oil industry

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15 07 2019 | 15:50

Thai Oil Giant Boosts Renewables Funding Over 'Uncertain' Crude Outlook.

Thai energy conglomerate PTT Pcl is boosting investments in electricity generation, particularly renewables, given what it says is a “highly uncertain” outlook for oil over the next year.

03 07 2019 | 13:56

We have too many fossil-fuel power plants to meet climate goals.

The fossil-fuel burning power plants, factories, vehicles, and buildings we've already built will, if operated normally over their full lifetimes, almost certainly warm the Earth more than the Paris…

01 07 2019 | 09:28

A Family Divesting From Fossil Fuels To Invest In A Green Future.

Oil and gas companies have been up for a bumpy ride as more investment funds divest from fossil fuels. It is not only institutional investors such as the Norwegian sovereign fund doing so, but also…

18 06 2019 | 07:31

China Is Eating Our Lunch, & What We Can Do About It.

This is a followup to my article “China Is Eating Our Lunch While We Watch.” Once again, here is a Dilbert comic to start.

18 06 2019 | 07:22

Tanzania and Zambia to build US $1.5bn oil pipeline.

Tanzania and Zambia are set to construct an oil pipeline running from Tanzania’s commercial capital Dar Es Salaam to the Zambian mining city of Ndola at a cost of US $1.5bn. Tanzania Energy Minister…

10 06 2019 | 09:40

'Why replace dolphins with oil drilling?': the battle for Greece's marine life.

Before the giants of oil and gas joined the litany of threats facing Greek sperm whales, the plight of the world’s largest-toothed animal was little known. Like the Hellenic trench, which was…

10 06 2019 | 09:35

It’s Time to Stop Calling Natural Gas a ‘Bridge Fuel’ to a Safe Climate, Says New Report.

Natural gas, marketed for years as a “bridge fuel” to cleaner energy sources, cannot be part of any climate solution, according to a new report from Oil Change International.

31 05 2019 | 16:19

End of an era: Norway’s sovereign wealth fund divests from oil and gas.

With Norway’s Government Pension Fund Global’s cessation of investment into oil and gas exploration and production came some questions for the sector and those countries reliant on a profitable…

31 05 2019 | 11:27

Africa Oil & Power 2019: How energy will generate jobs, economic growth in Africa.

CAPE TOWN – The Department of Energy’s flagship Africa Oil & Power (AOP) conference returns to Cape Town on October 9 to 11, with 20+ petroleum and power ministers to speak on the theme #…

30 05 2019 | 15:03

Zimbabwe increases fuel prices as economic crisis deepens.

The latest fuel price increase comes four months after similar rise triggered protests and deadly security crackdown. Zimbabwe has announced a fresh increase in fuel prices, four months after a…

22 05 2019 | 12:24

Forget the hype. Here’s the state of clean energy in 6 charts.

The world isn’t putting its money where its mouth is to fight climate change.

17 05 2019 | 12:44

Renewable Energy: NIMASA prepares for Nigeria beyond crude oil – Dakuku.

The Nigerian Maritime Administration and Safety Agency, NIMASA, has emphasised its readiness to develop policies that will see to a smooth transition from the regime of intense wet cargo operations,…

14 05 2019 | 12:08

Just 100 companies are responsible for more than 70% of the world’s greenhouse gas emissions since 1988.

“The earth is not dying, it is being killed, and those who are killing it have names and addresses.” – Utah Phillips

12 05 2019 | 11:18

Fossil Subsidies Hit A ‘Staggering’ $5.7 Trillion In 2017.

Global fossil fuel subsidies were expected to total US$5.7 trillion in 2017, and U.S. subsidies in 2015 exceeded the country’s profligate military spending, according to analysis released earlier…

19 04 2019 | 14:54

Investment Houses See Climate Targets Undercutting Fossils, Warming Above 2.0°C Boosting Financial Risk.

Continued fossil industry development came under increased pressure from investors over the last week, with a major fund manager concluding that climate targets could undercut global oil demand by…

19 04 2019 | 12:30

Fossils ‘Surprised And Disappointed’ As Norway Turns Against Lofoten Islands Oil Drilling.

Fossils ‘Surprised And Disappointed’ As Norway Turns Against Lofoten Islands Oil Drilling

17 04 2019 | 13:33

Vienna Energy Transition Forum, Vienna, June 6 - 7, 2019.

Convened by the Institute of Energy for SE Europe (IENE) in partnership with Energy Center Europe (ECE) Hilton Vienna Plaza Hotel, June 6-7, 2019

10 04 2019 | 10:40

ExxonMobil faces EU Parliament ban after no show at climate hearing.

ExxonMobil faces losing its lobby privileges at the European Parliament after the company failed to show up for the first hearing into climate change denial. EURACTIV’s media partner The Guardian…

10 04 2019 | 07:19

Big oil’s ‘double speak’ on climate exposed in new report.

The world’s five largest listed oil and gas companies have spent more than $1 billion touting their climate credentials since the Paris Agreement was signed, whilst lobbying to protect and expand…

02 04 2019 | 13:13

New Energy Tech Is Hot Among Billionaires.

Billionaires are spending more on renewable energy, storage, and battery technology. A group of them even set up a US$1-billion fund, Breakthrough Energy Ventures, to encourage research in these…