result has been a drastic underperformance in Santos' stock price; now the lowest ...

Deloitte launches green tech initiative for business

RACHEL ALEMBAKIS  |  THURSDAY, 12 JAN 2023  |  NEWS
... demand growing rapidly across industries including utilities, power and energy, transportation and logistics, and oil and gas. "The first thing that we're seeing is that in order to reach net zero, 50% of the tech necessary is in development right now," ...

Critical talent shortage could stall net zero progress: Hays

RACHEL ALEMBAKIS  |  THURSDAY, 13 OCT 2022  |  NEWS
... director talent as well." It's not just in Australia - the report notes that in 2015, the ratio of jobs in the US oil and gas industry compared to the renewables and environmental sector was at 5:1, but by 2020, that ratio had narrowed to 2:1 and it ...

ACCR files additional claims in Santos lawsuit

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
... representations failed to disclose that its Net Zero plan does not account for expected production and/or emissions growth from oil and gas exploration opportunities beyond 2025 and the 'CCS Expansion' portion of the Net Zero plan reflects offsets ...

Government launches review of Safeguard Mechanism

RACHEL ALEMBAKIS  |  THURSDAY, 18 AUG 2022  |  NEWS
... emissions. The Safeguard Mechanism covers around half of Australia's emissions, which mainly come from electricity, mining, oil and gas production, manufacturing, transport and waste facilities. Through the review of the Safeguard Mechanism, the government ...