Pace of progress raises hope that fossil fuel companies could lose their domination.
The world’s rising reliance on fossil fuels may come to an end decades earlier than the most polluting companies…
New York’s attorney general is about to square off against the oil giant in court.
The New York attorney general’s office will take its case against Exxon Mobil to trial on Tuesday, arguing that one…
Fossil-fuel subsidies are environmentally harmful, costly, and distortive. After a 3 years downward trend between 2013 and 2016, government support for fossil fuel production and use has risen again…
Ambitious plans have not been matched by progress, but there may finally be signs of change.
It was the largest renewables project ever announced: $200bn (£158bn) worth of solar panels stretching…
Exclusive: analysis reveals lenders provided $700bn to expand sector since Paris climate pact.
The world’s largest investment banks have provided more than $700bn of financing for the fossil fuel…
Bloomberg just published another stark reminder of the shifting landscape for energy generation – fossil fuels have a limited time as viable sources of energy. And I’m not talking about saving the…
Washington — Renewable energy will displace petroleum as the most-used global energy source in the late 2040s, but oil demand is not expected to peak before 2050, the US Energy Information…
Over the weekend, attacks on Saudi Arabian oil facilities sent shock waves through the global energy network. Ten drones disrupted production at two installations that together account for 5 percent…
Amid growing international calls for the burning of fossil fuels to be made a crime against humanity, South Africans have been reminded how much public and private funds still prop up carbon…
Oil production costs will have to come way down to be competitive with renewables a decade from now, a new study says.
The age of gasoline could be over sooner than many people think, a recent…
Greenpeace climate activists climbed Houston's Fred Hartman Bridge hours ahead of the Democratic debate on Thursday to shut down shipping traffic and call for a shift to renewable energy.
Greenpeace…
In the vast air-conditioned halls of an Abu Dhabi conference centre, the world's much-vaunted transition to clean energy is the buzzword in sessions of a top industry gathering.
But many executives…
Milestone further underscores downward trend in the oil and gas sector
August 30, 2019 (IEEFA U.S.) ‒ ExxonMobil is no longer in the Top Ten of the Standard & Poor’s 500 Index, according to S…
All major stakeholders in the oil industry need oil prices to be higher than the current $60 a barrel Brent Crude to turn profits or balance government budgets.
Yet, in the long term, oil prices at…
With oil use in cars expected to peak in the mid-2020s, oil companies are seeking shelter in petrochemicals – and plastics – where demand is still going strong. However, even that notion is now being…
The fossil-fuel lobby is threatened by public concern over the climate crisis. So it’s buying influence to get the results it wants.
The tragedy of our times is that the gathering collapse of our…
Wind and solar power can produce seven times more useful energy for cars, dollar for dollar, than gasoline with oil prices near current levels, according to BNP Paribas SA.
Oil will have to fall to…
Despite the rapid growth of renewable energy over the past decade, fossil fuels still dominate global energy consumption -- providing for 85% of global energy needs in 2018, according to BP's…
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