Sunday, 3 August 2025

Focus on Oil

Bernadine Gibson, 82, talks about leaks in her kitching ceiling and how she is looking forward to renovations to the building her family has lived in for 27 years, Monday, Nov. 18, 2024, in Chicago. (AP Photo/Erin Hooley)
AnalysisBuildingsEconomyElectricityEmissionsInfrastructureNatural GasOilPoliticsRegulationsSolarStorageUtilities

US apartment buildings wrap up $1B in HUD funds for lower utility bills and climate upgrades

HUD's $1.4B Green Retrofit Program updates affordable housing, focusing on energy efficiency, cost savings, and climate resilience.

A man in formal wear stands at a podium, giving a speech.
BusinessClimate FinanceCoalEmissionsNatural GasNewsOilUnited Nations

UK joins coalition to phase out fossil fuel subsidies

The UK joins 16 nations in a coalition to phase out fossil fuel subsidies at COP29 in Azerbaijan.

Yalchin Rafiyev, Azerbaijan's COP29 lead negotiator, dressed in formal wear, speaking while seated at a desk.
Climate FinanceCoalFuelNatural GasNewsOilUnited Nations

COP29 talks buoyed by G20 support but fears stoked over fossil fuels backsliding

The G20's support for a strong finance deal at COP29 was welcomed, but concerns arose over fossil fuel commitments.

OEUK’s annual offshore decommissioning report said only 126 wells were decommissioned in 2023 (Andrew Milligan/PA)
BusinessNewsOffshore WindOil

Less offshore energy decommissioning work carried out in UK last year despite higher spend

UK decommissioning spend rose to £1.7bn in 2023, but well closures fell nine per cent, with resource clashes and cost inflation stalling progress.

Liberty Oilfield Services CEO Chris Wright is pictured in Denver, Jan. 17, 2018. (Andy Cross/The Denver Post via AP)
AnalysisBusinessElectricityEmissionsLegislationLiquefied Natural GasNatural GasOilPoliticsRegulationsTrade

What to know about Chris Wright, Trump’s choice to run the Energy Department

Trump’s Energy Secretary pick, Liberty Energy CEO Chris Wright, backs fossil fuels, fracking, and plans to reverse Biden’s climate policies.

The illuminated BP logo shines brightly at a gas station during the night.
BiofuelsBusinessElectricityEmissionsHydrogenNatural GasNewsOffshore WindOilSolarWind

European oil giants step back from renewables path

European oil giants, including BP, cut back on low-carbon power and refocus on oil, gas to revive investor confidence.

North Dakota Gov. Doug Burgum speaks before Republican presidential nominee former President Donald Trump arrives at a campaign rally at Van Andel Arena, Monday, Nov. 4, 2024, in Grand Rapids, Mich. THE CANADIAN PRESS/AP-Paul Sancy
AnalysisBusinessCarbon ManagementEconomyElectricityOilPoliticsRegulationsTrade

Trump’s new energy council could mean trade opportunity for Canada: experts

Trump’s energy-focused administration may open new trade opportunities for Canada amid looming tariffs, experts suggest.

Activists participate in a demonstration for climate finance during the COP29 U.N. Climate Summit.
Climate FinanceEmissionsEnvironmentNatural GasNewsOilRegulationsUnited Nations

COP29: As talks in Baku cross the halfway point, nations are no closer to a goal on cash for climate action

Week one at COP29 in Baku, Azerbaijan saw little progress on climate funding, but more is expected in week two.

President Joe Biden, dressed in formal attire, sits at a table with other officials, all displaying serious expressions.
BiodiversityElectionsEmissionsEnvironmentIndigenousNewsOil

Biden will become the first sitting US president to visit the Amazon rainforest

Joe Biden will be the first U.S. president to visit the Amazon as climate change efforts face setbacks under Trump.

COP29, Baku, November 16, 2024. REUTERS/Maxim Shemetov
Climate FinanceCoalEmissionsNatural GasNewsOilPolitics

UN climate chief asks G20 leaders for boost as finance talks lag

The U.N. urges G20 leaders to back global climate finance at Rio, aiming to boost progress for COP29 talks.

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