Oil and Gas
Indian oil majors prepare for electric vehicle boom
As India aims to go to 100% EVs by 2030, oil producers are considering investment in lithium-ion battery production
Carbon tangle: Norway must put oil ventures to a ‘climate test’
Norway has some of the most ambitious emissions policies in the world, but is opening oil fields that cannot pay back in a safe climate future, says SEI’s Peter Erickson
Exxon Mobil shareholders renew call for 2C climate analysis
New York State and the Church of England lead investors worth US$4trn in campaign for US oil major to disclose climate risks
Climate ignored as Exxon Mobil takes earnings hit
US supermajor’s profits have halved since last year, on a $2bn write-down of gas assets, but executives still don’t mention climate risk
BP’s energy outlook: reality check or PR bullshit?
Energy companies predict a dangerous climate future of high oil demand, but they persistently underestimate clean energy
BP revises oil forecasts amid climate policy surge
Oil giant predicts bright future for renewables, revises down China’s coal demand and admits oil use will be challenged by electric vehicles
Exxon has ‘excellent future’ in Russia says ex-energy chief
Former Putin minister and CEO of Rosneft says renewed cooperation with US would open up “massive investment” in Arctic oil and gas
Waste gas flared by oil industry rising, warns World Bank
Natural gas flaring at oil sites around the world is on the up, cutting the industry’s costs but damaging the climate
Oil majors’ climate plan gets hostile reception
Latest strategy from 10 of world’s hydrocarbon giants shows they see gas dominating the energy mix for decades to come
Paris climate deal will not kill fossil fuels, says ex-Saudi oil chief
Influential former oil and climate envoy says solar is the future but predicts strong growth prospects for oil and gas sector, despite climate policies
Exxon CEO: world needs oil of five Saudi Arabias by 2040
Rex Tillerson tells industry event oil and gas companies will thrive in coming decades despite climate policies
OPEC and UN climate body signal closer ties
Bloc of oil-exporting countries agrees on a need for economic diversification, in light of the Paris climate deal
Norway minister urged to halt Arctic oil drilling
Greenpeace, Sierra Club and Alaska Wilderness League are among NGOs calling on Tord Lien to cancel licences, on climate grounds
BP withdraws from Great Australian Bight oil race
Conservationists claim victory for people power, but a depressed oil price was central to BP’s decision to end the controversial exploration project
Is it time for Norway to stop looking for oil?
Nordic country does not need to keep exploiting fossil fuels, argues Paul Ekins, and should leave remaining carbon budget to others
Named and shamed: the top funds blocking climate action
Some of the world’s biggest funds are not living up to their responsible investment rhetoric, AODP analysis of ExxonMobil investors reveals
Paris climate deal needs fossil fuel giants to ‘implode’
Research shows that a “controlled implosion” of the fossil fuel industry and a technological explosion of renewable energy are needed to meet climate targets
Sustained cheap oil likely to hurt global climate plans
Low oil prices “considerably” hinder transition to greener energy, say IIASA and World Bank analysts, while sustained high prices would give a boost
As OPEC seals fragile peace, world ramps up clean energy goals
While world’s oil leaders bicker over market share, government in US, EU and developing world eye growing collaboration on green energy technologies
Saudi oil transition to take ‘decades’ says minister
Don’t expect a rapid Saudi decarbonisation as oil demand will remain high, Khalid al-Falih tells reporters at OPEC meeting