Urgewald, a campaign group that tracks global fossil fuel finance, found that the World Bank supplied about $3.7bn (£2.95bn) in trade finance in 2022 that was likely to have…Continue readingWorld Bank spent billions of dollars backing fossil fuels in 2022
Tag: lies
A prominent sheikh in the oil-rich Gulf state hosting this year’s UN climate negotiations, COP28, is heading a new rush to capture and sell carbon credits by managing tens…Continue readingIn New Scramble for Africa, an Arab Sheikh Is Taking the Lead
The intent of the project is to boost production by 26 million barrels of oil equivalents from the satellite field of the Statfjord oil and gas field. The oil…Continue readingEquinor begins production from Statfjord Øst expansion project in North Sea
The Timi platform is designed to produce up to 50,000 barrels of oil equivalent per day of gas at peak production. It will transport its gas through a new…Continue readingShell begins production at Timi sweet gas field development in Malaysia
Many credits in the voluntary market going unused, with study finding some offsetting could make global heating worse Carbon credit speculators could lose billions as scientific evidence shows many…Continue readingCarbon credit speculators could lose billions as offsets deemed ‘worthless’
Fossil fuels benefited from record subsidies of $13 million (£10.3m) a minute in 2022, according to the International Monetary Fund, despite being the primary cause of the climate crisis.…Continue readingFossil fuels being subsidised at rate of $13m a minute
Subject to certain conditions, the approval secures the future operation of Snøhvit natural gas field in the Norwegian Sea and the Hammerfest LNG plant located on the island of…Continue readingEquinor gets Norway’s approval for $1.3bn Snøhvit Future project
Consultancy firm EY did not tell the New South Wales government it was conducting work for Santos before being awarded a $67,375 contract to inform a policy statement that…Continue readingConsulting firm EY worked for gas giant Santos while advising NSW on gas policy
Grant Shapps, energy minister, has insisted that the government will “max out” the UK’s remaining reserves of North Sea oil and gas, arguing this is compatible with Britain’s pledge…Continue readingGrant Shapps vows to ‘max out’ UK’s North Sea oil and gas reserves
The Murray Darling Basin Plan is an historic deal between state and federal governments to save Australia’s most important river system. The A$13 billion plan, inked over a decade…Continue readingWith less than a year to go, the Murray-Darling Basin Plan is in a dreadful mess
Shell has signed a new agreement to supply Morocco six billion cubic metres of liquefied natural gas (LNG) over 12 years. Morocco Minister of Energy Transition and Sustainable Development…Continue readingShell signs 12-year LNG supply deal with Morocco
Whitehaven in its statement said: “High-quality thermal coal has an important role to play in providing energy security during the decarbonisation transition.”Continue readingWhitehaven coal wins legal battle for extension of Narrabri underground mine
From the start of the Middle Arm project and its associated gas developments, there have been concerns about the potential for actual or perceived conflicts of interest by decision…Continue readingRevealed: documents detail key players behind vast Australian fossil fuel expansion
All articles sourced from the Adelaide Advertiser, dated May 19, 2023.Continue readingNews Corp endorses the Australian gas industry
“Given that Assad’s forces have used chemical weapons and flattened entire towns and cities in a murderous scorched-earth military campaign, it’s a sick joke to imagine that he’ll take…Continue readingAmnesty brands COP28 invitation to Bashar al-Assad as ‘sick joke’
The Australian federal environment minister, Tanya Plibersek, has approved habitat clearing for a defence housing development in Darwin despite acknowledging there is a significant risk for what has been…Continue readingTanya Plibersek approves habitat clearing in Darwin despite risk to endangered bird
Shell has abandoned plans to cut oil production each year for the rest of the decade, in a shift in approach to firmly target fossil fuels and increase payouts…Continue readingShell drops target to cut oil production as CEO aims for higher profits
Environmental groups are suing the US Environmental Protection Agency over pesticide-coated seeds they say have “devastating environmental impacts” and are spread largely without regulatory oversight. The suit alleges the…Continue readingEPA sued over pesticide-coated seeds’ ‘devastating impacts’ on US wildlife
