Qatarenergy and Sinopec sign a 27-year 4 million tons per annum LNG supply agreement to China

QatarEnergy entered into a 27-year Sale and Purchase Agreement (SPA) with China Petroleum & Chemical Corporation (Sinopec) for the supply of 4 million tons per annum (MTPA) of LNG (liquid natural…Continue readingQatarenergy and Sinopec sign a 27-year 4 million tons per annum LNG supply agreement to China

What is the fossil-fuel industry doing at COP27?

Tens of thousands of delegates have descended on Sharm el-Sheikh, an Egyptian resort town, for COP27, the UN climate summit. Of the 33,000-odd that registered, about 16,000 represent the 197 countries…Continue readingWhat is the fossil-fuel industry doing at COP27?

EU accused of climate accounting tricks

There’s some hocus-pocus going on with the emissions reduction numbers the European Union is proudly touting at the COP27 climate summit, climate campaigners allege. The EU says it’s one of the…Continue readingEU accused of climate accounting tricks

First cargo from $8 billion Coral South Floating LNG project

Eni, ExxonMobil, and other Area 4 partners have achieved the milestone of shipping the first cargo of liquefied natural gas (LNG) from the $8 billion Coral South floating LNG (FLNG) project…Continue readingFirst cargo from $8 billion Coral South Floating LNG project

COP27 being used to rebrand gas as transitional fuel, experts warn

Gas producers and their financial backers see COP27 as an opportunity for discussions about rebranding natural gas as a transition fuel rather than a fossil fuel, experts have said. Egypt’s goal…Continue readingCOP27 being used to rebrand gas as transitional fuel, experts warn

Biden courted oil companies before threatening them with windfall tax

Before President Biden lambasted oil companies for excess profits and threatened to slap a “windfall tax” on them, several of his top energy advisers privately attempted to woo that same industry…Continue readingBiden courted oil companies before threatening them with windfall tax

Leaders of world’s largest emitters a no-show at COP27

Approximately 90 world leaders are attending COP27 in Sharm El-Sheikh, Egypt from November 6 to 18, 2022. However, key figureheads from some of the globe’s most polluting States are not on…Continue readingLeaders of world’s largest emitters a no-show at COP27

Uganda secures support from ACP-EU for East African crude oil pipeline

The Ugandan government has secured support from the African, Caribbean, Pacific -European Union (ACP-EU) for proceeding with the East African crude oil pipeline project (EACOP), a 1,443km (896 mile) long pipeline…Continue readingUganda secures support from ACP-EU for East African crude oil pipeline

DR Congo’s faltering fight against illegal cobalt mines

At the bottom of a crater in southeastern Democratic Republic of the Congo, 20,000 people work at a cobalt mine, in shifts of 5,000 at a time.Continue readingDR Congo’s faltering fight against illegal cobalt mines

Fossil fuel projects were stalled a year ago. Now they’re making a comeback.

The fossil fuel industry is experiencing a remarkable rebound, with sudden momentum behind more than 80 projects that range from coal-fired power plants to hulking gas export terminals, many of which…Continue readingFossil fuel projects were stalled a year ago. Now they’re making a comeback.

Plastic recycling remains a ‘myth’: Greenpeace study

Plastic recycling rates are declining even as production shoots up, according to a Greenpeace U.S. report out Monday that blasted industry claims of creating an efficient, circular economy as “fiction”. Titled…Continue readingPlastic recycling remains a ‘myth’: Greenpeace study

The magnificent Lake Eyre Basin is threatened by 831 oil and gas wells, and more are planned

The heart-shaped Lake Eyre Basin covers about one-sixth of Australia. It contains one of the few remaining pristine river systems in the world. The Lake Eyre Basin is probably the last…Continue readingThe magnificent Lake Eyre Basin is threatened by 831 oil and gas wells, and more are planned

Corporate polluters fail basic tests

None of the 134 companies assessed for disclosure of climate-related risks passed basic tests. The annual review by independent non-profit Carbon Tracker group found that carbon-intensive companies were not sufficiently disclosing…Continue readingCorporate polluters fail basic tests

Equinor begins production from $3 billion project in Brazil

Norwegian oil and gas major Equinor said that Peregrino phase 2 was executed within the original cost estimate of $3 billion. The phase 2 project is aimed at extending the lifetime…Continue readingEquinor begins production from $3 billion project in Brazil

