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Search Results for Oil
Greenpeace Protestors Board North Sea Oil Rig in Protest Against BP
Greenpeace climate activists have boarded an oil rig being towed out to the North Sea to protest against continued fossil fuel exploration. Two campaigners climbed onto the 27,000-tonne platform from a boat as it was being taken out of the…
Norway Approves Extension to Giant Oil Field
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 2022, will increase production from 440,000 barrels…
Planned $4.9tn Oil and Gas Investment ‘Not Compatible with Climate Goals’
A planned investment of $4.9 trillion (£3.8tn) in new oil and gas exploration and extraction over the next decade is incompatible with international climate obligations. That’s according to new analysis by Global Witness, which claims any fossil fuel production and…
UK Offshore Oil and Gas Production up by a Fifth over past Five Years
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), which suggests momentum is again building around…
European Commission Concludes Palm Oil Is Environmentally Damaging
The European Commission has concluded palm oil is environmentally damaging and results in excessive deforestation. The decision means it is likely to be removed from transport biofuels as it will not contribute to EU renewable transport targets for national governments.…
Could US Overtake Saudi Arabia as World’s Top Oil Exporter?
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) comes after a “spectacular growth” of 2.2…
Oil Spill From Shipwreck Threatens Solomon Islands’ World Heritage Site
The Solomon Islands prime minister has asked Australia for emergency help cleaning up an environmental disaster after oil spilled from a bulk carrier that ran aground on a coral reef near a world heritage area. The MV Solomon Trader had…