Oil sunk as investors weighed developments in ongoing talks between world powers on a revival of the Iran nuclear deal. (Bloomberg) — Oil sunk as investors weighed developments in ongoing Continue Reading
Brent crude topped $70 a barrel in London for the first time since mid-March amid signs that recovering consumption has whittled away a glut of oil that built up last Continue Reading
Cargo ships have been delivering their loads later than ever this year, adding to the supply-chain woes that are undercutting efforts by retailers and manufacturers to capitalize on resurgent economic Continue Reading
Ours is a global society accustomed to eternal debate and marginal change distributed over many years. But it won’t do in the era of climate change.That’s the message of the Continue Reading
The IEA made headlines today when it suggested that there should be no new oil and gas investments after 2021… If that were to happen – with a supply crunch Continue Reading
The world has a choice — stop developing new oil, gas and coal fields today or face a dangerous rise in global temperatures. That’s the bold assessment from the International Energy Continue Reading
The International Energy Agency, which has stepped up its efforts to become a major green energy supporter, appears to have forgotten the reason it was set up as an agency Continue Reading
Investment in new fossil-fuel supply projects must immediately cease if the world is going to slash net carbon emissions to zero by 2050, the International Energy Agency said Tuesday. The Continue Reading
Global demand for hydrogen would need to more than double from its existing level of consumption to 212 million mt by 2030 if the world is attain climate-change goals, the Continue Reading
In more than five years since the world agreed to limit warming temperatures, banks have poured more than $3.6 trillion into fossil fuel—almost three times more than total bonds and Continue Reading
