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 Eyre Basin is probably…Continue readingThe magnificent Lake Eyre Basin is threatened by 831 oil and gas wells, and more are planned

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 carbon-intensive companies were not…Continue readingCorporate polluters fail basic tests

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 is aimed at extending…Continue readingEquinor begins production from $3 billion project in Brazil

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 LNG projects in Australia…Continue readingMidOcean to acquire Tokyo Gas’ stakes in Australian gas projects for $2.1 billion

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 on Wednesday. Graham Stuart…Continue readingUK fracking and oil drilling good for environment, claims climate minister

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 net-zero emissions by 2060,…Continue readingChina needs $17 trillion to meet climate goals

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 to 2011, when many…Continue readingPhantom Forests: Why Ambitious Tree Planting Projects Are Failing

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 oil and gas extraction…Continue readingADNOC and TAQA close financing for 3.8 billion dollar decarbonisation of oil and gas extraction

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 Minister Saad Sherida al-Kaabi…Continue readingEuropean countries invest in Qatar gas

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 is the expansion of…Continue readingWoodside, Bechtel start construction at Pluto Train 2 project in Australia

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 resources minister says. Madeleine…Continue readingAustralian Federal Government to back new fossil fuel projects that ‘stack up’ economically and environmentally

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 Vostok Oil strategic project,…Continue readingRosneft starts production drilling at Payakhskoye field in Russia

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 to source coal from…Continue readingAustralian Prime Minister parrots a pro-coal talking point as Ampol offers ‘carbon neutral’ petrol

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 implementing that policy,” Albanese…Continue readingAustralian Prime Minister rules out banning fossil fuel projects

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 the Ichthys liquid natural…Continue readingINPEX gas company and Northern Territory Government sign statement of commitment to a net zero emissions future

Cobalt’s human cost: Social consequences of green energy must be assessed in addition to environmental impacts

While driving an electric car has fewer environmental impacts than gasoline-powered cars, the production of the parts necessary for these green technologies can have dire effects on human well-being.…Continue readingCobalt’s human cost: Social consequences of green energy must be assessed in addition to environmental impacts