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…

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…

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…

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),…

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…

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…

World heading into ‘uncharted territory of destruction’

The world’s chances of avoiding the worst ravages of climate breakdown are diminishing rapidly, as we enter “uncharted territory of destruction” through our failure to…

Cutting energy consumption key to replacing fossil fuels with renewables

Unless Australia reduces its energy consumption, a recent study finds it’ll be almost impossible for renewable energy to replace fossil fuels by 2050. This is what’s required…

Spot Australian thermal coal has surged

The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market for…

Droughts push China towards coal power

Despite enviable earnings, shares of Three Gorges Renewables are down 15% this year and trade at 20 times forward earnings, half the level of a…

Australia’s Santos takes Final Investment Decision on $2.6 billion oil project in Alaska

Australian oil and gas company Santos has decided to proceed with the $2.6 billion oil project in Alaska in a bid to further diversify its…

Santos profit rises three-fold

Australian oil and gas company Santos reported a half-year net profit after tax of $A1.66 billion ($US1.167 billion), up 230%. Its underlying profit was $A1.8…

Saudi Aramco posts biggest quarterly profit of any listed company

Saudi Aramco posted the biggest quarterly adjusted profit of any listed company globally driven by high crude prices and production. Revenue climbed 80% to $150…

Many countries continue to invest in coal

To understand why it is proving so hard to break up with coal, we worked with an international team of around 35 researchers to investigate…

Germany increases reliance on coal and oil

Coal – France, Italy, Austria and the Netherlands have all announced plans to reactivate old coal power plants. But nowhere are the plans as extensive…

Wintershall Dea begins production from Nova oil field, offshore Norway

Wintershall Dea and its partners Sval Energi and Pandion Energy Norge have started production from the Nova oil field (previously Skarfjell) located in the Norwegian…

BP profits highest in 14 years, raking in $8.5 billion

BP reported a profit of $8.5 billion for its second quarter on Tuesday, its biggest windfall in 14 years. Just days earlier, the two largest…

Exxon, Chevron post blockbuster profits on oil price boom

The nation’s biggest oil companies — ExxonMobil and Chevron — saw their profits roughly triple in the second-quarter. On Friday, Exxon reported net income of…

Shell reports record profits on surging oil and gas prices

The UK-headquartered group, Europe’s largest oil company, reported adjusted earnings of $11.5 billion in the second three months of the year, breaking the record $9.1…

ADNOC Drilling wins $2 billion worth of contracts for Ghasha mega-project

The Ghasha gas project is located on the north-western shore of Abu Dhabi, United Arab Emirates (UAE). Abu Dhabi National Oil Company (ADNOC) is developing…

Algeria, Nigeria, and Niger sign MoU for $13 billion Trans Saharan gas pipeline

The more than 4,000km (2,485 mile) long onshore gas pipeline is planned to start in Warri in Nigeria, travel through Niger, and end in Hassi…

Australian Prime Minister parrots a pro-coal talking point as Ampol offers ‘carbon neutral’ petrol

Supporters of Australia’s coal export industry have been arguing for the past decade that global greenhouse gas emissions would go up if overseas customers had…

Turkey’s new power plant exposes ‘huge contradictions’ of net zero pledge

The $2.17 billion Hunutlu coal fired power plant is the largest foreign direct investment in Turkey by China. Despite the efforts of campaigners, and several…

INPEX gas company and Northern Territory Government sign statement of commitment to a net zero emissions future

INPEX CORPORATION (INPEX) announced it has signed a statement of commitment to a net zero emissions future with the government of Australia’s Northern Territory, where…

GAZ-SYSTEM connects Baltic Pipe to Polish and Danish transmission systems

GAZ-SYSTEM said that the Baltic Pipe project, a 900km long offshore and onshore natural gas pipeline has been connected to the Polish and Danish transmission…

Fifty-year extension for Australia’s biggest CO₂ emitter

Oil and gas giant Woodside Energy been given the green light to operate the North West Shelf gas processing facility on the Burrup peninsula, in…

A year on, China’s CO₂ market fails to drive big emission cuts

China’s year-old carbon market has given more than 2,000 power plants a taste of emissions trading, but design flaws and data fraud have meant limited…

Gautam Adani ramps up share of coal imports as power crisis grips India

India’s thermal coal imports hit a monthly record in June of 20.9 million tonnes, after Prime Minister Narendra Modi’s government called for increased purchases in…

