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SLB Acquires Majority Stake in Aker Carbon Capture for $380 Million

SLB Acquires Majority Stake in Aker Carbon Capture for $380 Million

Energy services and technology company SLB announced today an agreement to acquire a majority stake in carbon capture technology company Aker Carbon Capture for $380 million, and form a new carbon capture joint venture, in a deal the companies said is aimed at supporting industrial decarbonization at scale. Spun out of energy services company Aker Solutions in 2020, Norway-based Aker…

Oil and Gas Sector “Alarmingly Unprepared” for Transition

A joint TPI-CA100 assessment has found underwhelming progress on corporate climate disclosures and transition efforts.  European and North American oil and gas majors are underperforming on key climate-related performance measures used by investor members of the Climate Action 100+ (CA100+) engagement initiative.  The assessment and analysis, which were conducted by the Transition Pathway Initiative (TPI) against the Net Zero Standard…

Oil and Gas Sector “Alarmingly Unprepared” for Transition

A joint TPI-CA100 assessment has found underwhelming progress on corporate climate disclosures and transition efforts.  European and North American oil and gas majors are underperforming on key climate-related performance measures used by investor members of the Climate Action 100+ (CA100+) engagement initiative.  The assessment and analysis, which were conducted by the Transition Pathway Initiative (TPI) against the Net Zero Standard…

Oil and Gas Sector “Alarmingly Unprepared” for Transition

A joint TPI-CA100 assessment has found underwhelming progress on corporate climate disclosures and transition efforts among leading firms.  European and North American oil and gas majors are underperforming on key climate-related performance measures used by investor members of the Climate Action 100+ (CA100+) engagement initiative.  The assessment and analysis, which were conducted by the Transition Pathway Initiative (TPI) against the…

Oil and Gas Sector “Alarmingly Unprepared” for Transition

A joint TPI-CA100 assessment has found underwhelming progress on corporate climate disclosures and transition efforts.  European and North American oil and gas majors are underperforming on key climate-related performance measures used by investor members of the Climate Action 100+ (CA100+) engagement initiative.  The assessment and analysis, which were conducted by the Transition Pathway Initiative (TPI) against the Net Zero Standard…

Oil and Gas Sector “Alarmingly Unprepared” for Transition

A joint TPI-CA100 assessment has found underwhelming progress on corporate climate disclosures and transition efforts.  European and North American oil and gas majors are underperforming on key climate-related performance measures used by investor members of the Climate Action 100+ (CA100+) engagement initiative.  The assessment and analysis, which were conducted by the Transition Pathway Initiative (TPI) against the Net Zero Standard…

Oil and Gas Sector “Alarmingly Unprepared” for Transition

A joint TPI-CA100 assessment has found underwhelming progress on corporate climate disclosures and transition efforts.  European and North American oil and gas majors are underperforming on key climate-related performance measures used by investor members of the Climate Action 100+ (CA100+) engagement initiative.  The assessment and analysis, which were conducted by the Transition Pathway Initiative (TPI) against the Net Zero Standard…

Oil and Gas “Alarmingly Unprepared” for Transition

A joint TPI-CA100 assessment has found underwhelming progress on corporate climate disclosures and transition efforts.  European and North American oil and gas majors are underperforming on key climate-related performance measures used by investor members of the Climate Action 100+ (CA100+) engagement initiative.  The assessment and analysis, which were conducted by the Transition Pathway Initiative (TPI) against the Net Zero Standard…

Oil and Gas Sector “Alarmingly Unprepared” for Transition

A joint TPI-CA100 assessment has found underwhelming progress on corporate climate disclosures and transition efforts.  European and North American oil and gas majors are underperforming on key climate-related performance measures used by investor members of the Climate Action 100+ (CA100+) engagement initiative.  The assessment and analysis, which were conducted by the Transition Pathway Initiative (TPI) against the Net Zero Standard…

Oil and Gas Sector “Alarmingly Unprepared” for Transition

A joint TPI-CA100 assessment has found underwhelming progress on corporate climate disclosures and transition efforts.  European and North American oil and gas majors are underperforming on key climate-related performance measures used by investor members of the Climate Action 100+ (CA100+) engagement initiative.  The assessment and analysis, which were conducted by the Transition Pathway Initiative (TPI) against the Net Zero Standard…