Category:Oil

Oil and Gas Industry Needs to Step Up Climate Efforts Now

Oil and gas companies are facing a critical challenge as the world increasingly shifts towards clean energy transitions. Fossil fuels drive the companies’ near-term returns, but failure to address growing calls to...

Harmony Fuels Provides First Ever Carbon Neutral Heating Oil and Propane Products for Residential Customers from Maryland to Maine

New Division of Shipley Energy to Provide Unique Heating Options for Eco-Conscious Residents of the Northeast and Beyond YORK, Penn.--(BUSINESS WIRE)--#carbonneutral--Shipley Energy today announced a new division, Harmony Fuels, that will provide the...

Campaigners Try Again to Stop Norway Drilling for Oil in Arctic

Climate campaigners are taking Norway’s government back to court to oppose its plans to open the Arctic for oil drilling despite a public commitment to tackle the environmental crisis.Greenpeace Nordic and Norway’s...

Oil Market Report: Economic Woes Hold Sway Over Geopolitics

While geopolitical tensions in the Middle East Gulf remain high, with US sanctions recently extended to more Iranian officials and a Chinese oil importer, as well as another tanker seizure, oil prices...

IEA Launches New Tool for Tracking Oil and Gas-Related Methane Emissions Worldwide

The International Energy Agency has launched a new online tool that tracks oil and gas-related sources of methane, a major and often overlooked greenhouse gas. The new “methane tracker” offers the most...

Canada Declares Climate Emergency, then Approves Pipeline Expansion

Trudeau doesn't seem to understand what 'climate emergency' means. Canadian Prime Minister Justin Trudeau is riding a rollercoaster of public opinion these days. Many Canadians were pleased with the House of Commons' declaration...

Study on 14-Year-Old Disaster Finds Oil Still Leaking into Sea

It's been more than 14 years since Hurricane Ivan made landfall on the Gulf Coast of the United States as a Category 3 storm, with wind speeds approaching 200 kilometers per hour...

Norway Approves Extension to Giant Oil Field

Authorities in Norway have formally approved the development and operation of the second phase of the giant Johan Sverdrup oil field. Developer Equinor says the extension to the field, with planned start-up in...

Cambridge University Agrees to Explore Fossil Fuel Divestment Plan

The former archbishop of Canterbury Rowan Williams has welcomed an “urgent change” by Cambridge University, after it agreed to provide fully costed plans setting out how it could divest multibillion-pound endowments from...

UK Offshore Oil and Gas Production up by a Fifth over past Five Years

UK offshore oil and gas production has increased by a fifth over the past five years, following 14 years of decline.That’s according to a new report from Oil and Gas UK (OGUK),...

Could US Overtake Saudi Arabia as World’s Top Oil Exporter?

The US will start exporting more oil than Russia and could potentially overtake Saudi Arabia as the world’s top exporter in the next five years.The forecast from the International Energy Agency (IEA)...

Mysterious Oil Spill on Massachusetts’ Charles River Spurs Major Emergency Response

An oil spill on Massachusetts' Charles River drew a major emergency response Wednesday night, as several fire trucks and emergency vehicles, including a hazmat team, raced to help with the cleanup, 7 News Boston WHDH...

Great Lakes ‘at Risk’ from Plan to Replace Aging Enbridge Pipelines, Environmentalists Argue

The state of Michigan and Canadian pipeline company Enbridge announced a deal Wednesday to replace controversial aging pipelines that environmental groups worried put Lakes Michigan and Huron at risk for an oil spill, The Detroit Free Press reported. Under...

Oil and Gas Giants Agree Target to Cut Methane Emissions

They aim to reduce emissions from upstream operations to below 0.25% by 2025. Thirteen of the world’s biggest oil and gas companies have agreed a first collective target to reduce methane emissions.They have announced a goal...

50% of Industrial Climate Change Emissions Tied to Fossil Fuel Companies

The Rocky Mountain Institute recently released a report titled Decarbonization Pathways for Mines: A Headlamp in the Darkness, in which it was stated that in 2015, half of worldwide industrial greenhouse gas...

Church of England Threatens to Withdraw Investment from Oil and Gas

The Church of England has voted in favour of withdrawing investment from companies that aren’t doing enough to tackle climate change. The General Synod, the decision-making body for the Church, said it broadly...
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