Europe’s carbon capture and storage plans falling behind schedule
June 12, 2026
IOGP Europe data shows that cancellations and postponements have cut the announced CO₂ storage pipeline from 43 Mtpa to 35 Mtpa
Fossil Fuels
Brussels plans carbon market overhaul to keep industry on board
June 12, 2026
A draft European Commission document proposes to extend free emissions allowances for heavy industries that invest in decarbonisation and maintain production
Energy security, electrification and the ocean: A trio of global inflection points
June 12, 2026
OPEC production collapse: OPEC’s oil output fell to 20.04 million barrels per day in April, its lowest level since at least
Solar trumps coal in US power mix for first time despite Trump’s revival attempts
June 11, 2026
Solar generated 12.8% of US electricity in May, overtaking coal at 12.2% for the first time on a monthly basis, according
Denmark backs €2.5 billion carbon capture subsidy for Aalborg Portland
June 10, 2026
Denmark has signed a 16.5 billion crown (~€2.2 bn or £1.9 bn) contract with cement producer Aalborg Portland to subsidise carbon capture and storage (CCS)
UK invests £50 million in Somerset flood resilience amid record rainfall
June 10, 2026
The UK government has announced a £50 m package to bolster flood defences in Somerset after the county experienced its second‑wettest January
BP’s new organisational structure – a return to upstream and downstream
June 10, 2026
BP will reorganise into two main business units – upstream and downstream – under new chief executive Meg O’Neill. The change reverses
Aviation’s 2050 net-zero target slips from difficult to doubtful as SAF gap widens
June 9, 2026
Airline leaders say aviation is unlikely to meet its 2050 net-zero target on the current trajectory, with IATA director general Willie
EU plans to tax electricity less than gas to spur electrification and ease bills
June 9, 2026
A draft Commission proposal would require all EU member states to tax electricity at a lower rate than natural gas. This
Trump invokes Cold War legislation to subsidise coal plants and export terminal
June 5, 2026
President Donald Trump is using Cold War‑era emergency powers to steer roughly $425 million toward upgrades of 13 coal‑fired power plants and
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