Articles

A few years ago, as U.S. shale oil production soared towards 11 and then 12 million bpd, turning the country into the world’s largest oil producer, it was fashionable to start imagining that OPEC was becoming irrelevant. It took a pandemic to refute that argument; and now, OPEC is more …

Governments in long-established oil-rich nations around the world are coming under fire for their decisions over oil and gas versus renewable alternatives. The once-coveted natural resource is now a question of great contention. But how will the oil industry fare over the coming decades as governments strive for green while …

Scientists are surprised, but they see a way to stop the climate bomb. “The amount of methane that escaped from composting digested food waste was sky high, which surprised us,” says Maria Dietrich, one of the researchers behind the study, on Nibio’s own website. Dietrich has studied food waste used …

The Bavenit on the 22nd of August set out from Murmansk with course for remote east Arctic waters. The ship, one of Russia’s most advanced vessels of the kind, is due to drill the first ever wells in the Laptev Sea. According to Rosneft, there has never before been drilled …

Gazprom, apart from limiting gas transit to Europe via its export gas pipelines, is also persistently emptying the European gas storage facilities under its control. This is leading to historically high gas prices on the European market, and is a harbinger of a crisis in the coming heating season. Record …

It was little surprise that Saudi Arabia and the UAE eventually reached a compromise on OPEC production and baselines, despite the high drama at the latest OPEC ministerial. What was surprising, though, was the public nature of the disagreement and the willingness of UAE officials to joust so vigorously with …

Oil and gas companies are working hard on their messaging in the climate change era. If it’s “code red for humanity” as the UN’s IPCC said last Monday in its latest dire climate report, it’s some sort of “code red” for the fossil fuels industry too, in terms of figuring …

Blue hydrogen – which could form a key part of the government’s plans to reduce greenhouse gas emissions – may be up to 20% worse for the environment than burning natural gas, researchers have claimed. Scientists at Cornell and Stanford Universities found blue hydrogen causes more pollution than burning coal …

Failure to act now on climate change will result in “catastrophic” consequences for the world, the leader of the United Nation’s next climate talks has warned. “I don’t think there’s any other word for it,” Alok Sharma, the British minister in charge of the 26th UN Climate Change Conference (COP26), …

The era of cheap natural gas is over, giving way to an age of far more costly energy that will create ripple effects across the global economy. Natural gas, used to generate electricity and heat homes, was abundant and cheap during much of the last decade amid a boom in …