
Woodside axes $5bn transition target as low-carbon demand fails commercial test
Woodside has abandoned targets to invest $5bn in new energy products and sanction projects providing 5m tonnes a year of emissions-abatement

Woodside has abandoned targets to invest $5bn in new energy products and sanction projects providing 5m tonnes a year of emissions-abatement

Consultations on Jackdaw and Rosebank closed on 10 and 17 August respectively, but ministers have set no timetable for a decision.

A typical small industrial or commercial site now faces about £638,500 for a 12-month electricity contract and £1.15 million for gas.

City Hall says climate damage could reach 3% of London’s economy by the 2050s without additional adaptation. High temperatures already cost

Energy UK and HeatNIC want an additional £1bn of public support between 2027 and 2030 to unlock £5bn of projects. They

The Oil Sands Alliance expects a Pathways final investment decision in late 2027 or early 2028. The first stage would capture

Germany’s July ground-mounted solar auction attracted 3.17 GW of bids for 2.14 GW of available capacity. Successful bids averaged €47.90/MWh, down

OpenAI has signed a 20-year lease for approximately 8 GW of IT capacity at the PORTS-Pike campus. Nvidia’s $105bn commitment is

Santander UK has provided approximately £42.7 million of project finance facilities for Econergy’s 80 MW / 240 MWh Immingham battery. EDF

Genel Energy has rejected a possible 69p-a-share offer from DNO that values the company at approximately £202 million. Ratio Petroleum has





