An “alarming” new report setting out the impact of climate change on the planet should spell the end for oil and gas, according to a senior international figure.
Pinpointing which stage of grief the UK oil and gas supply chain currently sits at it is complicated.
BHP Group is considering getting out of oil and gas in a multibillion-dollar exit that would accelerate its retreat from fossil fuels, according to people familiar with the matter.
Australia will challenge a court ruling that orders the government to consider climate change impacts from a planned coal mine expansion, a decision seen as clouding the prospects for any new fossil fuels projects.
India’s richest man, Mukesh Ambani, who has run one of the world’s largest petroleum businesses for over two decades, yesterday announced that his company Reliance Industries, will invest 750 billion rupees ($10 billion) towards clean energy solutions over the next three years.
The Asian Development Bank (ADB) will no longer finance new coal-fired power capacity, as well as oil and gas exploration and production, it announced in a draft policy statement on Friday.
Natural gas is falling out of favor with emissions-wary investors and utilities at a quicker pace than coal did, catching some power generators unaware and potentially leaving them stuck with billions of dollars of assets they can’t sell.
China’s first road map to achieving net zero emissions by 2060 may be too slow to stop the world’s biggest polluter from hastening global warming.
Australia, Japan and Vietnam are leading the shift to renewable energy in Asia Pacific, according to the latest research from IHS Markit. Significantly, coal and gas power plants are also being built at a brisk pace as part of the energy mix across the region.
India is set for the largest increase in energy demand of any country over the next 20 years. This underscores the potential for policies and investment to accelerate the clean energy transition, the International Energy Agency (IEA) said in a new report.
Australia could offer a $26 billion renewable power generation investment opportunity this decade if the government can implement an ambitious long-term Renewable Energy Target (RET) to reverse a slowdown in wind and solar spending.
Energy bosses have been served a “fresh wake up call” that the sector needs to accelerate progress to tackle climate change in order to attract top talent.
Governments are on course to miss the Paris Agreement with deep decarbonisation of the world’s energy system still 15 years away, according to a new forecast.
The rise of clean tech such as renewables, electric cars and climate policies could cut global fossil fuel profits by two thirds, a report warns.
Several months ago I joined many others in petitioning the UK Government to “convert fossil fuel subsidies into subsidies for renewable energy”.
The North Sea’s oil and gas chaplain believes the Church of Scotland will make the “wrong decision” in coming years to divest from fossil fuels.
Almost half of senior bosses in the fossil fuels industry “believe gas and renewables are competing against each other”, according to a major new survey.
Scotland’s new public bank must be an “ethical lender”, according to environmental campaigners.
The outgoing governor of the Bank of England has warned firms that their assets could become "worthless" if they do not wake up to the climate crisis.
Some of the most powerful people in Norway’s vast oil industry are increasingly worried about what they see as a lack of nuance in the criticism of fossil fuels.
Exxon Mobil Corp.’s lawyer slammed New York’s securities-fraud case as the trial opened, saying the state “twisted” reality by conflating two internal metrics the company uses to account for the financial impact of climate change on its business.
A group of 300 British politicians are pushing the trustees of the Parliamentary Pension Fund to sell shares of BP Plc and Royal Dutch Shell Plc to ward off the risks of climate change.
A company in the US called ZeroAvia has just installed a hydrogen fuel cell powered electric powertrain in a six-seater aircraft.
Investing in fossil fuels is providing “increasingly poor” returns on investment according to a new study.
More British electricity is set to come from zero-carbon sources than fossil fuels this year for the first time since the Industrial Revolution, National Grid has said.