With oil prices remaining low, the world's oil industry is facing bleak years ahead, writes Paul Brown. The global push to decarbonise the economy, combined with surging renewable energy and the trend to more efficient and electric vehicles, is denting investor confidence and pointing to the shrinking away of a once mighty and profitable industry.
… Oil industry's sunset years: low prices, … poor outlook Paul Brown | 15th May 2017 News Oil Economics Transport Fossil Fuels Climate Change oil-refinery-sunset-cut.jpg With oil prices …
The use and spread of palm oil is beyond imagination; from cooking and manufacturing to pharmaceuticals and drilling fluids, it is even in nanny's chocolate cake. Its global consumption may have increased more than any other good, but what does this entail for the farmers? The crisis in Edo State of Nigeria speaks for itself, reports BURAG GURDEN
… The palm oil crisis in Nigeria - and beyond Burag Gurden | 8th September 2017 News Palm Oil Nigeria Conservation Indigenous People 405220.jpg The use and spread of palm oil is beyond imagination; from cooking and …
The Indigenous Peoples of Standing Rock are by no means alone in their struggle for the recognition and preservation of their native lands: a very similar story of resistance against oil extraction is taking place further south, and has been going on for almost half a century, namely the fight of the Indigenous people of the Peruvian Amazon against oil pollution and oppression, writes biologist ARTHUR WYNS
… Report: The Indigenous Communities fighting oil companies in the Peruvian Amazon Arthur … a very similar story of resistance against oil extraction is taking place further south, … people of the Peruvian Amazon against oil pollution and oppression, writes biologist …
President Trump's recent executive order could open an area of America's most precious landscapes bigger than Yellowstone to oil drilling and coal mining, write Lawrence Carter & Joe Sandler Clarke. The 27 monuments 'under review' harbour huge volumes of oil, gas and coal: just what's needed to fuel Trump's vision of fossil fuel-led development - never mind the cost to scenery, wildlife, historic sites and indigenous cultures.
… order could open 2.7 million acres to oil, gas, coal Lawrence Carter Joe Sandler … | 12th May 2017 News USA Fossil Fuels Oil Gas Coal Climate Change Politics … landscapes bigger than Yellowstone to oil drilling and coal mining, write Lawrence …
A unique and pristine coral reef in the mouth of the Amazon is threatened by oil drilling planned by oil giants Total and BP, say the scientists who recently explored it. But the oil companies are determined to press ahead despite the risks, writes Lawrence Carter, and Brazil's environment ministry is set to give its approval.
… BP, Total oil drilling would endanger newly discovered … Carter Energydesk | 23rd February 2017 News Oil Energy Corporations Regulation Brazil … in the mouth of the Amazon is threatened by oil drilling planned by oil giants Total and …
The whole idea of North Sea oil was to make Britain rich, writes Simon Evans. At least that's how it all began. But now ... it cost UK taxpayers a massive £396 million a year in tax breaks and subsidies to keep the industry alive last year. And there's no reason to think that's going to turn around any time soon.
… North Sea oil industry cost UK taxpayers £400m last … Carbon Brief | 5th April 2017 News Energy Oil Climate Change Finance UK Scotland … graph-1.png The whole idea of North Sea oil was to make Britain rich, writes Simon …
Mexico's oil looks set to run out within a decade, writes Jeremy Leggett, and it can hardly rely on Trump's America to make up the difference. But Mexico enjoys abundant sunshine, and the cost of solar power generation is falling fast. Let Trump tie America's economy to debt-financed fossil fuels. Mexico's future prosperity will come from harnessing its inexhaustible solar riches.
… Mexico's expiring oil and Trump's wall: the future is solar … 11th May 2017 Comment Renewables Fossil Fuels Oil Energy Mexico USA nogales-border-mexico-cut.jpg Mexico's oil looks set to run out within a decade, …
A recently discovered peatland in northeast Peru contains two years worth of US carbon emissions, writes Joe Sandler Clarke, but it's under threat from the rapidly advancing 'palm oil frontier'. Now scientists are calling for the wetland's immediate protection - before it's too late to save it.
