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Oil Market Report Highlights – March 2022

The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary...

The Joint Technical Committee Meets to Review Oil Market Conditions

The Joint Technical Committee (JTC) of the Declaration of Cooperation (DoC) held its 60th Meeting today via videoconference to examine the latest developments in the global oil market. The OPEC Secretary General, HE...

How People Power Helped Saved the Argentine Sea From Oil Companies

Greenpeace Argentina had started the year with bad news: the Argentine State had divided up the Argentine Sea in favour of the interests of the oil industry by approving the project of...

Plastic Planet: How Tiny Plastic Particles are Polluting our Soil

The millions of tons of plastic swirling around the world’s oceans have garnered a lot of media attention recently. But plastic pollution arguably poses a bigger threat to the plants and animals...

How Plastic is Infiltrating the World’s Soils

The images are sobering: dead sea birds and choking turtles caught in the plastic that is increasingly flooding into marine ecosystems. In many parts of the world, this type of plastic pollution has...

Oil & Gas Execs Are Struggling To Attract Investors And Blaming Clean Energy

The Federal Reserve Bank of Dallas has released its Q2 2021 Energy Survey, and one thing is clear: oil and gas companies are struggling to find investors. The new report included special questions about...

A year after the Norilsk disaster, where are Russia’s oil risks and what needs to be done?

Almost everyone in Russia has heard about the Norilsk accident. In May 2020, more than 20 thousand tonnes of diesel fuel seeped into the soil and water on the Taymyr peninsula in...

IEA Calls on Companies, Governments and Regulators to Take Urgent Action to Cut Methane Emissions From Oil and Gas Sector

Drop in methane emissions from oil and gas industry in 2020 due mainly to lower production rather than prevention of leaks, says IEA as it releases new ‘how-to’ guide for policy makers...

Offshore Oil and Gas on the Gulf Coast: Mitigating Risks with Data

In 2016, the US offshore oil and natural gas industries—which are heavily concentrated in the Gulf of Mexico— contributed 315,000 jobs and USD 30 billion to the US economy. These industries are...

Soil Pollution a Risk to Our Health and Food Security

Each year, the world marks World Soil Day on 5 December to raise awareness about the growing challenges in soil management and soil biodiversity loss, and encourage governments, communities and individuals around...

Seismic Blasting By Oil & Gas Industry In Atlantic Ocean Halting On November 30

In rare good news, the federal permits that allow fossil fuel companies to use deafening airguns — which harm many marine species — will expire on November 30 and not be renewed. A...

Farmers Could Substantially Boost Productivity by Conserving Soil Biodiversity – IUCN Report

Gland, Switzerland (IUCN) – By increasing the biodiversity of soils through sustainable practices, farmers could deliver substantial benefits for food and water security as well as climate change mitigation and adaptation, according to...

Oil Spill in Mauritius Calls for More Efforts to Safeguard Coral Reef Ecosystems

On July 25, 2020, a Japanese cargo ship struck a reef on the southeast coast of Mauritius, leaking tons of oil into coral reefs, pristine turquoise water lagoons and unique ecosystems of...

BP to Cut Oil Production 40% by 2030, and Invest Billions Into Green Energy

bp today introduces a new strategy that will reshape its business as it pivots from being an international oil company focused on producing resources to an integrated energy company focused on delivering...

The Oil & Gas Industry Doesn’t Have a Bright Future

The oil and gas industry has been in a recession, effectively since the global financial crisis 11 years ago. Each year, production volumes have increased by more than global demand, meaning that...

Will the Historic Decisions Bring the Oil Industry Back From the Brink?

The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary...

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