22 April 2014
Reducing carbon emissions should be a priority for the industry
The energy sector must take a leading role in tackling carbon emissions – and it needs to act now
In its latest report Mitigation of Climate Change, the Intergovernmental Panel on Climate Change (IPCC), has found that decades of foot-dragging by political leaders has propelled humanity into a critical situation, as global greenhouse-gas (GHG) emissions rise faster than ever. The report measures the success – or otherwise – of government efforts to keep the global rise in mean surface temperatures to less than 2 degrees Celsius compared with pre-industrial times. Most climate scientists believe that ecological damage – and the collateral economic damage that it will bring – will become unmanageable if long-term average temperatures rise beyond this internationally agreed target. Yet the r
Also in this section
23 April 2026
The addition of an oil pipeline to the Power of Siberia 2 gas project could ensure deliveries of Russian oil to China, materially shorten logistics lines between West Siberia and final customers, and—amid disruption in the Strait of Hormuz—offer a land-based export route that reduces exposure to maritime chokepoints
23 April 2026
There is a clear push to bolster exports to Asia amid uncertainty around its North American neighbour, but there are limits to the benefits from the energy crisis
23 April 2026
Shell made the play-opening discovery in Namibia’s Orange basin back in 2022, but its next well could decide whether the project can actually be commercialised
22 April 2026
The failure of OMV Petrom’s keenly watched exploration campaign at Bulgaria’s Han Asparuh block highlights the Black Sea’s uneven track record, despite major successes like Neptun Deep and Sakarya






