Apart from a bit of wishful thinking from a veteran oil and gas financier in Calgary, the North American fossil industry is being devastated by the combination of low oil prices and plummeting demand…
Usually it’s the world’s major oil-producing countries that step in when a big drop in prices roils the oil market. But these are not normal times.
On Friday, a day after the Organization of the…
Add U.S. coal to the list of industries threatened by the novel coronavirus.
Part of its problem is conditions that precede the pandemic. U.S. coal plants are an aging bunch. Weak electricity demand…
Bulls are banking on the kingdom this week, but its future role could be far more disruptive.
Saudi Arabia is having a regular week: Facing off against Russia, taking phone calls from the U.S.…
The oil industry saw its opening and moved with breathtaking speed to take advantage of this moment
I'm going to tell you the single worst story I’ve heard in these past few horrid months, a story…
In 1961, when I was 14, working on a science fair project, my father – a geologist and petroleum engineer – explained oil depletion to me. To grow production, oil companies were drilling deeper and…
The 130-km-grid is slated to be completed in late 2022 to provide chemical and refinery clients with hydrogen.
Oil major BP, German utility RWE, chemicals producer Evonik and gas grid operators have…
IRENA Director-General Francesco La Camera expressed his feelings toward the current market situation noting that the oil market volatility is unlikely to have a significant impact on renewable…
With Saudi Arabia and Russia pumping flooding the market with oil as coronavirus threatens demand, oil prices have crashed below the $30 mark. It is a price crash that could have profound…
Big Oil had just announced overhauled long-term strategies to soothe investor concerns about climate change and become part of the solution in the energy transition—and then came the big oil price…
Climate action groups and progressive critics expressed disappointment and outrage on Friday afternoon after President Donald Trump — despite a continued failure to offer far-reaching support to the…
Oil companies have set long term carbon emissions targets but the scale of their ambitions means near-term action is required
Like New Year’s resolutions, oil companies are promising to go on…
The oil-rich Middle East is boosting investments in renewable energy generation at home and abroad.
Watch the video here.
Just a few years ago, this notion would have raised a few eyebrows. But…
With a bushfire calamity devastating Australia, the world’s “riskiest” and “most dangerous” glacier melting at an accelerating rate, and assorted other climate impacts worsening around the world, the…
Lake Kivu in Rwanda contains 300 billion cubic metres of carbon dioxide and 60 billion cubic metres of methane.
The gases are now being removed from the lake through the KivaWatt project with the…
Study indicates human fossil methane emissions have been underestimated by up to 40%.
The oil and gas industry has had a far worse impact on the climate than previously believed, according to a…
RBS has announced they will be ending coal, oil and gas funding to support the climate emergency.
The Royal Bank of Scotland (RBS) has announced they will be withdrawing support from non-net zero…
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