… protect vast Amazon peatland to avoid palm oil 'environmental disaster' Joe Sandler … under threat from the rapidly advancing 'palm oil frontier'. Now scientists are calling for … protected from the region's burgeoning palm oil sector if it is to avoid "environmental …
The sale of a slice of Saudi Aramco will be the biggest initial public offering (IPO) in human history. The Crown Prince believes his company is worth a total of $2 trillion. But investors must consider current low oil prices and climate mitigation policies when assessing value. BRENDAN MONTAGUE reports
… But investors must consider current low oil prices and climate mitigation policies … of international climate initiatives and low oil prices, according to a new report. Greg … Hannah McKinnon have authored a report for Oil Change International (OCI) titled …
Weeks after a major legal victory in London's High Court over oil-polluted communities in Nigeria, writes Joe Sandler Clarke, Shell has suffered a dramatic reversal of fortunes as Italian prosecutors charge the company, and Italy's Eni, on corruption charges over a $1.3 billion oil deal.
… Shell, Eni hit with Nigerian oil deal corruption charges Joe Sandler Clarke Energydesk | 13th February 2017 News Oil Corporations Crime Nigeria UK Italy … legal victory in London's High Court over oil-polluted communities in Nigeria, writes …
Thousands of small farmers were forced from their lands and homes by paramilitaries in Colombia's Santa Maria mountains, writes Paula Álvarez. But now as a welcome peace allows their return from involuntary exile, they find a new enemy that has come to stay - huge plantations of oil palm that have obliterated the mixed, patchwork landscape of small fields, villages, and swathes of forest on steep-sided hills that they used to inhabit.
… Palm oil engulfs Colombia's 'mountains of the … News The Land War Colombia Farming Land Grabs oil-palm-colombia-cut.jpg Thousands of small … that has come to stay - huge plantations of oil palm that have obliterated the mixed, …
A new report about to be released shows methane leaks from active and abandoned wells in British Columbia are more than twice as high as government estimates making them more polluting than commercial transportation, writes ANDREW NIKIFORUK
… One-Third of British Columbia's Oil and Gas Wells Are Leaking Significant … | 26th July 2017 News Fossil Fuels Gas Oil Methane Leaks Climate Pollution leaks … per cent of British Columbia's 11,000 active oil wells, abandoned wells and water injection …
We’re 55 million years too late for hydraulic fracturing to work in the UK, claims Professor John Underhill, the chief scientist at Heriot-Watt University. BRENDAN MONTAGUE reports
… Geology in Britain cannot support fracking for oil and gas, expert claims Brendan Montague | … 17th August 2017 News Fracking Climate Change Oil Gas Energy 24922672785_dd2bd3d601_b.jpg … on the environmental impact of this method of oil and gas extraction, the geology of the UK …
As we wait to learn whether (later today) Trump will pull the US out of the Paris Agreement, Remo Bebié of Finance Dialogue shares his briefing report of the what is being seen as growing demands that oil companies incorporate the international deal in their business models
… shareholders back resolution requiring the oil major to disclose the impact of climate … what is being seen as growing demands that oil companies incorporate the international … backed a resolution that requires the oil major to publish an annual assessment of …
The landmark trial sees senior Shell executives and CEO of Eni in the dock for billion dollar Nigerian oil deal. BRENDAN MONTAGUE reports
… Montague | 20th December 2017 News Shell Oil Industry Bribery Corruption … Eni in the dock for billion dollar Nigerian oil deal. BRENDAN MONTAGUE reports Shell and Italian oil giant Eni have been ordered to stand trial …
EU-Canada trade deal CETA, like its more well-known ‘evil twin' deal, TTIP, is a new form of trade deal which targets the removal of social, health and environmental regulations, locks in privatisation of public services and introduces a ‘corporate court' system so big business across North America can sue European governments in a private justice system. Worse still, CETA will worsen runaway climate change warns MARK DEARN
… CETA Climate Change Paris Agreement Tar Sands Oil Greenhouse Gases brussels parliament.jpg … change by bringing high-polluting tar sands oil into Europe . NASA scientist James Hansen warns that if tar sands oil is exploited as projected it will be " …
We may know that palm oil is wiping out rainforests worldwide, writes Philip Lymbery. But few realise that our factory farmed meat and dairy are contributing to the problem. As revealed in Philip's new book, 'Dead Zone: Where the Wild Things Were', palm kernels, left after pressing the fruit for oil, is a protein-rich livestock feed of growing importance. And nowhere is the impact greater than Sumatra, home (for now) to its own unique species of elephant.
