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 …
WASHINGTON — President Obama on Tuesday rejected an attempt by lawmakers to force his hand on the Keystone XL oil pipeline, using his veto pen to sweep aside one of the first major challenges to his authority by the new Republican Congress. With no fanfare and a 104-word letter to …
Natural resources such as land, timber, water as well as extractive resources have played an important role in igniting and prolonging conflict - particularly in fragile states where management and oversight of such resources is often weak. In parallel, there is a growing recognition of the role of mediation for …
This paper outlines a draft recommended methodology for quantifying and reporting the potential emissions from the fossil fuel reserves held by coal, oil and gas companies. It concentrates only on the carbon stored in reserves and attempts to account for the primary routes in which this carbon is released into …
This report focuses on facilities run by the top five U.S. refining companies, assessing both the extent of their climate risk and the companies’ failure to address that risk and publicly disclose it to their investors. When thinking about fossil fuel companies in connection with climate change, it is usually …
The current low oil price is both good and bad for the renewable energy sector, United Nations climate chief Christiana Figueres said on Thursday at the World Economic Forum in Davos, Switzerland. Crude oil prices have fallen by around 60 percent since June, triggered by oversupply. Analysts expect prices to …
US President Barack Obama said Tuesday that the climate change deal signed by the US and China last November offers hope for reaching a global agreement in the Paris negotiations at the end of this year. "We made a historic announcement -- the United States will double the pace at …
Tumbling oil prices look set to hit electric cars and biofuels harder than other parts of the green power industry, the head of the world’s leading renewable energy agency has warned. That is because they compete directly with rivals such as petrol-fuelled cars that are becoming cheaper to run as …
Barack Obama has defied a Republican Congress to move ahead on his climate agenda on Wednesday, cracking down on methane emissions from America's oil and natural gas boom. In a further use of the president's executive authority, the White House unveiled a strategy aimed at cutting methane - one of …
The oil price crash coupled with growing concerns about global warming will encourage at least one of the major oil companies to turn its back on fossil fuels in the near future, predicts an award-winning scientist and former industry adviser. Dr Jeremy Leggett, who has had consultations on climate change …
A brisk walk in India’s capital New Delhi on Christmas Eve was rated ‘hazardous’ to health, while a similar stroll in the Chinese city of Shanghai was ranked ‘unhealthy.’ Two of Asia’s biggest cities with the same problem: Air pollution. This year, it could get worse. As the plunge in …
China and India together are expected to account for half the growth in global energy demand because these two developing economies will lead the world in terms of population size and the pace of growth in standards of living says this new report by Exxon Mobil Significant growth in the …
Recent studies indicate that greenhouse gas emission inventories are likely missing methane emission sources. We conducted the first methane emission measurements from abandoned oil and gas wells and found substantial emissions, particularly from high-emitting abandoned wells. These emissions are not currently considered in any emissions inventory. We scaled methane emissions …
The report covering the four years period from 2008-09 to 2011-12 contains the results of the performance audit on `hyderocarbon production sharing contracts' at the Ministry of Petroleum and Natural Gas and Directorate General of Hydrocarbons with respect to Blocks KG-DWN-98/3, Panna-Mukta, Tapti and RJ-ON-90/1, In addition, the results of …
Fresh statistics from the ministry of Energy and Mineral Development indicate a steady increase in Uganda's mineral reserves, a development that could transform the country's outlook. Energy Minister Irene Muloni released the figures during the fourth Joint Sector Review meeting for the ministry of Energy and Mineral Development at Speke …
This analysis of almost 73,000 concessions in eight tropical forested countries by Rights and Resources Initiative found that more than 93 percent of these developments involved the land inhabited by Indigenous Peoples and local communities. From a business perspective, the risk posed by conflicts between concession operators and local populations …
Sub-Saharan Africa’s energy sector can be improved to unlock a better life for its citizens. This report describes one of the most poorly understood parts of the global energy system, offers an authoritative study of its future prospects, broken down by fuel, sector and sub-region and shows how investment in …
MEPs last night (8 October) approved Miguel Arias Cañete as the new EU Energy and Climate Commissioner, despite widespread concern from environmental groups about his background as an 'oil baron' and a petition signed by nearly 600,000 European citizens against his appointment. Cañete was approved by a wide margin, with …
Suriname prides itself on being the “greenest” country on Earth and it intends to stay green as it ramps up its oil and mining industries, say government officials. Famous for its pristine rainforest and rivers, resource-rich Suriname is welcoming foreign direct investment to ramp up its oil and mining industries; …
This paper assesses the impact of a potential transition, looking not just at the investment required and the impact of a transition on the value of existing assets, but also looking more broadly at other factors that could affect the financial capacity of the global financial system, including operating expenses, …
A low-carbon energy system consistent with avoiding the most damaging effects of climate change could free up trillions of dollars over the next 20 years to invest in better economic growth. The report, “Moving to a Low Carbon Economy: The Impact of Different Policy Pathways on Fossil Fuel Asset Values,” …
