May 23, 2016
Exxon, Shell, Total, Statoil renew clean energy drive
Is green the new black? Faced by falling oil prices and plunging profits, big oil companies are investing in renewables and clean energy
Get unlimited access
By signing up for our Premium package, you can get unlimited access to everything on our site.
Or Register for Essential for free and get a selection of our top stories each week.
Sign up here today to start reading.
Or login below to unlock access if you already have an account.
Stories from the same category
- Oct 23, 2025
Japan uses “diplomatic muscle” to push carbon capture as fossil fuel panacea
Two regional summits led by Japan, with a major focus on carbon capture and storage in Asia-Pacific, have drawn criticism from climate campaigners - Oct 22, 2025
Is “hard-to-abate” really that hard – or is it a justification for delay?
Labelling heavy industry like steel as “hard-to-abate” has shaped policy and business action in ways that risk undermining global efforts to cut emissions - Oct 17, 2025
Countries must confront fossil fuels head-on in their NDCs
Other nations should follow the rare example set by Colombia and Vanuatu, whose climate plans contain explicit goals for cutting back on oil, gas and coal - Oct 15, 2025
Hydrogen beyond the hype: The green fuel’s narrow but crucial role in a decarbonized economy
Enthusiasm for green hydrogen may have faded amid high costs and supply issues – but it will be needed in sectors that cannot be easily electrified - Oct 14, 2025
How high-risk biofuels could sink a flagship climate law for global shipping
New rules on shipping fuel emissions must account for their indirect impacts on forests and food production, otherwise owners may rush to use soy and palm oil to power their vessels - Oct 8, 2025
Turkey’s new climate pledge would control emissions growth, not offer real cuts
The world’s 15th-largest emitter has made progress in boosting clean energy, but it could do much more to decarbonise
Other stories
Oct 23, 2025
Philippines storm victims to seek damages from Shell in “unprecedented” climate claim
The case is the first civil claim to directly link an oil firm’s climate impact to deaths and personal injury in the Global South, its backers say
Oct 23, 2025
EU must sharpen its industrial edge on the road to climate neutrality
Businesses across Europe are investing in the huge opportunities of a cleaner future economy. Their efforts must be supported – not stifled – by forthcoming EU legislation
Oct 23, 2025
Japan uses “diplomatic muscle” to push carbon capture as fossil fuel panacea
Two regional summits led by Japan, with a major focus on carbon capture and storage in Asia-Pacific, have drawn criticism from climate campaigners
Oct 22, 2025
Brazil hails World Bank decision to host forest fund ahead of COP30 launch
Brazil’s showcase forest protection proposal, the Tropical Forest Forever Facility (TFFF), is betting on financial markets to keep rainforests standing
Oct 22, 2025
Is “hard-to-abate” really that hard – or is it a justification for delay?
Labelling heavy industry like steel as “hard-to-abate” has shaped policy and business action in ways that risk undermining global efforts to cut emissions
Oct 21, 2025
Ahead of COP30, Brazil grants Petrobras a licence to drill for oil in Amazon region
Brazil has authorised Petrobras to explore for oil off the Amazon coast, a move campaigners say undermines global climate goals
Oct 21, 2025
COP30 needs an implementation forum, not another cover decision
The focus in Belém should be a plan to get results on climate action in the real world rather than haggling over a political statement
Oct 20, 2025
Global South campaigners question inclusivity of COP30 as some stay home
Civil society groups hoped to send large numbers to the UN climate talks in Brazil, but developing-country activists say it’s too expensive and they have received limited badges
Oct 17, 2025
US-led alliance wins a year’s delay in adoption of green shipping deal
The IMO’s Net-Zero Framework will be up for approval again in October 2026, after the US and Saudi Arabia persuaded countries not to vote on it as planned
Oct 17, 2025
Countries must confront fossil fuels head-on in their NDCs
Other nations should follow the rare example set by Colombia and Vanuatu, whose climate plans contain explicit goals for cutting back on oil, gas and coal