Tag Archives: The Guardian

Oil prices could hit the $90-$100 per barrel range in the second half of this year as global demand is set to reach record levels amid constrained supply, Russell Hardy, CEO at the world’s largest independent oil trader, Vitol Group, has said “The prospect of higher prices in the second …

The impact of bottled water on natural resources is 3,500 times higher than for tap water, scientists have found. The research is the first of its kind and examined the impact of bottled water in Barcelona, where it is becoming increasingly popular despite improvements to the quality of tap water …

The world has only a few months to prevent the energy industry’s carbon emissions from surpassing pre-pandemic levels this year as economies begin to rebound from Covid-19 restrictions, according to the International Energy Agency. New figures from the global energy watchdog found that fossil fuel emissions climbed steadily over the …

The world’s offshore wind farm capacity could grow eight fold by the end of the decade powered by a clean energy surge led by China, according to the Global Wind Energy Council (GWEC). A new industry report has revealed stronger than expected growth for the offshore wind industry, which could …

BP’s new chief executive said the impact of the coronavirus pandemic has deepened his commitment to shrinking the oil giant’s carbon footprint to zero. Bernard Looney, who took the helm of the oil giant in February, said he is “more convinced than ever” that BP must embrace the energy transition …

The US shale industry is expected to shrink by more than 2m barrels a day following a collapse in global oil prices which has forced oil producers to shut down their fracking rigs. The US oil market slumped to fresh 18-year lows and below $18 a barrel on Friday following …

The challenge for OPEC+ is the strong supply growth elsewhere in the world.

China shocked the market in June 2018 by announcing that it would not issue approvals for any new solar power installations in 2018 and would also cut subsidies.

The UN summit is set to provide a sobering counterpoint to Friday’s global climate strikes.

Google has become the largest corporate buyer of renewable electricity.