Quotes from the news wire:
It would be somewhat foolhardy to put ourselves in a legal bind by saying these are the targets we will adopt, before we put ourselves at the mercy of a legal challenge, I want to make sure we are doing the right thing first.
Found on Reuters 1 year ago
Environment
It is more sensible to say we will go faster than society, we will catch up with society on its way to meeting Paris, it is a very clear ambition, we will articulate this ambitions in steps as we go along the way. We will be totally transparent.
Found on Reuters 1 year ago
Environment
You have to believe us that setting an ambition, sticking my neck out, my personal reputation, the reputation of the company, is a big enough incentive to get it right.
Found on Reuters 1 year ago
Environment
Nobody else comes close, it is seriously ambitious.
Found on Reuters 1 year ago
Environment
The reputation of our company is irrevocably linked to targets... Nobody can see how the energy transition will play out over this period.
Found on Reuters 1 year ago
Environment
We'll be aligned with society's progress but we will not be tied to an approach that potentially moves too quickly or too slowly to this transition.
Found on Reuters 1 year ago
Environment
It will take an unprecedented amount of effort to bring about a net zero emissions future, if collectively we find a way to stay within the 2 degree (Celsius limit), we will still need significant investment in oil and gas...I am talking about up to a trillion dollars every year.
Found on Reuters 3 years ago
Company News
We cannot do it overnight (transition to renewables) because it could mean the end of the company.
Found on Reuters 3 years ago
Company News
We can not burn all the hydrocarbon resources we have on the planet in an unmitigated way and not expect to have a CO2 loading in the atmosphere that is often being linked to the 2C scenario.
Found on Reuters 4 years ago
Company News
The divest campaign, or Keep it in the Ground or the carbon bubble, ignore reality that 80 percent of the investment in the industry has to be done just to stand still to arrest decline. It is a red herring, it is a very seductive argument and that is why it catches on, but it is a red herring.
Found on Reuters 4 years ago
Company News
The contract that we have with Fos, the maritime contractor that we have there, the lease that they have in terminal 5 we think they are legally valid and indeed have tested it and are ready to move ahead with putting the Polar Pioneer (rig) there, loading it out so it is ready for its journey to Alaska, we have not seen, apart from the protests, any legal obstacles for us to do that.
Found on Reuters 4 years ago
Environment
The theory also ignores the reality of our industry and as a matter of fact it actually risks distraction from the real issues around energy transition needs, if there will be no further investments in oil production, the gap between supply and demand could be 70 million barrels per day by 2040 ... we will need sustained and substantial investment just to meet the demand to fuel economic growth especially in the developing world.
Found on Reuters 4 years ago
Environment
What can we as an industry do to help clear the way for a more informed debate? In the past we thought it was better to keep a low profile on the issue. I understand that tactic, but in the end it's not a good tactic.
Found on Reuters 5 years ago
Environment
You cannot talk credibly about lowering emissions globally if, for example, you are slow to acknowledge climate change; if you undermine calls for an effective carbon price; and if you always descend into the 'jobs versus environment' argument in the public debate.
Found on Reuters 5 years ago
Environment
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