Saturday, 22 February 2025
FILE PHOTO: Drilling rigs operate at sunset in Midland, Texas, U.S., February 13, 2019. Picture taken February 13, 2019. REUTERS/Nick Oxford/File Photo
AnalysisClimateCoalEmissionsEnvironmentFuelLiquefied Natural GasLiquefied Petroleum GasNatural GasOilReports

Fossil fuel use, emissions hit records in 2023: Statistical Review of World Energy

LONDON – Global fossil fuel consumption and energy emissions hit all-time highs in 2023, even as fossil fuels’ share of the global energy...

FILE PHOTO: The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
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Singapore’s Temasek to sell Pavilion Energy to Shell

Shell hopes the deal with Temasek will strengthen its position in the liquefied natural gas market.

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Opinion: The world no longer needs new fossil fuels – and the UK could lead the way in making them taboo

Opinion: If governments stop new projects, the production and consumption of fossil fuel will gradually decline over coming decades as existing assets reach...

Labour will have £4.7 billion in annual funding for green policies, according to its manifesto (Andrew Milligan/PA)
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Labour to borrow £3.5bn a year to help fund green policies

At its manifesto launch on Thursday, the party said the extra money will go towards setting up its previously announced state-owned energy investment...

BusinessEconomyElectionsNatural GasNewsOilPolitics

Production starts at Senegal’s first offshore oil project

Senegal's new government, which came to power earlier this year, pledged to review oil and gas contracts with foreign companies, which it described...

FILE PHOTO: Semi trucks drive past a giant U.S. flag displayed at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022. REUTERS/Bing Guan/File Photo
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California seeks company profits in Big Oil climate lawsuit

California's attorney general on Monday sought to force the world's biggest oil companies to give up profits the state alleges they made while...

FILE PHOTO: People are pictured at Waikiki Beach in Honolulu, Hawaii August 25, 2015. REUTERS/Marco Garcia
ClimateCourtsEmissionsNatural GasNewsOilPolitics

Supreme Court seeks US government views on Honolulu climate suit against oil companies

The U.S. Supreme Court on Monday asked President Joe Biden's administration to offer its views on a bid by Sunoco and other oil...

The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier
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Saudi Arabia sets up new Aramco share sale that could raise $13.1B

Saudi Arabia's government on Thursday filed papers to sell a new stake in state oil giant Aramco that could raise as much as...

FILE PHOTO: The installations of liquified natural gas producer Atlantic LNG are pictured in Point Fortin, Trinidad and Tobago, December 10, 2022. REUTERS/Andrea De Silva/File Photo
BusinessEconomyLiquefied Natural GasNatural GasNewsOilPoliticsTrade

BP, Shell and EOG vie for acreage in Trinidad’s oil and gas auction

Trinidad and Tobago received six bids from BP, Shell and US shale producer EOG Resources on four blocks to explore for oil and...

U.S. Senator Sheldon Whitehouse (Democrat of Rhode Island) speaks during a news conference at House Triangle on Capitol Hill in Washington, U.S., April 26, 2023. REUTERS/Tom Brenner/File Photo
BusinessCourtsEmissionsLegislationNatural GasNewsOilPolitics

US lawmakers urge Justice Department to probe climate deception by Big Oil

The U.S. Democrats accuse companies of misleading the public by making promises to reduce emissions while also seeking to protect oil and gas...

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