COP28

COP28 energy pledge stops short of tackling burning of fossil fuels

At COP28 in Dubai, 50 oil and gas companies pledged to stop contributing to greenhouse gas emissions by 2050.

COP28

UAE oil deal plans cast shadow over COP28

Documents leaked to the BBC showed that the UAE’s COP28 team had plans to discuss oil and gas deals with 15 countries.

COP28

EU methane deal ups pressure on global leaders at COP28

A landmark EU deal this week to impose methane emissions limits on oil and gas imports into Europe should spur global action at COP28.

lng in europe

Ramp-up of LNG in Europe a health risk

The residents of the Spanish town of Ferrol have lived for years in the shadow of an LNG terminal, but a growing body of research suggests such infrastructure poses a health risk to communities like theirs – which should serve as a wake-up call as we brace ourselves for major build-out of LNG in Europe.

spain green hydrogen

Spanish oil major Repsol frees up cash for green investment

Repsol said the flow of cash will help its strategic goal of investing 35% of its capital expenditure, or 5.5 billion euros, in low carbon projects in the 2021-2025 period.

Oil majors drag feet on renewables despite bumper profits

Most of the capex rises that have been announced this year will go to hydrocarbon rather than renewables investments.

Oil and gas majors’ climate plans under scrutiny

Even burning just the oil, gas, and coal in existing fields and mines would far exceed the carbon budget for a 50% chance of staying below 1.5°C warming, a new report has found.

Biden breaks campaign promise with federal lands lease sale

Constrained by a court decision, the Biden administration said it would auction off land for new oil and gas drilling. But climate activists see the move as backtracking on climate progress

Japan’s net zero plans need rethink, say critics

Japan is considering its nuclear future to help reach its 2050 net zero goals, but opponents still point to safety concerns. Renewable projects, despite a lack of available land mass, remain a viable long-term alternative.

Ukraine war, prices jeopardize Thai climate goals

The Ukraine war and its impact on global energy prices is creating headwinds for Thailand and its climate goals.