Browsing: fossil fuels

Germany is gearing up to invite bids for new gas-fired power plants this March, taking a bold step to boost energy security amid ongoing market turbulence, a government minister revealed to Bloomberg

Canada’s oil sands are roaring back to life as U.S. shale production hits a plateau. Surging demand and soaring prices are fueling fresh investments, marking a powerful shift in the landscape of North American energy

Germany has dramatically scaled back its planned expansion of gas-fired power plants in a bold move toward decarbonisation, Reuters reports. This strategic pivot aims to perfectly balance energy security with ambitious climate goals, all while investments in clean energy continue to soar

Despite China’s bold push for green energy, coal still reigns as the dominant power source, exposing the complex and challenging reality behind its renewable ambitions. The nation’s “green revolution” remains tightly linked to fossil fuels, highlighting a delicate balance between progress and tradition

Former President Trump’s ambitious push to ramp up fossil fuel production is igniting intense battles with climate advocates, fueling a heated debate over America’s energy future as policymakers struggle to find the right balance between environmental protection and economic growth

Exclusive: The EU is set to slash its reliance on Russian gas in just one year, US energy chief Jennifer Granholm told Reuters, highlighting a swift and remarkable shift as Europe accelerates its drive toward energy diversification

YPF CEO announced a deliberate slowdown in drilling at Argentina’s Vaca Muerta shale, citing tough market conditions and soaring costs. This cautious approach highlights the company’s strategic response to the unpredictable global energy landscape

Adani pledged billions in economic benefits from its Carmichael mine, but to date, it hasn’t paid a single cent in Australian taxes. This raises urgent questions about tax exemptions, corporate structures, and the effectiveness of government oversight

Italy’s Supreme Court has dealt a stunning blow to oil giant ENI, marking a major triumph for environmental advocates. This groundbreaking ruling underscores the growing call for corporations to take serious responsibility in safeguarding both people and the planet, Greenpeace reports

Calls are intensifying for a swift investigation into the lobbying activities of a prominent fracking advocate tied to a major gas company, raising urgent questions about transparency and potential conflicts of interest

Ahead of the UN climate talks, Brazil is rapidly accelerating oil drilling and highway projects in the Amazon, igniting worldwide concern over escalating deforestation and the devastating impact on the planet’s largest rainforest

The North West Shelf gas extension is poised to deliver “almost nothing” to Australia’s public purse, sparking concerns about the surprisingly minimal financial returns despite its massive energy output, reports The Guardian

Japan’s energy landscape is experiencing a remarkable transformation as the government re-evaluates its dependence on fossil fuels and actively pursues greater investments in renewable energy sources. This bold shift not only aims to enhance energy security but also tackles the pressing challenges of climate change head-on.

Exclusive sources reveal that U.S. and Russian officials are actively engaged in crucial discussions to revive the flow of Russian gas supplies to Europe. These talks emerge against a backdrop of escalating energy concerns, as Europe braces for potential shortages with winter fast approaching.

The head of Brazil’s state-controlled oil company, Petrobras, is stirring up controversy with a bold declaration: “drill, baby, drill!” This provocative statement regarding oil exploration in the Amazon has ignited fierce backlash from environmentalists and lawmakers alike. Critics are voicing their concerns that such rhetoric could jeopardize vital conservation efforts in one of the world’s most precious ecosystems.

The European Union is gearing up to unveil a bold initiative: a sweeping ban on Russian gas. This decisive action aims to tighten the noose around Moscow as geopolitical tensions continue to escalate. With this measure, the EU reaffirms its dedication to cutting energy ties and standing firmly with Ukraine in these challenging times.

The battle over oil production in Alberta has reached a boiling point in the wake of the recent Canadian elections, igniting fierce regional tensions between passionate environmental advocates and the powerful fossil fuel industry. This escalating conflict underscores the profound divisions in policy and economic priorities that are shaping the future of the province.

Mendoza province in Argentina is ramping up its oil and gas exploration initiatives, striving to invigorate local economies while navigating environmental challenges. With its abundant resources, this region has the potential to draw substantial investment, paving the way for a transformative era in Argentina’s energy sector.

Japan’s top gas importer is setting its sights on a promising opportunity: acquiring liquefied natural gas from Alaska’s LNG project. This bold strategy is designed to broaden their energy portfolio in response to increasing demand and the unpredictable nature of global gas prices.

The UK government is ramping up its dedication to achieving Net Zero, inviting critics to join in a constructive conversation about climate policies. This daring approach not only strengthens its sustainability ambitions but also tackles pressing issues related to energy security and economic implications.