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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

ADNOC and TAQA close financing for 3.8 billion dollar decarbonisation of oil and gas extraction

Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company (TAQA) have closed financing for a $3.8 billion project to decarbonise ADNOC’s offshore…

European countries invest in Qatar gas

France’s TotalEnergies has signed a new investment deal in Qatar’s natural gas production expansion. Speaking alongside TotalEnergies chief executive Patrick Pouyanne on Saturday, Qatar Energy…

Woodside, Bechtel start construction at Pluto Train 2 project in Australia

Australian petroleum exploration and production company Woodside Energy and US-based engineering company Bechtel have started construction at the Pluto Train 2 project. Pluto Train 2…

Australian Federal Government to back new fossil fuel projects that ‘stack up’ economically and environmentally

The Albanese government will continue to support new fossil fuel projects so long as they “stack up” from an economic and environmental perspective, the federal…

Rosneft starts production drilling at Payakhskoye field in Russia

Moscow-based integrated energy company Rosneft has started production drilling at the Payakhskoye field on the Taimyr Peninsula in Russia. The field is part of Rosneft’s…

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…

Australian Prime Minister rules out banning fossil fuel projects

Australian Prime Minister Anthony Albanese says Labor will not support a moratorium on fossil fuel projects. “That’s not in our policy and we won’t be…

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…