Saudi Arabia posts surplus of 27 billion US dollars with oil windfall

Saudi Arabia posted a budget surplus of US$27 billion (SR102bn) this year and 8.5% economic growth as the kingdom enjoys a petrodollar windfall from high…

First UK coal mine in 30 years gets government go-ahead

The first coal mine in Britain for 30 years has been given the go-ahead by the government. Michael Gove, the levelling-up secretary, granted approval for…

Global carbon emissions at record levels with no signs of shrinking

The analysis, by the Global Carbon Project, calculates Earth’s “carbon budget“, which is how much CO₂ humans have released, and how much has been removed…

Coal projects in Great Barrier Reef catchments approved without environmental impact statements

At least 8 coalmining projects in Great Barrier Reef catchments and floodplains have been exempted from requiring environmental impact statements (EIS) by the Queensland government,…

Big polluters given almost €100 billion in free carbon permits by EU

Big polluting industries have been given almost €100 billion (£86 billion) in free carbon permits by the EU in the last nine years. The free…

QatarEnergy, ConocoPhillips sign LNG deal for Germany

QatarEnergy and ConocoPhillips have signed two sales and purchase agreements to export liquefied natural gas (LNG) to Germany for at least 15 years starting 2026…

Equinor submits PDO for $1.5 billion Irpa gas project in Norwegian Sea

Equinor has submitted a plan for development and operation (PDO) for the NOK 14.8 billion ($1.46 billion) Irpa gas project in the Norwegian Sea to…

NFE, Pemex partner for Lakach offshore gas field development

US-based New Fortress Energy (NFE) has partnered with Mexico’s state-owned oil company Petróleos Mexicanos (Pemex) to develop and operate an integrated upstream and natural gas…

Chevron to resume Venezuela oil production

The Venezuelan government and the opposition returned to political negotiations in Mexico — suspended for more than a year — and signed a rare humanitarian…

COP27 will be remembered as a failure – here’s what went wrong

BP praises Biden climate law while expanding US shale operations

BP’s US boss said Washington’s new climate law would put its green plans in the US “on steroids”, even as the oil supermajor says it…

Saipem secures five new offshore drilling contracts worth $800m

Italian oilfield services provider Saipem has won three offshore drilling contracts in the Middle East, and two in West Africa, for a total amount of…

US FERC approves Commonwealth LNG project in Louisiana

The US Federal Energy Regulatory Commission (FERC) has approved Commonwealth LNG’s proposed liquefied natural gas (LNG) export terminal project of the same name in Louisiana.…

HSM wins contract to build N05-A gas production platform in North Sea

Dutch construction company HSM Offshore Energy has secured a contract for the construction of a production platform at N05-A gas field in the North Sea.…

Qatarenergy and Sinopec sign a 27-year 4 million tons per annum LNG supply agreement to China

QatarEnergy entered into a 27-year Sale and Purchase Agreement (SPA) with China Petroleum & Chemical Corporation (Sinopec) for the supply of 4 million tons per…

World still ‘on brink of climate catastrophe’ after COP27

At the talks, nearly 200 countries agreed that a fund for loss and damage, which would pay out to rescue and rebuild the physical and…

What is the fossil-fuel industry doing at COP27?

Tens of thousands of delegates have descended on Sharm el-Sheikh, an Egyptian resort town, for COP27, the UN climate summit. Of the 33,000-odd that registered,…

EU accused of climate accounting tricks

There’s some hocus-pocus going on with the emissions reduction numbers the European Union is proudly touting at the COP27 climate summit, climate campaigners allege. The…

Humanity devouring itself and the planet

“At the moment,” writes Warren Hern, “we are the most misnamed species on the planet: Homo sapiens sapiens—’wise, wise man.’ Not.” Hern, 84, physician and…

First cargo from $8 billion Coral South Floating LNG project

Eni, ExxonMobil, and other Area 4 partners have achieved the milestone of shipping the first cargo of liquefied natural gas (LNG) from the $8 billion…

COP27 being used to rebrand gas as transitional fuel, experts warn

Gas producers and their financial backers see COP27 as an opportunity for discussions about rebranding natural gas as a transition fuel rather than a fossil…

LNG tankers idle off Europe’s coast as traders wait for gas price rise

More than 30 tankers holding liquefied natural gas (LNG) are floating just off Europe’s shoreline as energy traders bet the autumn price reprieve prompted by…

Biden courted oil companies before threatening them with windfall tax

Before President Biden lambasted oil companies for excess profits and threatened to slap a “windfall tax” on them, several of his top energy advisers privately…

Climate change emissions from buildings and construction hit a new high

The building and construction sector’s energy consumption and CO2 emissions have rebounded from the COVID-19 pandemic to an all-time high. The sector accounted for more…

Global air travel rebounds to 74% of pre-pandemic levels

Passenger traffic reached 74% of pre-pandemic levels in September as people rushed back to travel following the lifting of COVID-19 restrictions, data from the International…

Why scientists are using the word scary over the climate crisis

More and more scientists are now admitting publicly that they are scared by the recent climate extremes, such as the floods in Pakistan and west…

UN: World is on ‘highway to climate hell’

The UN secretary general, António Guterres, stated:

UN: ‘No credible pathway to 1.5˚C in place’

There is “no credible pathway to 1.5C in place”, the UN’s environment agency has said, and the failure to reduce carbon emissions means the only…

UN: Current emissions pledges will lead to catastrophic climate breakdown

Pledges to cut greenhouse gas emissions will lead to global heating of 2.5˚C, a level that would condemn the world to catastrophic climate breakdown, according…

Leaders of world’s largest emitters a no-show at COP27

Approximately 90 world leaders are attending COP27 in Sharm El-Sheikh, Egypt from November 6 to 18, 2022. However, key figureheads from some of the globe’s…

Arctic fires could release catastrophic amounts of carbon dioxide

Global warming is responsible for bigger and bigger fires in Siberia, and in the decades ahead they could release huge amounts of carbon now trapped…

Update to Greenhouse Gas Emissions

Greenhouse Gas Emissions on this site has been updated with newly published data from the Global Carbon Project.

