Oil sector

Total confirms net zero ambition by 2050 and announces intermediate scope 3 absolute emissions targets

27 Oct 2020

Held last 30 September, Total’s Investor Day was an opportunity for France’s integrated oil group to reaffirm its commitment to fighting climate change. The event was eagerly awaited after rival B...

BP intensifies its transition efforts amid asset value and oil demand forecast revisions

25 Sep 2020

In the oil sector, UK major BP stood out this summer by unveiling its scenarios for the evolution of oil demand. In its release, BP warned of a peak in oil demand within the next few years, signal...

Strides in Oil and Gas transition methodologies with the release of ACT & SBTi guidance

24 Sep 2020

8-minute read
 
The Sciences Based Targets initiatives (SBTi) and Assessing low-Carbon Transition (ACT) have simultaneously developed transition methodologies for the Oil & Gas (O&G) indus...

European O&G Groups: actively trending towards electric utilities’ business models?

12 Jun 2020

In the field of climate action, the past few months have been marked by major statements by Europe’s largest integrated Oil & Gas groups (BP, Eni, Repsol, Shell and Total). From Repsol last De...

European oil & gas groups: actively trending towards electric utilities’ business models?

09 Jun 2020

Summary:  Europe’s prominent Oil & Gas groups (BP, Eni, Repsol, Shell and Total) made major announcements in the field of climate change slightly before and after the Covid-19 crisis broke out....

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