Articles tagged with "#Fossil Fuels"

المقالات الموسومة بـ "#Fossil Fuels"

Australia gas

Australia gas debate re-heats on BP purchase

BP is to acquire Shell’s 27% stake in the offshore Browse gas project, reigniting divisions in Australia’s gas sector.

G7 nations

G7 nations issue support for gas as “temporary” solution

Climate activists blasted a communique from the G7 nations, which issued qualified support for investment in more gas supplies.

fossil fuels litigation

UK at high risk of fossil fuels litigation: experts

The UK Continental Shelf is at risk of significant fossil fuels litigation, due to a mismatch between promises and reality on net zero goals, conference delegates heard this week.

Faith Birol

“Moment of truth” for oil and gas industry – IEA’s Faith Birol

The head of the International Energy Agency Faith Birol said that the oil and gas industry needs to slash emissions from its operations and show that it is serious at the COP28 summit.

bangladesh oil

Bangladesh oil tariff spike lures firms to solar

Higher Bangladesh oil and other fossil fuel tariffs are leading to greater installation of rooftop solar systems.

fossil fuel phaseout

COP28 fossil fuel phaseout in doubt despite G7 talks

Energy ministers of G7 countries agreed last month to accelerate a global fossil fuels phaseout, although they didn’t set a clear timeframe to achieve it.

US drilling

Low gas prices force U.S. drilling slowdown

A 75 percent decline in natural gas prices since last year’s peak has the U.S. drilling industry bracing for a slowdown.

IEA report

U.S. renewables beats fossil fuels on cost of energy

A cost-of-energy analysis of different sources of electricity generation shows that solar, wind, and batteries offer some of the cheapest sources of power on offer. Still, there are challenges slowing faster deployment.

oil major shares

Viral divestment pledges tank gas, oil major shares

Announcements of divestments that go viral on social media have a disproportionate impact on carbon intensive firms by causing oil major shares to tank.

The Net Zero Asset Owner Alliance

UK offshore oil and gas cuts up exposure to imports

Some remain critical of proposals to promote domestic production of UK offshore oil and gas to meet energy needs.

palermo aike

The race is on: Argentina’s frontier drilling at Palermo Aike

By the end of 2023, state-run YPF plans to drill one or two horizontal wells in the new shale play Palermo Aike, targeting 6.6 billion barrels of recoverable oil resources.

gas flaring

Gas flaring declined by 3 percent in 2022 – World Bank

A slight reduction in the volumes of gas flared last year offers some small measure of progress, the World Bank said in a new report. However, much deeper reductions are needed.

IPCC fossil fuels

IPCC: fossil fuels phase-out is urgently needed

In its latest report, the IPCC said that greenhouse gas emissions need to halve by the end of the decade to avoid catastrophic warming. That means slashing the production and consumption of fossil fuels.

LNG in asia

India and fossil fuels: pushed out by tax, pricing policies

India and fossil fuels, once a promising mix, are now being edged out by renewables as new government policies are resulting in companies either scrapping or delaying oil and gas projects.

can bad air quality cause anxiety

Can bad air quality cause anxiety, asks new study

A new joint study by UK and Chinese researchers asks: can bad air quality cause anxiety and other mental health problems?

cancer alley louisiana

“Cancer Alley”: Louisiana petchems target Black communities

The global plastics and petrochemical industry wants to build toxic facilities in Black communities. But residents of “Cancer Alley,” Louisiana, are fighting back.

IGU

Global IGU gas lobbying tries to weaken climate action

The International Gas Union (IGU), a prominent international gas trade association, has been trying to position gas as a “green” solution in an effort to forestall climate policies, documents show.

methane emissions iea

China greenhouse gas trajectory key to global energy transition

China has been the world’s main source of greenhouse gas emissions growth over the past two decades, according to a new report by the Centre for Research on Energy and Clean Air.

false solutions to climate change

Heavy fossil fuel presence at COP27 climate talks

False solutions to climate change promoted by the oil and gas industry feature heavily on this year’s agenda.

colombia oil and gas

Colombia braces for oil and gas phase-out decision

The oil and gas industry in Colombia is on tenterhooks as the government decides whether to allow new exploration contracts or not, as it moves away from fossil fuels.