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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...
ExxonMobil Signs Deal to Explore 28,000 sq km in Offshore Namibia
ExxonMobil has signed a deal for new oil and gas exploration across 28,000 square kilometres in Namibia.The energy giant made the agreement with the Namibian Government and the National Petroleum Corporation of...
Planned $4.9tn Oil and Gas Investment ‘Not Compatible with Climate Goals’
A planned investment of $4.9 trillion (£3.8tn) in new oil and gas exploration and extraction over the next decade is incompatible with international climate obligations.That’s according to new analysis by Global Witness,...
Shell to Invest $300m to Offset Carbon Emissions
Royal Dutch Shell has committed to invest $300 million (£230m) over the next three years in projects that help offset carbon emissions.It will fund large-scale forest projects in Indonesia, Peru and the...
Coal Prices Continue to Rise, Becoming More Costly Than Solar and Wind Alternatives
Around three-quarters of US coal production is now more expensive than solar and wind energy in providing electricity to American households, according to a new study.“Even without major policy shift we will...
IEA: Global Carbon Emissions Hit Record High in 2018
Global energy-related carbon dioxide (CO2) emissions hit a new record last year, with an increase of 1.7% globally.That was a result of higher energy consumption, which grew by 2.3% – nearly twice...
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)...
Japan Struggles to Relocate Fukushima Nuclear Waste
Japan is struggling to find a resting place for soil contaminated in the 2011 Fukushima Daiichi nuclear meltdown.In the years after the disaster, thousands of workers starting removing soil, debris and other...
Finland Approves 2029 Coal Ban For Energy Use
Finland has brought forward its coal phase-out date by one year, according to reports, with the new deadline set for May 1, 2029, after which coal will be banned from use as...
Scientists Can Now Turn Atmospheric CO2 Back into Coal
Through burning vast amounts of fossil fuels over the decades, we’ve pumped so much CO2 into the atmosphere that even if we had stopped burning any more at all, the planet’s climate...
Decarbonisation ‘Could Leave Fossil-Fuel Economies Stranded’
Global decarbonisation could turn fossil fuel-reliant economies into ‘stranded nations’ unable to unlock the value of carbon-based assets and infrastructure.
These are the findings of a new World Economic Forum study, which shows...
Could Moon Mining Mission Be the Key to Sustainable Rocket Fuel?
A mission to mine on the moon could be the key to creating sustainable rocket fuel.That’s the verdict from the European Space Agency (ESA) and the ArianeGroup, which have signed a one-year...
Australia Rejects New Coal Mine on Environmental Grounds
An Australian court has rejected plans for a new coal mine on environmental grounds.In a landmark ruling for the coal-dependent nation, Chief Justice Brian Preston said the proposed facility in New South...
US ‘to Export More Energy Than It Imports by 2020’
The US is expected to export more energy than it imports by 2020 for the first time since the 1950s.That’s according to the Energy Information Administration (EIA), which suggests that is likely...
