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 …
The Trump administration is expected to give BP and other big oil companies more power to self-regulate their offshore drilling operations, years after investigators found that lax regulatory oversight was one of the leading culprits behind the BP Deepwater Horizon disaster, the worst environmental catastrophe in US history. The move …
This publication makes a first attempt at an integrated analysis of how Indonesia both taxes and subsidizes production and consumption of oil, gas, coal and electricity (most of which is generated with coal). The paper also explores lessons learned from Indonesia’s reduction of fiscal dependence on fossil fuels.
The consistency of oil and gas upstream investment with energy transitions is receiving increasing policy and investor attention. This paper provides a comprehensive assessment of the state of play of upstream oil and gas investment. Cyclical developments, primarily the oil price declines unfolding in 2015–2016, appear to have had a …
The World Energy Outlook (WEO) is the gold standard of long-term energy analysis. The 2018 edition provides updated analysis to show what the latest data, technology trends and policy announcements might mean for the energy sector to 2040. It also outlines an integrated way to meet multiple sustainable development goals: …
Major oil and gas exporters have weathered many upheavals in recent decades but a renewed commitment to reform and economic diversification will be vital to cope with the changing dynamics of global energy. These include rising production from new sources such as shale, uncertainties over the pace of oil demand …
Global demand for fossil fuels will peak in 2023, an influential thinktank has predicted, posing a significant risk to financial markets because trillions of dollars’ worth of oil, coal and gas assets could be left worthless. Explosive growth in wind and solar will combine with action on climate change and …
Long before humans started injecting carbon dioxide into the atmosphere by burning fossil fuels like oil, gas, and coal, the level of atmospheric CO2 rose significantly as the Earth came out of its last ice age. Many scientists have long suspected that the source of that carbon was from the …
Pumping carbon dioxide into the air makes the planet greener; the United Nations puts out fake science about climate change to control the global energy market; and wind and solar energy are simply “dumb”. These are among the messages that flowed from the America First Energy Conference in New Orleans …
MAPUTO - Mozambique's government on Tuesday approved contracts giving exclusive rights to energy companies to act on concessions awarded to them to explore for oil following four years of negotiations and delays that threatened to derail the projects. Cabinet spokeswoman Ana Comoana said the companies could now go ahead with …
A message to the Irish government to divest from fossil fuels is spelled out in lights in front of the lower house of parliament. A message to the Irish government to divest from fossil fuels is spelled out in lights in front of the lower house of parliament. Photograph: Sasko …
The renewed upward march of global carbon emissions is worrying and a big step backwards in the fight against climate change, according to BP. Emissions rose 1.6% in 2017 after flatlining for the previous three years, which the British oil firm said was a reminder the world was not on …
G7 countries (and others around the world) are in the early stages of an energy transition – including, in some areas, a shift away from the production and consumption of fossil fuels. This transition is being driven by decarbonisation objectives and policies, as well as a sharp reduction in the …
This report looks exclusively at potential oil demand displacement from electric vehicles (EVs) and finds: EVs alone could cause peak oil demand by the late 2020’s – with annual marginal growth in oil demand (IEA New Policies Scenario) entirely offset by EVs as early as 2027. The size of the …
A new report by UNCTAD, the UN Conference on Trade and Development, describes natural gas as a useful “bridge fuel” for States aiming to move towards more environmentally-friendly renewable power sources. But it has disadvantages too, not least the fact that its main component is methane gas, which has a …
Abuja — The future of oil and gas across the world is coming under intense pressure following reports by Shell, which plans to empty reserves by over 80 per cent in the next 12 years. The report, hinged on the implications of climate change, came at a time when energy …
Bank holdings in “extreme” fossil fuels skyrocketed globally to $115bn during Donald Trump’s first year as US president, with holdings in tar sands oil more than doubling, a new report has found. A sharp flight from fossil fuels investments after the Paris agreement was reversed last year with a return …
Global energy-related carbon emissions rose to a historic high of 32.5 gigatonnes last year, after three years of being flat, due to higher energy demand and the slowing of energy efficiency improvements, the International Energy Agency (IEA) said. Global energy demand rose by 2.1 percent last year to 14,050 million …
Fossil fuel companies risk wasting $1.6 trillion of expenditure by 2025 if they base their business on emissions policies already announced by governments instead of international climate goals, Carbon Tracker warns in a report, that models the IEA’s 1.75C scenario for the first time. Mind the gap: the $1.6 trillion …
As a result of numerous organizations filing lawsuits against Exxon in recent times in relation to anthropogenic climate change, the oil giant has now filed lawsuits against a large collection of people associated with these suits, alleging conspiracy. The idea, reportedly, is that various government officials, lawyers, and activists have …
Transparency in the Management of Nigeria’s Oil Revenue, By Assisi Asobie Show anger against corruption, impunity in oil industry, civic groups tell Jonathan NEITI shifts review of 10 key petroleum industry probe reports to 2014 Nigeria ‘weak’ in oil resource governance, says Revenue Watch Nigeria’s performance in the management of …
