China May Lead Iraq Oil Race
China may have sat out the Iraq war, but that does not stop it eyeing up the spoils of war. Desperate to find it new sources of oil to fuel its growing economy, it could be the first country to...
China may have sat out the Iraq war, but that does not stop it eyeing up the spoils of war. Desperate to find it new sources of oil to fuel its growing economy, it could be the first country to...
Environmental groups and indigenous leaders have claimed a dramatic victory after Occidental Petroleum Corp confirmed plans to withdraw from a controversial oil and gas venture in Peru. Occidental's departure, which the company said is contingent on approval by the Peruvian...
We are used to Arnie's muscle winning the day in Hollywood block-busters, but now it seems that the California's Governor has won a different victory. He has managed to split the once united front of the oil companies on climate...
A new report from Climate Trade Watch, which is affiliated to the Transnational Institute, accuses carbon offset companies of using the same sort of ‘future value accounting’ that caused the collapse of energy giant Enron. The report argues that when...
While all countries agreed to transition away from fossil fuels at UN climate talks in Dubai in 2023, fossil fuel interests are peddling massive LNG expansion under the guise of fulfilling energy security needs - creating a roadblock to a...
A new factsheet, UP FOR GRABS: How to raise over £6 billion to support a just transition for North Sea workers, sets out a clear and credible path for the UK government to mobilise £6.7 billion per year in public...
Trump’s illegal war with Iran has already taken a devastating human toll. It could also mean higher energy bills worldwide, while fossil fuel companies, traders and investors get rich.
Market distorting subsidies to fossil fuels contribute to greenhouse gas (GHG) emissions and impede the transition to sustainable, low-carbon development. In 2009, G-20 countries committed to phase out “inefficient” fossil fuel subsidies in an effort to specifically address climate change and boost...
The clean energy picture got a little bit brighter in Canada last week, after the 2017 budget started chipping away at the $1.6 billion in federal subsidies to oil and gas companies each year.
Overall, the MDBs are not financing energy access at nearly a sufficient level to meet the needs of energy-poor communities. Much of the energy access finance that is being provided is being directed to many of the communities that need...