Oil

Indian oil market outlook to 2030

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 …

In battle for Libya's oil, water becomes a casualty

Interruptions to water supplies are common after eight years of near-anarchy since Muammar Gaddafi was ousted, but a wider crisis is now coming to a head in a country made up mainly of arid desert and split between competing administrations. In western Libya, finding clean water has become difficult because …

Energy security in ASEAN+6

The ASEAN+6 group comprises the ten ASEAN countries and six other countries in the Asia-Pacific region: Australia, China, India, Japan, Korea and New Zealand. These countries differ in their natural resource wealth and their levels of socio-economic and technological development, but share common challenges, in ensuring the security of their …

Energy security in ASEAN+6

The ASEAN+6 group comprises the ten ASEAN countries and six other countries in the Asia-Pacific region: Australia, China, India, Japan, Korea and New Zealand. These countries differ in their natural resource wealth and their levels of socio-economic and technological development, but share common challenges, in ensuring the security of their …

Global energy outlook 2019: the next generation of energy

The global energy landscape has experienced substantial changes over the last 25 years, with much larger changes potentially in store in the future. This report provides an analysis of long-term energy projections from governmental, intergovernmental, and private organizations using a unique methodology that allows for “apples-to-apples” comparisons. These projections agree …

BP Statistical Review of World Energy 2019

BP released the 68th annual edition of the BP Statistical Review of World Energy (BP Stats Review), the most comprehensive collection and analysis of global energy data. This year's edition highlights the growing divergence between demands for action on climate change and the actual pace of progress on reducing carbon …

Tanzania: Parliamentary Committee Wants Construction of Oil Reserve in Sellous to Avoid Environmental Hazards

Dodoma — The Parliamentary Committee on Mineral an Energy has urged the government to construct an oil reserve for the implementation of the Stigler Gorge power project outside the Sellous game reserve in order to avoid environmental hazards. Presenting the committee recommendations after the minister of energy Dr Medard Kalemani …

Fossil fuel subsidies are wrecking the world, says UN chief

Subsidies that promote the use of fossil fuels are helping “to destroy the world”, and are a bad way to deploy taxpayers’ money, the head of the United Nations said on Tuesday. UN Secretary-General Antonio Guterres told a gathering of politicians and business people in Austria that pollution should be …

Canada's oil-rich Alberta introduces bill to repeal carbon tax

Canada’s main crude-producing province Alberta introduced a bill to repeal the provincial carbon tax on Wednesday, setting up a legal tussle between Premier Jason Kenney’s United Conservative Party and Justin Trudeau’s Liberal government in Ottawa Premier Kenney and his party swept to power in Alberta last month on a platform …

World energy investment 2019

The International Energy Agency’s annual benchmark for tracking energy investment, World Energy Investment 2019 provides a full picture of today’s capital flows and what they might mean for tomorrow’s energy sector. It assesses whether the frameworks and strategies put in place by governments, the energy industry, and financial institutions are …

Nigeria: Contaminated Lands, Water - New Major Inquiry Into Oil Spills in Niger Delta

A major new inquiry into oil companies operating in the Niger Delta has been launched by the Archbishop of York, John Sentamu. The probe will investigate "environmental and human damage" in Nigeria's vast oil fields. "This Commission will investigate the human and environmental impact of multinational oil company activity and …

Trump issues new permit for ‘climate-killing’ Keystone XL pipeline in attempt to sidestep court ruling

Donald Trump has issued a new permit for a controversial oil pipeline that critics say will devastate local communities and prove disastrous for the environment. The move comes in spite of a federal judge blocking the Keystone XL project in November, saying the government had not fully considered oil spills …

Judge Scraps Trump Order on Oil Leasing in Arctic, Atlantic

A federal judge in Alaska has overturned U.S. President Donald Trump's attempt to open vast areas of the Arctic and Atlantic oceans to oil and gas leasing. The decision issued late Friday by U.S. District Judge Sharon Gleason leaves intact President Barack Obama's policies putting the Arctic's Chukchi Sea, part …

Global energy & CO2 status report 2018: the latest trends in energy and emissions in 2018

India emitted 2,299 million tonnes of carbon dioxide in 2018, a 4.8% rise from last year, according to a report by the International Energy Agency (IEA). India’s emissions growth this year was higher than that of the United States and China — the two biggest emitters in the world — …

Energy and oil majors turn to rural Africa in grab for world’s next billion customers

Armed with solar panels, lanterns and mini grids, European energy giants hope to capture the data of hundreds of millions of new, increasingly wealthy customers in rural Africa. The first step is to set up tiny renewable generators independent of main power grids, often sold on pay-as-you-go schemes like mobile …

Climate change rebellion protesters pour fake blood on road outside Downing Street

Activists poured hundreds of litres of fake blood into the road outside Downing Street to demand action on climate change. Police stood by watching, without making any arrests, as protesters simultaneously tipped up buckets of the red liquid, which spread across the breadth of the road. An estimated 400 demonstrators …

Radioactive waste from Shell oil rigs could damage environment, groups warn

Enormous concrete storage units that Shell wants to abandon in the North Sea contain radioactive waste which campaigners fear will eventually leach into the surrounding water, The Independent has learned. European authorities are considering Shell’s application for an exemption to legislation requiring companies to return the marine environment to its …

White House drafts guidelines for panel questioning climate threat to security

The White House is advancing plans to form a presidential panel that will question science used in U.S. military and intelligence reports showing that human-driven climate change poses national security risks, according to a source briefed by participants in the negotiations. The National Security Council at the White House has …

Congo's former president awarded oil block in UNESCO heritage site

Former Democratic Republic of Congo President Joseph Kabila in December awarded an oil drilling licence that overlaps a wildlife-rich UNESCO world heritage site, according to official records, reviving concerns about environmental protections. Congo, Africa’s leading copper producer, has long aimed to boost oil output above 25,000 barrels per day but …

BP Energy Outlook 2019

The 2019 edition of BP’s Energy Outlook, explores the key uncertainties that could impact the shape of global energy markets out to 2040. The greatest uncertainties over this period involve the need for more energy to support continued global economic growth and rising prosperity, together with the need for a …

The greenhouse gas impacts of increased US oil and gas production

Increased oil and natural gas production in the United States has decreased domestic natural gas prices and global oil prices, with major economic and environmental consequences. The resulting greenhouse gas (GHG) impacts have received substantial attention, with most focus on natural gas and relatively little on oil. In this paper, …

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