Climate Risk

Already scarred by climate change, southwest Louisiana is on the frontlines of the rush to build new LNG.

Security operatives set ablaze a vessel with 800,000 litres of stolen Nigerian crude oil, sparking environmental concerns.

One of Australia’s largest banks, the Macquarie Group, has been criticised for its investments in oil and gas producing assets.

With climate disasters ravaging much of North America, the world’s largest LNG conference took place in Vancouver in mid-July. Some protested as gas companies announced deals to expand LNG.

The massive gas export facility Rio Grande LNG includes the largest greenfield project financing deal in U.S. history, but the export terminal threatens the Texas coast and will lock in climate pollution for years to come.

Following the launch of the Dangote Refinery, aimed at making Nigeria become a petroleum exporter, experts have raised concerns over possible drawbacks on net zero goals and its environmental impact on residents.

As insurance companies withdraw from disaster-prone areas, a Senate Committee sent a sharply-worded letter to seven insurance companies, accusing them of insuring fossil fuel projects and contributing to climate risk and a crisis that is now putting financial pressure on their own industry.

Debt negotiations resulted in the approval of the Mountain Valley Pipeline, an unusual move that shows a “failure of governance” and “a lack of integrity in the whole process,” according to critics.

A campaign to pressure major companies worldwide to reveal their environmental impact says that 1,600 companies, including ExxonMobil and Saudi Aramco, are still not disclosing enough info to investors.

Southern Chile’s green hydrogen development has exposed the challenges in harmonising new energy sources with local communities and fauna.

The electrification movement gains momentum with a new regional ban on gas appliances, but toxic gas stove pollution remains a health and climate hazard.

Despite chronic air pollution and equipment malfunctions from an LNG terminal in Cameron Parish, more projects are moving forward.

While much of the Texas coast is inundated with oil and gas infrastructure, the southern coast remains largely untouched by heavy industry. That could change with big plans for Texas LNG export terminals.

A new report finds that two large Louisiana LNG export facilities are flaring constantly and under-reporting their emissions. At the same time, many more projects are on the drawing board.

Is a new UK LNG partnership with the U.S. worth the paper it is written on?