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Aker Solutions has successfully installed an autonomous drone system on Aker BP’s Edvard Grieg platform in the North Sea, enabling frequent, remote inspections from shore. the Edvard Grieg platform, offshore North Sea The company recently completed the first offshore beyond-visual-line-of-sight (BVLOS) drone operation, piloted from its onshore control center in Stavanger. The inspection flight was carried out using an installed drone on Aker BP’s Edvard Grieg platform.  The drone is equipped with autonomous navigation capabilities and advanced sensors, collecting high-resolution imagery and data during its inspection rounds. The flight marks a major step toward fully autonomous offshore inspections.…

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Canada’s Alberta province is facing one of its worst early-season wildfire crises in recent memory, with industry officials confirming on Monday that over 50% of the province’s oil production has been forced offline as flames sweep through critical infrastructure zones. The shutdown equates to roughly 1.3 million barrels per day, sending shockwaves through global energy markets, Bloomberg reported. Seven key oil producers have scaled back or halted operations entirely. The fires have triggered evacuations in production hubs including Fort McMurray, echoing the catastrophic 2016 wildfires that paralyzed Canada’s energy heartland.The Alberta government has yet to issue formal production impact numbers, but officials…

Crude oil prices were trading up nearly 4% on Monday afternoon, with analysts attributing the spike to escalating geopolitical tensions, and the aftermath of a massive Ukrainian drone strike on four Russian military airports overnight.  Overnight, Ukrainian drone attacks targeted Russia’s Kursk and Voronezh regions, igniting fires in residential buildings, causing significant disruptions to highway traffic and reportedly destroying over 40 aircraft in the process. Russian defense officials reported intercepting a total of 162 drones, with 57 downed over the Kursk region alone. These strikes are part of a broader Ukrainian strategy to exert pressure deep within Russian territory. On Monday, June…

Energy from waste: 40-hectare Essex greenhouse will use heat from incinerated household rubbish to grow tomatoes. Boost to UK food security: The site aims to produce 6% of UK tomatoes and potentially reshore 8% of current imports. Climate benefits and regulatory risks: The project could cut landfill emissions by 20%, but may face challenges under biodiversity net gain rules. Pioneering Project in Essex Set to Power Tomatoes with Household Waste A 40-hectare low-carbon greenhouse complex powered by household waste is set to open in Essex by 2027, marking a major step toward greener food production in the UK. Backed by…

Africa Carbon Support Facility (ACSF) unveiled as a game-changing initiative to de-risk and scale carbon investments across the continent. Financial institutions called to lead in shaping a robust carbon market ecosystem, embedding climate finance into national strategies. Equity and local impact emphasized, with a focus on directing carbon revenues back into African communities. Africa is positioning itself as a frontrunner in global carbon markets, with the launch of the Africa Carbon Support Facility (ACSF) at the African Development Bank Group’s high-level dialogue on De-risking and Scaling Carbon Market Investments in Africa, held alongside the Bank’s 2025 Annual Meetings in Abidjan,…

Jennifer A. Dlouhy, Bloomberg June 02, 2025 (Bloomberg) — The Trump administration is moving to repeal Biden-era curbs blocking oil drilling across most of the mammoth petroleum reserve in Alaska that’s home to an estimated 8.7 billion barrels of recoverable oil. Interior Secretary Doug Burgum announced the planned policy shift late Sunday at a town hall in Utqiagvik, a village on the Chukchi Sea coast, as he and fellow members of President Donald Trump’s cabinet visit Alaska to promote energy development in the region. The measure would open up new opportunities for…

The honeymoon period for TikTok Shop is over.For years, TikTok sent organic traffic to videos from US merchants to help jump-start interest in its e-commerce business. But now, product sellers generally have to pay for TikTok ads in order to get significant views on their videos, three company partners and two TikTok staffers said. The drift away from free views began last year, but has really picked up in 2025, these people said.The shift has been painful for some small businesses that were drawn to TikTok because it was a low-cost sales tool. A key part of the company’s pitch…

Majority Pivot: 80% of companies are reworking ESG strategies amid changing political and regulatory landscapes. Communication Overhaul: Over half are shifting language, with many dropping the term “ESG” entirely. Backlash Intensifies: 90% foresee continued or increasing resistance—especially toward climate commitments. Amid regulatory shifts and growing political scrutiny, 80% of major corporations are actively revising their ESG strategies, according to a new report from The Conference Board. The primary response? Messaging. 52% of sustainability executives report reworking their sustainability communications, with many stepping away from the term “ESG” altogether. “Recent policy shifts have turned up the heat on ESG, which had…

Jennifer A. Dlouhy, Bloomberg June 02, 2025 (Bloomberg) — The Trump administration is moving to repeal Biden-era curbs blocking oil drilling across most of the mammoth petroleum reserve in Alaska that’s home to an estimated 8.7 billion barrels of recoverable oil. Interior Secretary Doug Burgum announced the planned policy shift late Sunday at a town hall in Utqiagvik, a village on the Chukchi Sea coast, as he and fellow members of President Donald Trump’s cabinet visit Alaska to promote energy development in the region. The measure would open up new opportunities for…