As COP29 nears its close in Baku, UN Chief António Guterres called for a decisive, ambitious climate finance deal for developing nations.
Renewables are surging globally, yet fossil fuel phase-out has stalled, says a new report by Climate Change Performance Index (CCPI) released during COP29 in Baku.
The Global Climate and Health Alliance has slammed wealthy nations at COP29 saying they are blocking a climate finance deal. The coalition demands $1 trillion in grants to protect global health.
At COP29, Dutch deputy PM and climate minister Sophie Hermans announced that the UK, New Zealand, and Colombia have joined the coalition’s efforts to phase out fossil fuel incentives including subsidies.
Top leaders in the global gas industry gathered at Gastech described renewables as unreliable, and said that gas production and consumption would grow for several decades. But there were also some warnings from insiders that the industry’s confidence may be misplaced.
Gas Outlook will be reporting from Gastech, one of the largest global gatherings of the oil and gas industry, in Houston next week, at a time when the fate of the U.S. LNG sector is unclear.
Venture Global’s CP2 project, an enormous LNG project in southwest Louisiana, obtained a construction authorisation from federal regulators. But it will remain sidelined until Biden’s LNG “pause” is completed.
Nigeria Oil & Gas (NOG) Energy Week 2024 opens in Abuja later this month, at a time when questions are being asked about Nigeria’s LNG sector.
With gas demand in Europe in long-term decline, the EU has access to sufficient supplies in both the short and long-term. That means that contracts for additional LNG are not needed, and only increase stranded asset risk.
Nigeria's LNG expansion risks economic instability, stranded assets, and perpetuating fossil fuel dependency, according to a new report.
Renewable energy expanded by 50 percent last year, and explosive growth is expected to continue this decade, according to the IEA. The switch to renewables is still not happening fast enough, but the tripling of capacity by 2030 is possible.
A new study finds that adopting CCS across many polluting sectors would cost $30 trillion more than a low-CCS scenario. Experts say the fossil fuel industry’s preferred solution would be “highly economically damaging.”
Renewable energy capacity additions are set to increase by a record 107 GW year on year to reach 440 GW globally in 2023, an IEA report said.
The U.S. this decade will see the ascent of clean energy: NREL.
The UK is set to exceed its GHG emissions target for the period 2033-2037 by 37%, a conference in London heard Tuesday.
Oman's energy transition cannot happen without oil and gas still playing a role, delegates said at an Oman energy show this week.
There are still barriers to a full hydrogen value chain and economy taking off, delegates said at the Oman Petroleum and Energy Show.
Oman's energy transition will take longer than expected, a government official said on the opening day of the Oman Petroleum and Energy Show.
In the upcoming tender, Ancap will offer four blocks for companies to install renewable energy to make green hydrogen.
Renewable energy expanded by 50 percent last year, and explosive growth is expected to continue this decade, according to the IEA. The switch to renewables is still not happening fast enough, but the tripling of capacity by 2030 is possible.
U.N. Executive Secretary Simon Stiell urged countries to remove obstacles in the COP28 negotiations or “risk ruining the outcome for everyone.”
A new satellite, just launched into space by Carbon Mapper, can even detect methane leaks at specific pieces of equipment. Experts say it will bolster methane monitoring and may accelerate climate action.
The Supreme Court decision severely curtails the ability of federal agencies to regulate in areas of public health and the environment. Experts said the decision could ‘paralyse’ the ability to govern.
A new report commissioned by the Brazilian G20 presidency finds that a minimum ‘billionaire tax’ on the world’s wealthiest individuals could generate $250 billion annually.
California amended a lawsuit it filed against five western oil majors last year, hoping to seize “ill-gotten” gains from climate deception and cover-up.