The Report looks in-depth at how India’s role on the global oil market may evolve over the period through to 2030. It examines investment plans for the refining and petrochemical industry and how these developments may impact Indian crude and product net trade. The Report looks at energy transition trends …
OTTAWA — The amount of pollution created by vapor from Canada’s oil sands, which contributes to climate change, ranks on par with most major cities in North America, according to a new study by the country’s environmental regulator that was published on Wednesday. While the connection between the oil sands’ …
The US insurance industry, the country’s second largest institutional investor in oil, gas and coal with $459bn in fossil fuel investments, needs to divest or face serious threats to its financial stability, according to a report released Tuesday. The report, funded by Ceres, a Boston-based sustainability advocacy group, analyzes investment …
As the company has assets worth around $130bn, he suggested a 20 per cent low-carbon target “could be big”. He had set out his plan at Total’s annual shareholder meeting on Tuesday, where he was asked repeated questions about the group’s environmental strategy. “The energy world is evolving . . …
Oil giant Exxon Mobil is facing unprecedented shareholder pressure on climate change A significant group of shareholders are seeking to force Exxon Mobil to acknowledge the growing threat from climate change at the company's AGM on Wednesday. These investors want the world's biggest publicly traded oil company to support the …
HOUSTON — Exxon Mobil has been under pressure for over a year to explain its handling of climate change issues in the past. Now the company faces new pressure to explain its future, particularly how it will change in response to a warming world. At the company’s planned annual meeting …
Fighting massive forest fires is dangerous and taxing enough, but those sent into Canada’s oil sands are not only wrestling with one of the worst wildfires in the country’s history. They are doing it surrounded by the volatile, explosive chemicals and compounds critical to pumping oil from some of the …
This paper examines the implications for U.S. fossil fuel production and global CO2 emissions of ceasing to issue new federal leases for fossil fuel extraction and not renewing existing leases for resources that are not yet producing. Avoiding dangerous climate change will require a rapid transition away from fossil fuels. …
Scientists say they have made a startling discovery about the link between domestic oil and gas development and the world’s levels of atmospheric ethane — a carbon compound that can both damage air quality and contribute to climate change. A new study in the journal Geophysical Research Letters has revealed …
Campaigners claim BP has failed to do enough on environmental pledges made at last year’s annual general meeting (AGM) and will hold bosses to account at the oil company’s shareholder gathering. At last year’s AGM, BP worked with groups under the “Aiming for A” banner on a resolution committing it …
The purpose of this study is to compare the generating efficiency and CO2-intensity of fossil-fired power plants for Australia, China, France, Germany, India, Japan, Nordic countries (Denmark, Finland, Sweden and Norway aggregated), South Korea, United Kingdom and Ireland (aggregated), and the United States. This is done by calculating separate benchmark …
The Obama administration is to allow surveying of the seabed using seismic airguns that have been likened to a ‘grenade blast’ for whales and other creatures The Obama administration is to press ahead with proposals to allow loud underwater prospecting for oil and gas off the east coast, even though …
India has been ranked at the 90th place in a list of 126 countries compiled by WEF on the basis of their ability to deliver secure, affordable and sustainable energy, which was topped by Switzerland. The latest Global Energy Architecture Performance Index Report, explored the energy architecture of 126 countries …
Canada has continued to harvest its vast natural resources and witnessed a shale revolution alongside rising oil sands production and investment in the energy sector over the past five years. The medium-term outlook for gas/oil production and exports, however, is challenging amid uncertainties around pipeline developments and an era of …
Colombia's constitutional court has banned mining in the country's moorlands, also known as "paramos". It argued that mining for gold and oil in the fragile ecosystem could cause irreversible damage. The court overturned a previous ruling that allowed mining companies which already held licenses to continue operating in the moorlands …
The Minister of State (IC) for Petroleum and Natural Gas released the Hydrocarbon Vision 2030 for north-east India, outlining steps to leverage the hydrocarbon sector for development of the region in Guwahati. Ministry of Petroleum and Natural gas (MoPNG) has consciously and constantly focused efforts towards making hydrocarbons a tool …
Global energy demand will increase 25 percent between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil said in the 2016 edition of The Outlook for Energy. At the same time, energy efficiency gains and increased use of renewable energy sources and lower carbon fuels, such as natural …
The Obama administration is expected to propose new rules as soon as Friday to curb methane leaks from oil and natural gas production, its latest attempt to reduce greenhouse gas emissions from energy production under its control, sources familiar with the plan said. The Interior Department's Bureau of Land Management …
The oil price slump below $30 barrel is spurring some of the world’s biggest oil exporters to curb domestic consumption of fossil fuels and invest in wind and solar power, according to government officials meeting in Abu Dhabi. A month after the historic climate agreement in Paris, Saudi Arabia, Russia, …
Judgement of the Supreme Court of India in the matter of GAIL (India) Ltd. Vs Petroleum And Natural Gas Regulatory Board & Others dated 13/01/2016 regarding denial of access to common carrier capacity on reasonable endeavor basis to the two pipelines laid by the appellant (GAIL) to the second respondent, …
The steep decline in the world oil price in the last quarter of 2014 slashed fuel price subsidies. Several governments responded by announcing that they would remove subsidies for one or more fuels and move to market-based pricing with full cost recovery. Other governments took advantage of low world prices …
