Focus on Oil
Dutch court to rule on Shell appeal against landmark climate order
A Dutch court will rule Tuesday on whether to uphold a 2021 mandate for Shell to cut emissions by 45% by 2030.
Multilateral banks are key to financing the fight against global warming. Here is how they work
Multilateral banks play a crucial role in climate finance, but trillions are needed for developing countries' energy transition.
Azerbaijan is the host of the UN’s climate conference, shining a spotlight on the petrostate
Countries will gather in Azerbaijan for COP29 — a place that was one of the birthplaces of the oil industry.
Explainer: Who are the key voices at the COP29 climate summit in Baku?
Nearly 200 countries meet at COP29 in Baku, Azerbaijan, to negotiate climate action with major blocs and leaders.
COP29 host Azerbaijan promoted fossil fuel deals ahead of climate summit, NGO says
A secret video reveals Azerbaijan, COP29 host, offering to discuss potential fossil fuel deals ahead of the climate summit.
US to tighten restrictions on oil, solar and wind energy development to protect sage grouse
Biden proposes tighter energy rules on 6,500 sq miles to protect sage grouse, drawing criticism from environmentalists, industry.
US federal energy revenue falls 10% in 2024, but still among biggest years ever
U.S. federal revenue from energy on public lands fell 10 per cent to $16.4B, driven by softer gas prices and reduced new leasing.
EOG Resources set to boost shareholder returns
EOG Resources plans to raise debt to $5-6 billion, enabling over 100 per cent free-cash-flow returns to shareholders while maintaining a debt-to-EBITDA ratio...
Ottawa faces potential loss if Trans Mountain pipeline sold, say advisors
The pipeline could be worth between $29.6 billion and $33.4 billion.
Scotland’s ban on wood-burning stoves in new homes scrapped
“A ban on wood-burning stoves would have had a devastating effect on our rural and island communities."