MidOcean to acquire Tokyo Gas’ stakes in Australian gas projects for $2.1 billion

MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, has agreed to acquire the stakes of Tokyo Gas in four integrated LNG projects in Australia for $2.15…Continue readingMidOcean to acquire Tokyo Gas’ stakes in Australian gas projects for $2.1 billion

UK fracking and oil drilling good for environment, claims climate minister

Fracking and drilling for new oil and gas in the North Sea is green and good for the environment, Liz Truss’s new climate minister said on Wednesday. Graham Stuart insisted that…Continue readingUK fracking and oil drilling good for environment, claims climate minister

China needs $17 trillion to meet climate goals

China needs up to $17 trillion in additional investments for green infrastructure and technology in the power and transport sectors to meet its goal of net-zero emissions by 2060, a World…Continue readingChina needs $17 trillion to meet climate goals

Phantom Forests: Why Ambitious Tree Planting Projects Are Failing

Everybody likes trees. There is no anti-tree lobby. A global push to go beyond conservation of existing forests and start creating new ones goes back to 2011, when many of the…Continue readingPhantom Forests: Why Ambitious Tree Planting Projects Are Failing

ADNOC and TAQA close financing for 3.8 billion dollar decarbonisation of oil and gas extraction

Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company (TAQA) have closed financing for a $3.8 billion project to decarbonise ADNOC’s offshore oil and gas extraction operations. The…Continue readingADNOC and TAQA close financing for 3.8 billion dollar decarbonisation of oil and gas extraction

European countries invest in Qatar gas

France’s TotalEnergies has signed a new investment deal in Qatar’s natural gas production expansion. Speaking alongside TotalEnergies chief executive Patrick Pouyanne on Saturday, Qatar Energy Minister Saad Sherida al-Kaabi announced the…Continue readingEuropean countries invest in Qatar gas

Woodside, Bechtel start construction at Pluto Train 2 project in Australia

Australian petroleum exploration and production company Woodside Energy and US-based engineering company Bechtel have started construction at the Pluto Train 2 project. Pluto Train 2 is the expansion of a second…Continue readingWoodside, Bechtel start construction at Pluto Train 2 project in Australia

Australian Federal Government to back new fossil fuel projects that ‘stack up’ economically and environmentally

The Albanese government will continue to support new fossil fuel projects so long as they “stack up” from an economic and environmental perspective, the federal resources minister says. Madeleine King, in…Continue readingAustralian Federal Government to back new fossil fuel projects that ‘stack up’ economically and environmentally

Rosneft starts production drilling at Payakhskoye field in Russia

Moscow-based integrated energy company Rosneft has started production drilling at the Payakhskoye field on the Taimyr Peninsula in Russia. The field is part of Rosneft’s Vostok Oil strategic project, which is…Continue readingRosneft starts production drilling at Payakhskoye field in Russia

Australian Prime Minister parrots a pro-coal talking point as Ampol offers ‘carbon neutral’ petrol

Supporters of Australia’s coal export industry have been arguing for the past decade that global greenhouse gas emissions would go up if overseas customers had to source coal from another country.…Continue readingAustralian Prime Minister parrots a pro-coal talking point as Ampol offers ‘carbon neutral’ petrol

Australian Prime Minister rules out banning fossil fuel projects

Australian Prime Minister Anthony Albanese says Labor will not support a moratorium on fossil fuel projects. “That’s not in our policy and we won’t be implementing that policy,” Albanese said. “We…Continue readingAustralian Prime Minister rules out banning fossil fuel projects

INPEX gas company and Northern Territory Government sign statement of commitment to a net zero emissions future

INPEX CORPORATION (INPEX) announced it has signed a statement of commitment to a net zero emissions future with the government of Australia’s Northern Territory, where the Ichthys liquid natural gas (LNG)…Continue readingINPEX gas company and Northern Territory Government sign statement of commitment to a net zero emissions future

Cobalt’s human cost: Social consequences of green energy must be assessed in addition to environmental impacts

While driving an electric car has fewer environmental impacts than gasoline-powered cars, the production of the parts necessary for these green technologies can have dire effects on human well-being. After studying…Continue readingCobalt’s human cost: Social consequences of green energy must be assessed in addition to environmental impacts