Read the latest insights and analysis from the experts at Oil Change International.
Despite an EU commitment to phase out fossil fuel subsidies by 2020, countries across Europe are still subsidising dirty coal boy over €10 billion a year, according to new figures released by the European Commission today.
This week, the Central Java Coal Power Project added to its list of failures, as continued refusal by villagers to sell their land for the proposed coal plant has forced the Indonesian government to yet again extend the deadline for financial closure of the project. This provides yet another reason for the World Bank to intervene.
A proposal to label the dirty tar sands as more polluting than conventional oil has been spectacularly abandoned by the European Commission after a four year lobbying campaign by the Canadians.
There has been a huge amount written over the last few days about the plummeting oil price. One British newspaper is warning of an “oil war” as the price of Brent crude “tanks” on the back of oversupply in the market.
Shell has become the latest western company to cease its activities in Russia due to sanctions imposed on Russia over Ukraine. The oil giant has suspended its operations with its joint venture partner Gazprom Neft to frack Russian shale oil.
Later today, the Spanish nomination for the new EU Energy and Climate Commissioner, Miguel Arias Cañete, will answer questions from Members of the European Parliament (MEPs) about taking up his new influential role.
How about some good news for a change? The end of the dominance of the oil age could be sooner than you think.
There was grim news over the weekend for those fighting Arctic drilling as the Russian energy giant Rosneft announced that it had struck oil in the world’s most northerly well, deep in the Arctic.
It was a day of huge roars but also small whispers, small moments and momentary glimpses of a beautiful future. Seconds-long reminders that we’re not alone, that we’re in this together, that the world is small and big and diverse and unified all at the same time.
Enbridge is side-stepping environmental regulations and corporate taxes in attempts to increase Canadian tar sands exports through the United States.
