Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search
Alastair O’Dell
Senior Editor
29 November 2019
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Lord Browne: Engage on climate or face regulation

Former BP CEO calls on oil & gas industry to start constructive dialogue with governments over environmental concerns—or risk misguided and ineffective legislation

The rise of environmental concerns in mainstream political debate could result in governments passing legislation that may be “extreme” and “not thought through”, according to Lord Browne, executive chairman of Russian oil investment vehicle L1 Energy and a former CEO of BP. The industry must do more to engage with governments and environmentalists to understand their concerns and propose effective solutions based on science, Browne told a meeting on the fringes of the Adipec conference in Abu Dhabi. "The industry has to understand that it has a clear obligation to plan things in an engineering way, and an economic way. We have a clear obligation to listen very carefully to the build-up of c

Also in this section
CCS becoming part of Africa’s development path, part 2
3 June 2025
Africa faces challenges in adopting CCS but also has vast potential, with the technology being not just a climate tool but a catalyst for development
CCS becoming part of Africa’s development path, part 1
2 June 2025
Rather than a simple climate option, CCS is now being seen as a workable solution for Africa’s growth strategy
Carbon border tax exemptions to become law
27 May 2025
EU Parliament and Council both agree to exempt bulk of importers from paying a carbon tax on goods imported into the EU
Plugging the gaps in CCUS with policy, finance and stakeholder trust
27 May 2025
Carbon capture, utilisation and storage needs stable policy, investable frameworks and coordinated infrastructure if it is to be developed at scale

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search