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Oil and gas

Head and shoulders photo of Michael Tholen

8/10/2025 Comment / Michael Tholen

Policy, not geology, will decide the North Sea’s future

Although North Sea oil and gas is in a natural decline, premature closure of existing infrastructure makes no sense on several grounds, argues Michael Tholen, Director of Policy and Sustainability with Offshore Energies UK (OEUK).

Aviation

22/1/2025 News

Aviation industry plans for growth are ‘irreconcilable’ with Europe’s climate goals, says new study

Passenger air traffic from EU airports will more than double in 2050 compared to 2019, if projections by aircraft manufacturers Airbus and Boeing materialise, growth that is ‘irreconcilable’ with Europe’s climate goals. So finds a new study by Transport & Environment (T&E), which claims the region’s carbon budget could be depleted as early as 2026 as a result. Plus: SAF project investment is reviewed.

Greenhouse gases

Distant view of oil sand operations showing plant and cranes and vapour cloud from stack

13/11/2024 News

Canada introduces draft regulations to cap oil and gas emissions

The Canadian government has introduced draft regulations to cap greenhouse gas (GHG) emissions from the oil and gas sector. The proposed new cap-and-trade system aims to reduce emissions by 35% below 2019 levels.

Carbon emissions

Head and shoulders photo of Nicolas Endress, set against light grey background

5/5/2026 Comment / Nicolas Endress

Carbon now has a price at the border – most companies just don’t know theirs yet

Although the Carbon Border Adjustment Mechanism (CBAM) aims to price carbon, its implementation will initially price something else: data, writes Nicolas Endress, CEO, carbon data consultancy ClimEase.

Law and Legal practice

A group of people sitting at a table in a courtroom

20/11/2024 News

Shell wins appeal against court order to cut GHG emissions

Shell has won its appeal against a landmark 2021 court ruling that had ordered the company to reduce its absolute greenhouse gas (GHG) emissions by 45% by the end of 2030. Environmental organisations seeking to accelerate climate action through litigation decried the ruling, vowing to continue their efforts.

Methane

22/11/2023 News

EU aims to regulate methane emissions in Europe and global supply chains

A new European Union (EU) regulation aims to reduce energy sector methane emissions in Europe and in its global supply chains, obliging the oil, gas and coal industry to properly measure, monitor, report, verify and reduce methane emissions.

Oil and gas

29/11/2023 News

Oil and gas industry faces ‘moment of truth’ in energy transition

Producers of oil and gas must choose between contributing to a deepening climate crisis or becoming part of the solution as clean energy transitions advance, according to a new report from the International Energy Agency (IEA). And emphasis on carbon capture is called ‘an illusion’.

E&P

12/10/2022 News

UK launches new offshore licencing round while new report says North Sea oil and gas development is at odds with climate goals

The UK’s North Sea Transition Authority (NSTA) has launched a new offshore licensing round as part of government plans to boost security of energy supplies. However, a new report from Global Energy Monitor claims that emissions from new oil and gas development in the North Sea could contribute to the UK exceeding its carbon budget for 2023–2037 by a factor of two.

EI Statistical Review of World Energy

EI Member only

20/10/2026 Feature / Kinga Niemczyk,Gemma Fox

How does the global energy system work?

At first glance, the tables and charts covering every major fuel, region and country in the Energy Institute Statistical Review of World Energy can seem overwhelming. But a new free guide from the publisher introduces how energy is generated, consumed, stored and traded, as well as helping energy novices find and interpret information in its tables, write guide authors Kinga Niemczyk, Energy Institute Insight Analyst, and Gemma Fox, former Senior Energy Product Lead.

Net zero / decarbonisation / energy transition

Head and shoulders photo of Steve Hodgson, standing in front of blue door

25/2/2026 Comment / Steve Hodgson

Renewables and efficiency, yes, but fossil fuel use has to fall

What have 30 years observing the energy industry taught Steve Hodgson FEI, Editor-at-Large at New Energy World? That increasing green energy is not enough; the world also has to begin an exit from fossil fuels to prevent a climate catastrophe that has already started.

New Energy World™

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