Royal DSM, a purpose-led global science-based company in nutrition, health and sustainable living, has signed a power purchase agreement with a solar project Ørsted is currently developing in Texas as part of their global journey to a GHG reduction of 50% by 2030 compared to base year 2016.
Europa Oil & Gas has announced the formal launch of the farmout initiative of its high-impact exploration opportunity, the Inezgane Offshore Permit, offshore Morocco in the Agadir Basin, awarded to the Company in 2019.
AIM-listed Rockhopper Exploration has provided an update on its international arbitration against the Republic of Italy in relation to the Ombrina Mare field.
US: API unveils new climate reporting template for natural gas and oil industry
28 Jun 2021
Following the release of the industry’s Climate Action Framework this spring, the
American Petroleum Institute (API) has unveiled the next step in its efforts to accelerate climate solutions – a new template for individual companies in the natural gas and oil industry to more consistently report and track greenhouse gas (GHG) indicators.
While many companies have reported GHG indicators for over 20 years, the template aims to provide a consistent and uniform set of core GHG indicators to enable greater comparability in climate-related reporting. The template - developed in consultation with our members, the financial sector, policymakers, industry customers and other interested parties - includes relevant climate-related information. API expects to release additions to the template focused on GHG emissions intensity indicators later this year.
Vattenfall and BASF have agreed the sale of 49.5% of Vattenfall’s offshore wind farm Hollandse Kust Zuid (HKZ) in the Netherlands. Once fully commissioned it will be the largest offshore wind farm in the world and also the first one ever to be built without subsidies for the power produced.