Search Results for Oil
China’s Slowdown is Weighing on the Outlook for Global Oil Demand Growth
Monthly data reported by countries representing 80 percent of global oil demand for the first six months of 2024 are now available. The data confirm the sharp slowdown in the rate of growth in oil consumption. Global demand rose by…
UNESCO raises global alarm on the rapid degradation of soils
UNESCO is warning that 90 per cent of the planet’s land surface could be degraded by 2050, with major risks for biodiversity and human life. At an international conference in Agadir (Morocco), Audrey Azoulay, Director-General of UNESCO, appealed to the…
Soil Monitoring Law: EU on the Pathway to Gealthy Soils by 2050
The general approach reached by the Council today aims to make soil health monitoring obligatory, provides guiding principles for sustainable soil management and addresses situations where soil contamination poses unacceptable health and environment risks. Healthy soils are the foundation for…
Oil Spills Pose a Bigger Threat to Freshwater Ecosystems
Oil spills are a major environmental problem that occurs every year worldwide, affecting oceans, seas, rivers, and lakes. Although the world is familiar with the issues and changes in salt water, the effects oil spills have on freshwater are less…
Soil health: Parliament sets out measures to achieve healthy soils by 2050
To improve the health of EU soils, MEPs support efforts to monitor and improve the soil ecological status in the EU. Parliament on Wednesday adopted its position on the Commission proposal for a Soil Monitoring Law, the first-ever dedicated piece…
Oil Demand Growing at a Slower Pace as Post-Covid Rebound Runs its Course
Global oil demand growoilth is currently in the midst of a slowdown and is expected to ease to 1.2 million barrels a day (mb/d) this year and 1.1 mb/d in 2025 – bringing a peak in consumption into view this…
ESG In the Oil Industry – Sustainable Business Implies Responsibility
The focus of the last United Nations Summit on Sustainable Development Goals, which took place in mid-September, was precisely on fulfilling these goals. Officials warn that the situation is slowly but surely becoming alarming regarding the deadlines defined by the…