Oil and Gas
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
Exxon, Chevron won’t budge on climate – so what happens next?
Shareholder activists are ready to help Rex Tillerson and John Watson understand climate risk, if only they’ll listen
Norway awards new Arctic oil licences days after drilling pledge
US and Nordic states agree new measures to regulate Arctic oil and gas drilling, but little sign exploitation will slow
Shell unveils vision of 2C-compatible energy future
Oil major publishes analysis on global warming goal for the first time, warning it relies on ‘optimistic’ assumptions
Pension holders petition funds on Exxon, Chevron climate resolutions
Members have urged more than a thousand pension funds to back climate resolutions at oil company AGMs this month
Embrace 2C climate target to boost value, oil majors told
Limiting exploration in line with climate goals makes financial sense, says Carbon Tracker ahead of ExxonMobil, Chevron AGMs
Shareholder pressure mounts on downgraded ExxonMobil
Aviva among latest investors to declare support for climate change resolution at next month’s AGM
Panama papers reveal how oil wealth goes offshore
NEWS: Top officials and ministers from Saudi Arabia, Venezuela and Nigeria named in mass data leak
Saudi Arabia: By 2035 we won’t depend on oil
NEWS: Investments, not crude, will bankroll government in twenty years, says deputy crown prince as he plots sale of state oil company Aramco
Exxon Mobil must give shareholders climate vote, regulator rules
NEWS: US oil major, alleged to have lied about the risks of global warming, has been ordered to consider shareholder resolution at next AGM
BP, Shell acknowledge rising climate risk to business model
NEWS: Oil giants raise concerns Paris climate pact will lead to tougher rules, laws and penalties on fossil fuel industry – but predict demand for oil and gas will soar
Wind, solar to thrive despite low oil prices, say experts
ANALYSIS: Crashing hydrocarbon prices are helping consumers and hurting exporters, but won’t halt momentum for clean energy investment
Oil majors vague on climate plans post Paris deal
ANALYSIS: BP, Shell, Statoil and Repsol say they’re supportive of plans to avoid dangerous warming, but show little sign of deviating from primary business plan
Oil lobby prepares to sway US presidential race
NEWS: American Petroleum Institute chief Jack Gerard backs ‘voter education campaign’ that emphasises role of fossil fuels, slashing clean energy regulations
California massive methane leak by numbers
BLOG: A bust SoCal well in Aliso Canyon is spewing natural gas into the air, in the biggest point source of pollution in the state
Obama urged to block future Arctic oil drilling
NEWS: Five-year offshore oil plan set for approval later this year, which a future president would find hard to overturn
Nigeria budget signals shift away from oil dependence
NEWS: African oil exporter must rebalance its economy, president Muhammadu Buhari argues in 2016 budget speech
Oil majors climate declaration avoids targets, carbon pricing
NEWS: Saudi Aramco, Shell, Total and seven other companies voice support for 2C warming limit, but lack concrete plans
Can we trust Shell’s ‘Energy Transitions Commission’?
COMMENT: An industry inspired effort to muddy the waters or a real push to develop a low carbon future? The jury is out
ExxonMobil boss warns against tougher climate regulations
NEWS: Global warming risks “serious” says Rex Tillerson, but innovation not regulation is answer to soaring greenhouse gas emissions