Corinne Le Quéré: ‘Could we just adapt to climate change? The answer is no’

In the 2000s, Le Quéré was a lead author of the reports of the Intergovernmental Panel on Climate Change, which won a Nobel Peace Prize.…

Humanity faces ‘collective suicide’

Wildfires and heatwaves wreaking havoc across swathes of the globe show humanity facing “collective suicide”, the UN secretary general has warned. António Guterres told ministers…

China speeding up approvals for new coal plants

In the first quarter of 2022, Chinese regulators gave the green light to coal plants with a total capacity of 8.63 gigawatts. That is nearly…

Biden expects Saudi Arabia to take ‘further steps’ to boost oil supply

US president Joe Biden said he expected Saudi Arabia to take “further steps” to increase the supply of oil in the “coming weeks” following a…

Mongolia says Russia-China gas pipeline will break ground in 2024

Mongolia expects Russia to begin construction of the “Power of Siberia 2” gas pipeline through its territory to China within two years, as Moscow moves…

Oil drilling to go ahead in Ugandan park despite threat to nature

In 2015, French oil giant TotalEnergies and the China National Offshore Oil Corporation (CNOOC) signed a memorandum of understanding (MOU) with the governments of Uganda…

Technical Note:Past and future warming – direct comparison on multi-century timescales

In 2013, the Intergovernmental Panel on Climate Change (IPCC) report (Assessment Report 5; AR5) concluded that Northern Hemisphere temperatures had reached levels unprecedented in at…

Hungary declares ‘energy emergency’ over threat of fuel shortages

Hungary’s government has declared an “energy emergency” in response to supply disruptions and skyrocketing energy prices in Europe, an official said. There is “unlikely to…

New Fortress Energy to sell 11 LNG vessels to JV with Apollo for $2bn

New Fortress Energy (NFE) has signed a deal to sell 11 liquefied natural gas (LNG) infrastructure vessels to a joint venture (JV) it will form…

EU votes to class gas and nuclear as green

Under the plans, gas can be classed as a sustainable investment if “the same energy capacity cannot be generated with renewable sources” and plans are…

Nature restoration no substitute for cutting fossil fuels

Restoring degraded environments, such as by planting trees, is often touted as a solution to the climate crisis. But our new research shows this, while…

Biden opens door to more offshore drilling, despite earlier climate vow

The proposed program for offshore drilling between 2023 and 2028 would ban exploration off the Atlantic and Pacific coasts. But by leaving the possibility for…

Shell signs up to Qatar project as LNG demand booms

Shell has become the latest international partner in the expansion of the world’s largest liquefied natural gas (LNG) project in Qatar as global demand for…

Western Australia’s EPA urges 50-year extension of country’s most polluting gas project

The WA Environment Protection Authority (EPA) advised the state government it should give the greenlight to oil and gas giant Woodside Energy to run its…

Australian Queensland state government gives environmental approval to coalmine expansion

Queensland has granted environmental approval to a plan to expand an open-cut coalmine near Toowoomba and extend its life for another 12 years, in a…

US supreme court rules against EPA and hobbles government power to limit harmful emissions

The US supreme court has sided with Republican-led states to in effect hobble the federal government’s ability to tackle the climate crisis. In a 6-3…

Cement carbon dioxide emissions double in 20 years

In 2021, worldwide emissions from making cement for buildings, roads and other infrastructure hit nearly 2.6GtCO₂ (billion metric tonnes of carbon dioxide), which is more…

US gas exporters sign flurry of deals

US liquefied natural gas (LNG) producers have announced a string of deals to boost exports. Cheniere Energy, the biggest American exporter, said it had reached…

Dutch join Germany, Austria, in reverting to coal

The Netherlands said it would lift all restrictions on power stations fired by the fossil fuel, which were previously limited to just over a third…

Global coal consumption: Spotlight on China’s consumption for power generation

“China’s influence on coal markets is difficult to overstate”, says the International Energy Agency’s Coal 2021 report, which was published in mid-December China’s overall coal…

How does the distant past determine today’s global rate of energy consumption?

Global economic production – the world gross domestic product (GDP) – has been rising steadily relative to global primary energy demands, lending hope that technological…

QatarEnergy signs deal with TotalEnergies for North Field East

QatarEnergy signed a partnership deal with TotalEnergies for the North Field East expansion of the world’s largest liquefied natural gas (LNG) project, and said more…