… The oilpalm connection: is the Sumatran elephant … We may know that palm oil is wiping out rainforests worldwide, … kernels, left after pressing the fruit for oil, is a protein-rich livestock feed of … been driven chiefly by the expansion of palm-oil plantations. The demand for palm oil in …
The Queen Alexandra's Birdwing - or Ornithoptera alexandrae - is the world's largest and most spectacular butterfly. But it is under threat from encroaching agriculture and logging. BRENDAN MONTAGUE reports on a new initiative designed to save the beautiful insect from extinction
… themselves a mere fraction of the palm oil producing area around Popondetta in the … will be built at the New Britain Palm Oil Limited's Higaturu palm oil estate, which will be staffed by a …
Between 2011 and 2016 the UK's export finance agency UKEF provided £109m to underwrite exports of equipment to coal mines in Russia, writes Lawrence Carter - despite the agency's commitment not to support 'investment in dirty fossil-fuel energy production'. And that's just a fraction of the £6.9 billion UKEF has lavished on the corrupt, polluting sector since 2000, while it was meant to be backing the clean energy technologies of the future.
… Fuels Climate Change UK Russia Colombia oil-refinery-colombia-cut.jpg Between 2011 and … owned by Vladimir Putin's son-in-law; oil fields owned by Petrobras - Brazil's state-owned oil company - which has been at the heart of …
Information from Colombia's National Hydrocarbons Agency shows that at least 43 new fracking concessions have been handed out to multinational companies including Exxon Mobil, ConocoPhillips and Drummond. These concessions affect over three hundred municipalities, in the departments of Cesar, Santander, Boyacá, Cundinamarca and Tolima. SEBASTIAN ORDOñEZ and DANIEL MACMILLEN VOSKOBOYNIK report.
… fracturing) is a particular method of oil and gas extraction. It uses intense water, … Juan Carlos Echeverry, the President of state oil company Ecopetrol. With Colombia's conventional oil stocks dwindling, the promise of …
New Scientist Live at London's ExCel Centre is described by its organisers as 'a festival of ideas and discovery'. But the popular magazine has had a particularly bad idea already – the festival's sponsors, argues CLAIRE JAMES
… 2017 News Science Sponsors Sponsorship Oil Arms CAAT CCC Medact Art Not Oil 405411.jpg New Scientist Live at London's … One is an arms company (BAE Systems) embroiled in controversy about its trade deals …
Communities across Papua New Guinea oppose the theft of their land for logging and palm oil operations made possible by the corrupt practices of local officials and foreign companies.
FRÉDÉRIC MOUSSEAU reports
… Papua New Guniea Deforestation Logging Palm Oil Protest onourland_7.jpg Communities across … the theft of their land for logging and palm oil operations made possible by the corrupt … that has been devastated by logging and palm oil operations in recent years. Dozens of …
Hydraulic fracturing is still a ‘known unknown' in South Africa's ongoing energy debate. And whilst two weeks ago communities in the KwaZulu-Natal province made it clear they don't want fracking, President Jacob Zuma does. Jasper Finkeldey reports
… October 2017 News Fracking South Africa Gas Oil Shale Anti Fracking fracking south … surfaced in 2008 when three multinational oil and gas companies asked for permission to … phase could start in a matter of weeks. While oil and gas companies insist on the prospect …
Natural gas is meant to be a far lower carbon fuel than coal, writes Steve Horn. But a new study shows that methane leaks from gas power plants and oil refineries are 20-120 times higher than thought. And with methane a greenhouse gas almost 100 times stronger than CO2 over 20 years, the leaks are equivalent to about a tenth of the US's CO2 emissions.
… that methane leaks from gas power plants and oil refineries are 20-120 times higher than … Technology , the study also found that for oil refineries, emission rates were 11-90 … indicate that Natural Gas Power Plants and oil refineries may be large sources of CH 4 …