Big Oil photograph

Big Oil

Use attributes for filter !
Initial release date2005
Publishers East Entertainment Media GmbH
DevelopersDartmoor Softworks GmbH & Co. KG
Drago Entertainment
Platforms Microsoft Windows
Date of Reg.
Date of Upd.
ID2091746
Send edit request

About Big Oil


Toxic gas putting millions at risk in Middle East, BBC finds

Toxic gas putting millions at risk in Middle East, BBC finds
Nov 27,2023 9:41 pm

... Big Oil companies and states in the Middle East are violating the human rights of millions of people by failing to tackle air pollution from fossil fuels...

Inflation: Car insurance 'shock' as premiums rise 40%

Inflation: Car insurance 'shock' as premiums rise 40%
Jul 19,2023 4:51 am

... " Whereas the Big Oil companies or the energy companies, they re invisible to people...

Why are BP, Shell, and other oil giants making so much money right now?

Why are BP, Shell, and other oil giants making so much money right now?
Feb 11,2023 9:41 pm

...By Ben KingBusiness reporter, BBC NewsThe Big Oil companies - from the UK-based BP and Shell to international giants such as ExxonMobil and Norway s Equinor - have been announcing astonishing profit figures...

BP profit jump sparks calls for bigger windfall tax

BP profit jump sparks calls for bigger windfall tax
Nov 1,2022 8:00 am

... All the Big Oil firms, including Total and Exxon Mobil, have announced bumper profits in the past week...

Labour looks more united as conference gets going

Labour looks more united as conference gets going
Sep 30,2022 2:10 am

... The government has abolished the top, additional 45p rate of tax and scrapped limits on bankers bonuses, while Labour has called for Big Oil and gas companies to cough up more cash to prevent energy prices rising further...

'Critical mass' of polluters setting carbon targets

'Critical mass' of polluters setting carbon targets
May 12,2022 3:05 am

... Big Oil firms are relying on unproven technologies, a think tank said...

Energy firm windfall tax has not been ruled out

Energy firm windfall tax has not been ruled out
May 11,2022 4:30 pm

...A windfall tax on Big Oil and gas companies to help tackle the soaring cost of living has not been ruled out, sources close to the chancellor say...

Oil bosses vow to boost output and deny profiteering

Oil bosses vow to boost output and deny profiteering
Apr 6,2022 10:40 pm

... " At a time of record profits, Big Oil is refusing to increase production to provide the American people some much needed relief at the gas pump, " said Rep...

'Critical mass' of polluters setting carbon targets

Mar 11,2022 6:17 pm

The Number of big polluters setting targets to cut CO2 emissions has reached a " Critical Mass " a UN-backed report has said.

But firms in Asia, Africa and Latin America are lagging behind Europe, the US and Japan, the Science-Based Targets Initiative said.

Separately, a report cast doubt on whether oil companies can all deliver carbon cuts they've promised.

Big Oil firms are relying on unproven technologies, a Think Tank said.

'Critical Mass '

The Science-Based Targets Initiative advises firms on How To set emissions reduction targets In Line with climate science.

It says targets have now been adopted by More Than 2,000 firms worth $38tn across 70 countries in 15 industries.

The authors say That in The Most polluting sectors a Critical Mass of firms (27%) has joined the initiative.

They believe this could prove a Tipping Point , as the polluting giants influence actions across the whole supply chain.

More Than half the companies setting targets are in the G7 rich nations, but there are also participants from China, India, Brazil, South Korea and South Africa .

Canada and Italy are lagging behind, The Report says. And Africa and Asia need more participants.

The document says:

'Unproven technology'

A separate report today urged caution over oil companies' targets.

The Think Tank Carbon Tracker said That oil and gas firms are basing their emissions goals on either selling polluting assets or on unproven or controversial technologies.

These include carbon capture and storage (Ccs ) - or carbon offsetting which can include trees being planted to compensate for industrial emissions.

Carbon Tracker says investors should ask whether companies' targets are not just ambitious but also credible.

The author, Mike Coffin, said: " Emissions mitigation technologies pose a huge risk to investors and the climate because most, such as Ccs , are at an early stage of development, and solutions involving tree-planting require vast areas of land.

" Costs will be enormous and it is not clear whether they will be technically feasible or economically viable. "

The Report ranks oil and gas firms. It says:

However, the oil giant said That it " has long acknowledged the reality and risks of Climate Change , and it has devoted significant resources to addressing those risks".

" We have announced our ambition to achieve net zero Greenhouse Gas emissions for operated assets by 2050. As part of That , We Are developing detailed emission-reduction roadmaps for major facilities and assets, " it said.

A Met Office report This Week said new global record temperatures are expected again in The Next few years.



Source of news: bbc.com

Related Persons

Next Profile ❯