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Mar 17, 2023
Shell reports good progress on journey to net-zero emissions
Policy News
Mar 7, 2023
The European Commission has adopted the Circular Economy Action Plan (CEAP), which was initially introduced in March 2020. It is one of the main building blocks of the European Green Deal, Europe’s agenda for sustainable growth. The transition to a circular economy is expected to support the efficient use of natural resources and create sustainable growth and jobs.... [Read More]

Policy News
Dec 19, 2022
INEOS Inovyn has published its second sustainability report outlining its steps to make the industry more sustainable. The company said it was doing this through its ‘four pillars’ - responsible production, carbon neutrality, circularity and value to society. With this report, INEOS Inovyn has further acknowledged its responsibility as a world leading PVC producer... [Read More]

Policy News
Nov 14, 2022
International Energy Agency executive director Fatih Birol addressed world leaders on the progress the world has made on clean energy and the challenges it still faces to meet its energy and climate goals. He delivered a keynote speech last week at the COP27 World Leaders Summit plenary session in Sharm El-Sheikh, Egypt, which was chaired by German Chancellor Olaf Scholz... [Read More]

Policy News
Sep 30, 2022
Neste’s board of directors has approved a merger plan where the company’s wholly-owned subsidiary Neste Engineering Solutions will be merged into Neste Corporation. The merger took place on 30 September and it will only affect the Finnish operations. The entire personnel, approximately 750 professionals, will transfer to Neste Corporation. Contractual rights and... [Read More]

Policy News
Sep 20, 2022
Topsoe has announced its commitment to reach net-zero emissions by 2040 - setting near-and long-term company-wide emission reduction targets. Through investment in renewable energy technology and changes to production processes, Topsoe aims to reduce operational emissions by 30% in 2024 and at least 95% in 2030, with a transition to 80% renewable power within all the... [Read More]

Policy News
Jul 28, 2022
Clariant announced its second quarter and first half year results where continuing operations sales were CHF $1.301 billion, compared to CHF $1.032 billion in the second quarter of last year. This corresponded to an increase of 29% in local currency, 25% of which was organic, and 26 % higher sales in Swiss francs. For the fifth sequential quarter, both pricing and... [Read More]

Policy News
May 26, 2022
ExxonMobil Corp shareholders have backed the energy company's energy transition strategy - voting against most proposals related to accelerating carbon emission cuts, Reuters reported. Major oil producers in the US and Europe faced less hostile investor votes tied to climate change this year compared to a year ago as energy security and rising fuel prices overshadowed... [Read More]

Policy News
May 10, 2022
The UK Government’s new energy bill should revolutionise the UK’s decentralised energy sector with the introduction of long-awaited regulation for heat networks and the establishment of a Future System Operator (FSO) to oversee electricity and gas markets, said the Association for Decentralised Energy (ADE). The Queen’s Speech has set out the Government’s policies... [Read More]

Policy News
May 4, 2022
bp intends to invest up to £18 billion (€21 billion) in the UK’s energy system by the end of 2030. The company said this demonstrated bp’s firm commitment to the UK, and helping the country to deliver on its bold ambitions to boost energy security and reach net-zero. As one of the largest oil and gas producers in the UK, bp intends to continue investing in... [Read More]

Policy News
Apr 7, 2022
Cleaner and more affordable energy is to be made in Great Britain under bold plans to boost long-term energy independence, security and prosperity. The UK government’s British Energy Security Strategy sets out how the country will accelerate the deployment of hydrogen, nuclear, wind and solar while supporting the production of domestic oil and gas in the nearer term... [Read More]

Policy News
Mar 31, 2022
Europe can cut its power sector gas consumption in half, reduce energy costs by €323 billion and increase energy independence by 2030 if it rapidly scales up its renewable capacity, according to a new report from Wärtsilä. To tackle the energy crisis and enable rapid decarbonisation, the technology company is calling on European leaders to implement a monumental... [Read More]

Policy News
Mar 25, 2022
The EU and the US have signed a liquified natural gas (LNG) deal in a bid to reduce reliance on Russian energy. The new agreement will see the US provide the EU with at least 15 billion additional cubic metres of LNG by the end of the year, the BBC reported. The bloc has already said it will cut Russian gas use in response to Russia's invasion of Ukraine. Russia currently... [Read More]

Policy News
Mar 24, 2022
The UK Chancellor Rishi Sunak outlined plans to remove VAT on energy saving materials and technologies which he announced in his Spring Statement. The Chancellor announced plans to scrap VAT on domestic energy saving measures including insulation, solar panels and heat pumps. Sunak confirmed that from April VAT is to be scrapped entirely on the installation of a range... [Read More]

Policy News
Mar 16, 2022
Global water technology company Xylem has announced that it will move its headquarters to Washington DC. Speaking about the relocation, Patrick Decker, president and CEO of Xylem, said, “Washington DC is an important global crossroads for the diverse set of stakeholders who work together towards solving water challenges around the world. “As a leading global water... [Read More]

Policy News
Mar 11, 2022
Grundfos has announced it is halting all of its production and sales activities across Russia following the invasion of Ukraine. This decision means that no products will be delivered in Russia, and no new orders will be accepted for the time being. Ukraine and Russia are both important markets for Grundfos. The Danish pump manufacturer has a sales company with 30... [Read More]

Policy News
Mar 9, 2022
Shell has announced its intention to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas and liquefied natural gas (LNG) in a phased manner. The oil and gascompany will also stop all spot purchases of Russian crude oil. It will also shut its service stations, aviation fuels and lubricants operations in Russia. Shell... [Read More]

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