Oil and Gas
Ocean fire raises questions about US support for Mexico’s oil and gas industry
US export credit agency Exim bank has provided $16.14 billion in loans and guarantees to Pemex since 1998, with recent funds going to the site of the fire
Norway eyes expansion of oil and gas industry under policy proposal
The government wants to hand out more exploration licences – ignoring modelling that shows fossil fuel expansion must end now to meet global climate goals
Shell faces Dutch court in case testing how Paris climate goals apply to businesses
Climate campaigners say Shell is violating human rights by continuing to invest billions in fossil fuels, calling for a much faster shift to clean energy
EU considers crackdown on methane leaks from imported oil and gas
An EU methane emissions standard would put pressure on suppliers like Russia and Algeria to stop polluting gas leaks and venting, but proposals lack detail
Seven countries back Africa’s biggest investment, a $20 billion gas project
US, Japan and the UK are among the backers of a scheme to exploit Mozambique’s gas reserves, despite climate, security and human rights concerns
Gas curse: Mozambique’s multi-billion dollar gamble on LNG
A vast gas discovery promises riches for the people of Mozambique, but it can only pay off in a dangerously overheated world
This oil crash is not like the others
The coronavirus lockdown has dealt a savage blow to Big Oil, at a time fears of climate breakdown call the whole basis of our energy system into question
Greenpeace takes Arctic oil lawsuit to Norway’s supreme court
After losing at two lower courts, campaigners are taking the fight to ban new oil exploration licences to the top, where it will be heard by all 19 justices
Oslo court backs Arctic oil exploration in defeat for environmentalists
Greenpeace says it will appeal to the Supreme Court, arguing oil exploration violates Norway’s constitutional guarantees of a healthy environment
What is the real cost of cheap Russian gas?
Few people in the West think about the ethics of buying fossil fuels from Vladimir Putin’s Russia
Saudi Aramco says climate lawsuits ‘could result in substantial costs’
The world’s largest oil producer made more money than Apple and Alphabet combined last year, but the company sees litigation and clean tech as threats
Saudi Aramco dismisses peak oil demand ‘hype’, touts carbon efficiency
Amin H Nasser, head of the world’s largest oil company, expressed fears key stakeholders saw no future for the industry, at a major conference in London
Alberta’s oil production cut shows the Keystone XL protest worked
Widely dismissed as a symbolic victory in 2015, the blocking of a major pipeline project has forced Canada’s oil patch to limit its output, vindicating activists
UK tells fracking industry it won’t relax rules on earth tremors
The Conservative government has long backed shale gas exploration, but denied industry calls to loosen ‘unworkable’ limits on seismic activity
Climate Weekly: Trudeau’s climate pact breaks down
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Pope Francis tells oil chiefs to keep it in the ground
At a conference in the Vatican, the head of the Catholic Church urged heads of Exxon Mobil, Eni and BP to make a faster shift to clean energy
Canada oil pipeline buyout ‘subsidising a market failure’
Nationalisation of Kinder Morgan’s Trans Mountain pipeline breaches a G7 commitment to phase out fossil fuel subsidies, say analysts, ahead of leaders summit
Investors have made oil majors consider safe climate limits. What next?
Even holdout Exxon Mobil has analysed what holding global warming to 2C means for its business. Now the sector needs to invest – or divest – accordingly
Other countries ‘highly unlikely’ to replicate US shale gas boom, says UN report
Fracking transformed US energy production, but Europe and the rest of the world will struggle to repeat the trick, finds global report
EU energy chief flies to Tehran to talk gas supply, as US sanctions loom
As companies withdraw from deals involving Iran, fearing US sanctions, the EU scrambles to preserve growing energy cooperation