Tag: gas

European Union Approves World’s Largest Green Stimulus

On Friday, EU lawmakers agreed to provide a €672 billion recovery fund boost for the EU economy. How green is it? Fairly green — 37 percent of the funding has to go to...

Release of Naftogaz’s Gas Key for Continuation of Gas Market Reforms in Ukraine

Ukraine has achieved significant milestones towards gas market liberalization and the development of a stable gas hub in the last years. However, certain elements remain that hinder full market liberalization and competition...

Energy Community Prepares to Tackle Gas Sector Methane Emissions

European Commission published the EU Methane Strategy to establish a harmonised framework to reduce methane emissions in the gas upstream, midstream, downstream as well as the coal sector and abandoned sites. The strategy...

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...

We Need a Total Fossil Fuel Lockdown for a Climate Revolution

Growth in renewable power has been impressive over the past five years. But too little is happening in heating, cooling and transport. Overall, global hunger for energy keeps increasing and eats up...

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...

How Fossil Fuel-Derived Pesticides and Plastics Harm Health, Biodiversity, and the Climate

A new commentary published in The Lancet Diabetes & Endocrinology shows how three global health threats - chemical pollution (including endocrine disrupting chemicals), loss of biodiversity and climate change - are more...

The COVID-19 Crisis Has a Profound Impact Also on the Energy Sector

In three reports published today, the Energy Community Secretariat assesses the current status of financial liquidity of the electricity sector; compiles information about support from International Financial Institutions and commercial banks; and measures...

Fossil Fuels Have Economically and Environmentally Friendly Alternatives – Heat Pumps

Winter came but even those who do not use coal, oil or gas for heating needn’t worry.According to the Institute for Energy Research, demand for fossil fuels, and especially gas, has skyrocketed...

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...

World’s Consumption of Materials Hits Record 100bn Tonnes a Year

The amount of material consumed by humanity has passed 100bn tonnes every year, a report has revealed, but the proportion being recycled is falling.The climate and wildlife emergencies are driven by the...

Global Use of Coal-Fired Electricity Set for Biggest Fall This Year

The world’s use of coal-fired electricity is on track for its biggest annual fall on record this year after more than four decades of near-uninterrupted growth that has stoked the global climate...

Offshore Windfarms ‘Can Provide More Electricity Than the World Needs’

Erecting wind turbines on the world’s best offshore sites could provide more than enough clean energy to meet global electricity demand, according to a report.A detailed study of the world’s coastlines has...

Australian Solar Could Power Singapore Within a Decade

When the 720 km power cable from Norway to the UK made landfall two years ago it was hailed as the longest in the world. Now a Singaporean renewable energy company has...

ABB Delivering Digital Solutions for China to Harness Maximum Heat from the Sun

ABB is supporting the Chinese government in its efforts to produce emissions-free electricity, delivering automation control solutions at the country’s first two concentrated solar power (CSP) plants.Building on the successful delivery of...

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...

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