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 …
A government-appointed panel examining a dispute over migration of gas from Oil & Natural Gas Corporation (ONGC)-held blocks in the Bay of Bengal to adjacent fields of Reliance Industries (RIL) will submit its report to the Ministry of Petroleum by August 31. The single-member committee was formed in December 2015 …
Seven Indian companies have made it to a carbon-clean list of 200 largest companies worldwide ranked by their total clean-energy revenues. The list is topped by Japan's Toyota Motor followed by Germany's Siemens AG. The ranking has been done by As You Sow and Corporate Knights. Among Indian companies are …
Audit Report No.21 of 2016 of the Comptroller and Auditor General of India (C&AG;) is on the audit of Crude Oil Production Measurement and Reporting System in ONGC. Following a report on over-reporting of crude oil production in Ankleshwar Asset, an audit of the crude oil measurement and reporting system …
World's largest carbon producers face landmark human rights case. Filipino government body gives 47 ‘carbon majors’ 45 days to respond to allegations of human rights violations resulting from climate change. The world’s largest oil, coal, cement and mining companies have been given 45 days to respond to a complaint that …
This report presents an analysis of the latest rankings of The Carbon Underground 200TM (CU200), FFI’s list of the top publicly-traded coal, oil, and gas reserve owners ranked by the potential carbon emissions content of their reported reserves. The 2016 CU200 list was created using data available as of May …
The fossil fuel industry risks losing $33 trillion in revenue over the next 25 years as global warming may drive companies to leave oil, natural gas and coal in the ground, according to a Barclays Plc energy analyst. Government regulations and other efforts to cut carbon emissions will inevitably slash …
BEIJING - China's energy consumption last year grew at its slowest pace since 1998 and its carbon dioxide emissions also posted a first negative growth in 17 years, according to an industry report released on Thursday. Chinese energy consumption only grew 1.5 percent in 2015 year on year, the lowest …
While the work was being done off the coast of the city’s Kiryat Haim neighborhood, a boat carrying out the dismantling process accidentally damaged one of the pipes, causing the remaining oil contained within to leak out. A spokesman for the company noted that as soon as the event happened, …
Pipelines carrying crude oil to ports in British Columbia may spell bad news for salmon, according to a new University of Guelph-led study. Exposure to an oil sands product - diluted bitumen - impairs the swimming ability and changes the heart structures of young salmon. The research will be published …
Energy ministers from the Group of 20 major economies meeting in Beijing this week came under a three-pronged attack on Tuesday over their failure to agree a deadline for the phasing out of subsidies on fossil fuels. Officials from the United Nations and European Union, plus 200 non-governmental organizations, urged …
The BP Statistical Review of World Energy provides high-quality objective and globally consistent data on world energy markets. The 65th edition of the BP Statistical Review of World Energy sets out energy data for 2015, revealing a year in which significant long-term trends in both the global demand and supply …
Norway's parliament has agreed on a goal to cut the country's net greenhouse gas emissions to zero by 2030, moving the target forward by 20 years, an official at the national assembly said on Tuesday. To achieve this goal, oil and gas producing Norway will have to lower its carbon …
Voters at Exxon Mobil Corp's (XOM.N) annual meeting on Wednesday approved a measure to let minority shareholders nominate outsiders for seats on the board, meaning a climate activist could eventually become a director at the world's largest publicly traded oil company. The so-called proxy access measure was the first Exxon …
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. …
