The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary...
Everyone loves low prices, but what the business community values most of all is predictability. The recent volatility in global oil markets — spearheaded by a fight to the death between Saudi...
Oil and gas companies are facing a critical challenge as the world increasingly shifts towards clean energy transitions. Fossil fuels drive the companies’ near-term returns, but failure to address growing calls to...
New Division of Shipley Energy to Provide Unique Heating Options for Eco-Conscious Residents of the Northeast and Beyond
YORK, Penn.--(BUSINESS WIRE)--#carbonneutral--Shipley Energy today announced a new division, Harmony Fuels, that will provide the...
Climate campaigners are taking Norway’s government back to court to oppose its plans to open the Arctic for oil drilling despite a public commitment to tackle the environmental crisis.
Greenpeace Nordic and Norway’s...
While geopolitical tensions in the Middle East Gulf remain high, with US sanctions recently extended to more Iranian officials and a Chinese oil importer, as well as another tanker seizure, oil prices...
The International Energy Agency has launched a new online tool that tracks oil and gas-related sources of methane, a major and often overlooked greenhouse gas. The new “methane tracker” offers the most...
Trudeau doesn't seem to understand what 'climate emergency' means.
Canadian Prime Minister Justin Trudeau is riding a rollercoaster of public opinion these days. Many Canadians were pleased with the House of Commons' declaration...
It's been more than 14 years since Hurricane Ivan made landfall on the Gulf Coast of the United States as a Category 3 storm, with wind speeds approaching 200 kilometers per hour...
Authorities in Norway have formally approved the development and operation of the second phase of the giant Johan Sverdrup oil field.
Developer Equinor says the extension to the field, with planned start-up in...
The former archbishop of Canterbury Rowan Williams has welcomed an “urgent change” by Cambridge University, after it agreed to provide fully costed plans setting out how it could divest multibillion-pound endowments from...
UK offshore oil and gas production has increased by a fifth over the past five years, following 14 years of decline.
That’s according to a new report from Oil and Gas UK (OGUK),...
The US will start exporting more oil than Russia and could potentially overtake Saudi Arabia as the world’s top exporter in the next five years.
The forecast from the International Energy Agency (IEA)...
An oil spill on Massachusetts' Charles River drew a major emergency response Wednesday night, as several fire trucks and emergency vehicles, including a hazmat team, raced to help with the cleanup, 7 News Boston WHDH...
The state of Michigan and Canadian pipeline company Enbridge announced a deal Wednesday to replace controversial aging pipelines that environmental groups worried put Lakes Michigan and Huron at risk for an oil spill, The Detroit Free Press reported.
Under...
They aim to reduce emissions from upstream operations to below 0.25% by 2025.
Thirteen of the world’s biggest oil and gas companies have agreed a first collective target to reduce methane emissions.
They have announced a goal...