Norway’s government is readying plans to open an area of ocean nearly the size of Germany to deep-sea mining as it seeks to become the first country to extract…Continue readingNorway seeks to open vast ocean area to deep-sea mining
DuPont scientists found PFAS enlarged lab rats’ livers and likely caused birth defects in workers. Still, the company told its employees the cancer-linked compounds are “about as toxic as…Continue readingChemical industry used big tobacco’s tactics to conceal evidence of PFAS risks
The United Arab Emirates’ state oil company has been able to read emails to and from the COP28 climate summit office and was consulted on how to respond to…Continue reading‘Absolute scandal’: UAE state oil firm able to read COP28 climate summit emails
After receiving the £430m loan, Wood grew its upstream oil and gas business by 17% so that it accounted for more than $3bn (£2.4bn) in revenue in 2022, up…Continue readingUK firm given £430m green transition loan then expanded oil and gas business
The UK government is under attack for investing taxpayers’ money in fossil fuel companies, a hospital in Kenya accused of imprisoning patients who couldn’t pay for treatment, and a…Continue readingUK government under fire for investing overseas aid in fossil fuel firms
United Nations climate chief says while the rapid end of burning coal, oil, and natural gas is urgently needed, the topic may not even reach crucial COP28 negotiations.Continue readingWill fossil fuel phase-out make it onto the UN’s climate agenda?
To help extract oil, companies pump large quantities of water into the ground. For each barrel of oil, many of which are later exported to Europe, up to three…Continue readingIraq’s oil boom blamed for worsening water crisis in drought-hit south
Environmental groups say the event in Perth to court the biggest polluting oil company of all time is ‘akin to a joint trade show with a tobacco major’Continue readingAustrade forum to promote links with oil giant Saudi Aramco condemned by activists
Climate experts criticised the G7 group of advanced economies for failing to commit to tougher action on fossil fuels after Germany and Japan prevailed on the continued use of…Continue readingG7 disappoints on climate progress without deadlines on gas and coal use
South Australia’s minister for energy and mining has told a conference of the oil and gas industry in Adelaide that his state government is “at your disposal”.Continue readingSouth Australia tells gas industry the state is ‘at your disposal’
“The Albanese government has to make decisions in accordance with the facts and the national environment law – that’s what happens on every project, and that’s what’s happened here,”…Continue readingAlbanese government approves first new coalmine since taking power
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The proposed mandate requires existing power plants to start limiting their carbon dioxide emissions in 2030, introducing restrictions that would become more stringent over time. Any new gas power…Continue readingThe EPA tightens pollution standards for power plants, with a big loophole for coal and gas
Two years ago, a multibillion-dollar natural gas export project planned for Alaska appeared all but dead, the victim of tough economics and Donald Trump’s trade wars. But now it’s…Continue readingAnother big Alaska fossil fuel project gets Biden team’s blessing
“The world will need these vital oil resources to meet future energy demand and help ensure an affordable, just and secure energy transition.” The Uaru field development project, which…Continue readingExxonMobil, Hess take FID on $12.7bn Uaru oil project offshore Guyana
An annual report on fossil fuel financing by a coalition of campaign groups organised by the Rainforest Action Network found that RBC extended $42.1bn in funding to fossil fuel…Continue readingRoyal Bank of Canada becomes top financier for fossil fuel industry
The United States is Earth’s punching bag for nasty weather. Blame geography for the U.S. getting hit by stronger, costlier, more varied and frequent extreme weather than anywhere on…Continue reading“Buckle up. More extreme events are expected,” says head of the US National Oceanic and Atmospheric Administration
The race for high-tech metals has sparked a cobalt boom in the Democratic Republic of the Congo that has come at a steep human cost. In an e360 interview,…Continue readingFor Your Phone and EV, a Cobalt Supply Chain to a Hell on Earth