MODEC wins contract for FPSO of ExxonMobil’s Uaru oil project

ExxonMobil’s Uaru development is targeting approximately 1.319 billion barrels of oil. MODEC has won a contract to undertake engineering and design for a floating production,…

Uganda secures support from ACP-EU for East African crude oil pipeline

The Ugandan government has secured support from the African, Caribbean, Pacific -European Union (ACP-EU) for proceeding with the East African crude oil pipeline project (EACOP),…

DR Congo’s faltering fight against illegal cobalt mines

At the bottom of a crater in southeastern Democratic Republic of the Congo, 20,000 people work at a cobalt mine, in shifts of 5,000 at…

Fossil fuel projects were stalled a year ago. Now they’re making a comeback.

The fossil fuel industry is experiencing a remarkable rebound, with sudden momentum behind more than 80 projects that range from coal-fired power plants to hulking…

Plastic recycling remains a ‘myth’: Greenpeace study

Plastic recycling rates are declining even as production shoots up, according to a Greenpeace U.S. report out Monday that blasted industry claims of creating an…

Exxon profit triples to record $20 billion

ExxonMobil reported $19.7 billion in third-quarter net profit, or $4.68 a share, almost triple the $6.8 billion, or $1.57 a share, earned a year ago.…

The magnificent Lake Eyre Basin is threatened by 831 oil and gas wells, and more are planned

The heart-shaped Lake Eyre Basin covers about one-sixth of Australia. It contains one of the few remaining pristine river systems in the world. The Lake…

Corporate polluters fail basic tests

None of the 134 companies assessed for disclosure of climate-related risks passed basic tests. The annual review by independent non-profit Carbon Tracker group found that…

Anthropogenic greenhouse gas emissions driving monkeys and lemurs from trees to the ground

The stresses of warming temperatures and forest losses are driving dozens of species of monkeys and lemurs that normally shelter and feed high in the…

Mitsubishi fully commissions 2.65GW gas power plant in Thailand

Mitsubishi Power said that the fourth and final unit of the Chonburi power plant, a 2.65GW gas-fired power facility in Thailand, has commenced operation. The…

Finland’s first LNG import terminal has started commercial operations

The first LNG (liquid natural gas) import terminal in Finland has been connected to the transmission network. Hamina LNG provides LNG storage services, regasification and…

Equinor begins production from $3 billion project in Brazil

Norwegian oil and gas major Equinor said that Peregrino phase 2 was executed within the original cost estimate of $3 billion. The phase 2 project…

Nearly 82% of the U.S. is facing troubling drought conditions

Severe to exceptional drought conditions remain common in the West, which has been battling its driest period in the past 1,200 years. But the drought…

Disease ravages UK’s fragile woodlands

“We are getting hotter, drier summers and wetter winters and that is making trees more susceptible to disease. Climate change is already having some really…

Ocean heat found to be accelerating and fuelling extreme weather

More than 90% of the heat caused by adding greenhouse gases to the atmosphere through burning fossil fuels is taken up by the ocean. 15…

Concern about climate change shrinks globally

Concerns about climate change shrank across the world last year, with fewer than half of those questioned in a new survey believing it posed a…

Scientists discover mechanism that can cause collapse of great Atlantic circulation system

The Atlantic meridional overturning circulation (AMOC), a system of ocean currents that carry warm water from the tropics into the North Atlantic, and transport cold…

MidOcean to acquire Tokyo Gas’ stakes in Australian gas projects for $2.1 billion

MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, has agreed to acquire the stakes of Tokyo Gas in four integrated…

Heatwaves will make regions uninhabitable within decades: UN, Red Cross

Heatwaves will become so extreme in certain regions of the world within decades that human life there will be unsustainable, the United Nations and the…

UK fracking and oil drilling good for environment, claims climate minister

Fracking and drilling for new oil and gas in the North Sea is green and good for the environment, Liz Truss’s new climate minister said…

Third of emissions cuts must come from behaviour changes, say Lords

A report published on Wednesday by the upper house’s environment and climate change committee urged ministers to lead a public campaign and use regulations and…

Sea-level rise ‘may cross two meters by 2100’

An ADB report presented during the bank’s annual board meeting (26-30 September) warns that sea levels in the Asia-Pacific could exceed two meters by 2100.…

Almost 70% of animal populations wiped out since 1970, report reveals

Earth’s wildlife populations have plunged by an average of 69% in just under 50 years, according to a leading scientific assessment, as humans continue to…

Toxic ‘forever chemicals’ detected in commonly used insecticides in US, study finds

Per-and polyfluoroalkyl substances, or PFAS, are a class of about 12,000 chemicals typically used to make thousands of products water-, stain- and heat-resistant. They do…

2022 droughts ‘virtually impossible without climate change’, study finds

Human-driven climate change made the droughts that gripped large swaths of Europe, China and North America this year at least 20 times more likely, an…

Toxic air pollution particles found in lungs and brains of unborn babies

Toxic air pollution particles have been found in the lungs, livers and brains of unborn babies, long before they have taken their first breath. Researchers…

China needs $17 trillion to meet climate goals

China needs up to $17 trillion in additional investments for green infrastructure and technology in the power and transport sectors to meet its goal of…

Phantom Forests: Why Ambitious Tree Planting Projects Are Failing

Everybody likes trees. There is no anti-tree lobby. A global push to go beyond conservation of existing forests and start creating new ones goes back…