About: oil industry
Investors warned against sudden ‘handbrake’ on high-polluting oil projects
A sudden break on oil drilling caused by last-minute climate action from regulators could halve the value of new projects being developed today, according to fresh analysis published on Friday (31 January).
The attack on Saudi Arabia’s Abqaiq refinery and the realpolitik of oil
After a Saudi oil processing facility came under attack, attention turned on the immediate effect this could have on oil prices. But the worry should be more over the medium term than the short term, writes Robin Mills.
ExxonMobil misled the public. Now they’re trying to mislead the European Parliament
Last month, US oil giant ExxonMobil was invited by the European Parliament to testify publicly about the history of climate change denial. But instead of responding transparently, they tried behind the scenes to discredit the peer-reviewed research conducted by Harvard University researchers, writes Geoffrey Supran.
Big oil’s ‘double speak’ on climate exposed in new report
The world’s five largest listed oil and gas companies have spent more than $1 billion touting their climate credentials since the Paris Agreement was signed, whilst lobbying to protect and expand their fossil fuel operations, according to new analysis published on Friday (22 March).
Europe’s future oil production seen viable at $60 a barrel
Europe is hardly the first place that springs to mind when thinking about the world's major oil producing regions, and there is a perception that the domestic industry has already seen its heyday, particularly in the North Sea.
Statoil VP: ‘Natural gas has a home in the zero-carbon world’
Europe can decarbonise its industry thanks to a combination of natural gas, hydrogen and carbon capture and storage technology, Statoil executive Sonja Chirico Indrebø told EURACTIV Slovakia in an interview.
Fair fuel pricing: A test for Europe’s climate ambitions
Is the EU committed enough to increase taxes on fossil fuels? That is a question that needs to be raised now considering the long-running debate on the best measures, including energy taxation, to reduce greenhouse gas emissions, write Kai Schlegelmilch and Zoltán Szabó.
Anti-biofuel ideologues support the oil status quo
Anti-biofuel ideologues claim to be pro-climate and pro-development. But their positions, in fact, support the oil status quo, the concentration of power in the energy sector in the hands of large multinationals and the decline of the EU farming sector, writes Eric Sievers.