The Vatican has invited Big Oil bosses for the second time in a year as part of Pope Francis’s campaign to counter climate change, according to people familiar with the plan. Top…
American gas is hot in Shanghai; American prices, not so much
The world wants US natural gas. American prices, though, it can do without. US gas companies at the LNG2019 conference in Shanghai this week have announced deals to sell a combined 4.5mn…
Global wind power may jump 50% in five years: GWEC
Wind turbine installations are likely to accelerate in the next five years as new markets open across Asia and Africa, jump-starting an industry that to date enjoyed steady but unspectacular growth. Led…
EU: Between an American Rock and a Russian Hard Place
At this moment, shipped and regasified American LNG stands at a higher price than Russian piped gas. Are there any reliable, affordable alternatives available to Nord Stream 2?
Commentary: The mysterious case of disappearing electricity demand
Electricity is at the heart of modern life, and so it’s easy to assume that our reliance on electricity will increase or even accelerate. However, in many advanced economies the data reveals…
China urges LNG industry to deepen collaboration
Chinese industry players say LNG will continue to face competition from other fossil fuels and renewables if the industry cannot work together on commercial challenges LNG’s potential to become Asia’s dominant fuel,…
Shell to leave oil lobby group over climate policy concerns
LONDON (Bloomberg) — Royal Dutch Shell’s position on climate change is misaligned with about half of the trade associations it’s a part of, and the disagreement with one is so severe the…
Regulating deep sea mining
Deep sea mineral exploration is one of the most tightly regulated activities in the ocean. Under international law, exploration, as distinct from marine scientific research (which is open to all States), may…
How are big oil and gas firms approaching the low-carbon transition?
Driven by a history of political lobbying and high-performing growth margins, the oil and gas industry accounts for around 3% of global GDP and more than 50% of global emissions associated with…
The Biggest Saudi Oil Field Is Fading Faster Than Anyone Guessed
It was a state secret and the source of a kingdom’s riches. It was so important that U.S. military planners once debated how to seize it by force. For oil traders, it…