Fossil Fuels

Cambridge University

Cambridge University halt to fossil fuel funding despite green energy shift

The move comes as experts warn of a growing “reputational risk” for institutions like Cambridge University if they collaborate with oil and gas companies.

Ecopetrol

Arpel-Naturgas Week: Pursuit of Venezuelan gas won’t breach sanctions, says Ecopetrol

Future imports from Venezuela align with the Colombian government’s strategy, the chief executive of Ecopetrol told conference delegates.

Arpel

Arpel-Naturgas Week: Colombia pivots to Venezuelan gas despite offshore bounty

An announcement this week at the Arpel-Naturgas conference in Cartagena suggests that the administration of Colombian President Gustavo Petro is putting more emphasis on Venezuelan gas than domestic alternatives.

South China Sea

China thwarts Vietnam’s gas production targets in South China Sea

Beijing’s actions in the South China Sea could derail Vietnam’s national energy plan, which aims to more than double electricity generation capacity.

energy shortages

South Africa turns to gas to ease energy shortages

Several natural gas projects are under development in South Africa as the country seeks to ease energy shortages and reduce its dependence on coal, but there are calls for more renewables to be added to the energy mix.

Asia renewables

SE Asian renewables gains offset by continued gas build-out

Lack of progress in breaking ground on new projects, coupled with a challenging regulatory environment for Asian renewables, is hindering the region’s progress, the report said.

Trafigura, Greenergy deal opens up biofuels, road fuels synergies

The Trafigura-Greenergy deal highlights the growing importance of biofuels in the UK and European landscape, experts said.

energy charter treaty

UK leaves Energy Charter Treaty but risk of litigation remains

The UK government said in February that the country will leave the Energy Charter Treaty (ECT) after the failure of efforts to align it with net zero, joining nine EU Member States including France, Spain and the Netherlands.

Methane emissions from oil and gas 3x higher than official estimates: new study

Researchers recorded nearly 1 million measurements across major U.S. oil and gas production sites, and found methane emissions far higher than U.S. EPA data suggests.

Gulf of Thailand oil and gas exploration faces stubborn hurdles

Thailand and Cambodia are discussing joint Gulf of Thailand oil and gas exploration, but territorial disputes still pose a challenge.

Shell Nigeria

Shell Nigeria divestment raises environmental, legal concerns

Shell has sold its Nigerian subsidiary to a local consortium for $2.4 billion, exiting onshore, prompting experts to raise environmental and legal concerns.

Indonesia energy

Indonesia election to determine its energy transition future

Whoever wins the Indonesian election this month will have his plate full dealing with energy prices, regulation and the energy transition.

CETP

Norway, Australia join CETP to end public fossil fuel finance

Australia and Norway announced at the COP28 summit earlier this month that they were joining the Clean Energy Transition Partnership (CETP), but concerns over signatories’ missing targets remain.

COP28

Oil kingdom COP28: the gamble that paid off?

When delegates gathered in Dubai just a fortnight ago for the opening of COP28, the chances of progress seemed slim, but these oil state climate talks delivered a transition away from fossil fuels that no previous COP managed to achieve.

COP28

COP28 ends with call to “transition away from fossil fuels”

The final COP28 document marks a historic first: an explicit call to end the era of fossil fuels. But experts say the text also includes weak language and loopholes.