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.
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…
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…
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…
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…
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.
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…
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 #…
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…
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,…
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…
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…
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…
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…
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…
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