June 17, 2020

Energy demand growth was slowing before covid-19, says BP

The oil major’s annual Statistical Review showed that growth in primary energy consumption slowed to 1.3% in 2019.

June 11, 2020

Why renewable energy is overweighted

Demand for oil in 2020 may end up being 10% lower than the previous year.

June 11, 2020

PNG amends mining laws to boost revenue

The country says it would not break legitimate exploration or development contracts or agreements.

June 10, 2020

A $20 billion fund targets dirty bonds in its ESG strategy

MP Pension of Denmark is looking into expanding its blacklist of fossil-fuel assets.

June 8, 2020

Giant spill in Russia offers a glimpse of the Arctic’s future

Investigators have determined that the leakage of of 20.000 tonnes of diesel was caused by damage from thawing permafrost.

June 7, 2020

Vedanta books $1.7 billion loss in Q4 as oil prices plunge

The company took a one-time loss of 171.3 billion rupees in the March quarter, mainly due to an impairment of assets at its Oil & Gas business.

June 5, 2020

Argentina to tender block in world’s top shale gas and oil field

The Vaca Muerta formation holds the world’s second-largest shale gas reserves and the fourth-biggest shale oil reserves.

June 4, 2020

Fossil fuel industry in “terminal decline” — report

The global market value of fossil fuels is set to collapse by almost two-thirds.

June 1, 2020

EPA moves to curb state powers to deny permits for energy projects

The move comes as the Trump administration grows increasingly frustrated with states like California and Washington that it says have misused their authority under the Clean Water Act to halt…

May 28, 2020

Will US shale survive if oil hits $40?

Many analysts and observers remain wary of any premature optimism.