The proposed US goal to double electricity transmission lines and build a separate electric vehicle charging network while also expanding solar and wind production to move to 100% renewable…Continue readingThe squeeze on powering the open road
Businesses want to trawl for nickel, manganese and cobalt to build electric cars and windfarms.Continue readingDeep-sea mining for rare metals will destroy ecosystems, say scientists
Sempra announced that it reached a positive final investment decision (FID) for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas.…Continue readingSempra launches Port Arthur LNG project
Rise of 53% came as oil group’s profits hit record $40bn in tumultuous year for energy markets. It brings van Beurden’s total compensation from Shell since becoming chief executive…Continue readingEx-Shell chief Ben van Beurden’s pay jumped to £9.7mn last year
“Shell can’t claim to be in transition as long as investments in fossil fuels dwarf investments in renewables,” said Mark van Baal, founder of Follow This, an activist shareholder…Continue readingShell profits more than double to record $40bn
Oil and Natural Gas Corporation Limited (ONGC, owned by the Ministry of Petroleum and Natural Gas, Government of India) is in talks with global oil majors to infuse state…Continue readingONGC invest $3.5bn to keep up production
Environment ministers’ decisions spanning 15 years made no difference to amount of habitat destroyed, researchers say.Continue readingSystem to protect Australia’s threatened species from development ‘more or less worthless’, study finds
In line with its growth strategy in gas and LNG, a fuel contributing to the energy transition, TotalEnergies announces the start of gas production from onshore Block 10 in…Continue readingTotalEnergies is rolling out its integrated gas strategy
Investigation into Verra carbon standard finds most are ‘phantom credits’ and may worsen global heating.Continue readingRevealed: more than 90% of rainforest carbon offsets by biggest provider are worthless, analysis shows
Financial institutions signed up to GFANZ initiative accused of acting as ‘climate arsonists’.Continue readingBanks still investing heavily in fossil fuels despite net zero pledges – study
“New gas volumes will be key to enabling the development of new value chains for hydrogen for Europe.”Continue readingNorway offers 47 new offshore production licences to 25 oil companies
Woodside Energy, Santos and BHP among companies who have sponsorship deals with Australian arts, sport, education and community organisationsContinue readingFossil fuel interests revealed to have sponsored more than 500 Australian community organisations
Spending bill passed by Senate includes less than $1bn in climate assistance for poorer nations even though Biden promised $11.4bnContinue readingUS fails to give money promised for developing countries to ease climate impacts
DfT refuses to publish emission figures, which campaigners say could make new road projects unviable.Continue readingUK government blocks release of CO₂ figures behind transport plan
The phase II of Johan Sverdrup project entails an investment of NOK48bn ($4.8bn) and includes a new platform, five new subsea systems, 28 new wells, a new module for…Continue readingEquinor begins production from Johan Sverdrup Phase 2 project
Claim by academics, including former integrity chair of Australia’s carbon credit scheme, raises further doubts about system. ‘The wild west approach needs to end,’ says climate scientist Bill Hare,…Continue readingAustralia’s carbon offset scheme fraudulent
Wealthy nations have offered Vietnam a $15.5 billion package to help pay for its move from coal to renewable energy, the latest in a total of $44 billion in…Continue readingWealthy nations offer Vietnam $15 billion-plus deal to shift from coal
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 the mine in Whitehaven…Continue readingFirst UK coal mine in 30 years gets government go-ahead
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, with 6 already gaining…Continue readingCoal projects in Great Barrier Reef catchments approved without environmental impact statements
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 permits did not come…Continue readingBig polluters given almost €100 billion in free carbon permits by EU
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. HSM will build the…Continue readingHSM wins contract to build N05-A gas production platform in North Sea