A report by the International Energy Agency says immediate action is needed to reshape the world’s energy sector in order to meet ambitious climate goals by 2050, including ending investments Continue Reading
Energy groups must stop all new oil and gas exploration projects from this year if global warming is to be kept in check, the International Energy Agency said. The proposal is Continue Reading
Nations around the world would need to immediately stop approving new coal-fired power plants and new oil and gas fields and quickly phase out gasoline-powered vehicles if they want to Continue Reading
To limit climate change, by 2030 the world must install the equivalent of the current largest solar park — every day. The rate of energy efficiency improvements will have to Continue Reading
The year 2020 was a watershed moment for the fossil fuel sector. Faced with a global pandemic, severe demand shocks, and a shift towards renewable energy, experts warned that nearly Continue Reading
The International Energy Agency has unveiled what it describes as the world’s first comprehensive road map to reach net-zero greenhouse gas emissions by 2050. Not registered? Receive daily email alerts, Continue Reading
A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up. Mattress Continue Reading
The number of global commercial flights has more than doubled since this time last year, while U.S. traveler throughput has jumped six-fold since May 2020, suggesting that global jet fuel Continue Reading
The US Energy Information Administration increased its projection for month-on-month growth in US unconventional oil output for May by more than sevenfold in its latest Drilling Productivity Report. Receive daily Continue Reading
The world stands on the cusp of an oil supply crisis. Years of insufficient investment in offshore mega-projects combined with the end of U.S. shale hyper-growth and a recent shift Continue Reading
