Oil
Weekly data: plummeting Russian oil receipts herald the fall of a petrostate
It is a future destined for all countries whose economies remain over-reliant on fossil fuels during the energy transition: plummeting…
OECD leaders under pressure to end export finance for oil and gas
A coalition of more than 175 civil society organisations from over 45 countries has released a joint position urging world…
Big Oil profits soared to nearly $200bn in 2022
Many Big Oil companies are reporting their biggest annual profits ever as they release their results for the fourth quarter…
Opinion: New North Sea exploration licences pose a threat to UK’s future energy security
The North Sea Transition Authority (NSTA), the UK oil and gas regulator, congratulated itself on receiving 115 bids for 256…
Exclusive: Oil majors’ expansion plans pay little heed to net zero
A net-zero future will see the vast majority of the world’s energy produced from renewables such as solar and wind,…
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Exclusive: How just 25 oil companies are set to blow the world’s 1.5°C carbon budget
The future oil and gas extraction plans of just 25 companies are set to blow the world's 1.5°C carbon budget,…
Opinion: How an oil expert heading COP28 could transform climate action
“Climate activists around the world have come to the conclusion that people in authority are not doing their job,” said…
Weekly data: How India’s appetite for cheap Russian oil could hamper its climate ambitions
Indian government officials have been quick to defend India's decision not to comply with Western sanctions against Russian oil, despite…
Weekly data: How one field has transformed Norway’s oil fortunes
The global energy supply crisis has been kind to Norway. With the EU scrambling to source alternative energy sources after…
Why banks are key to turning the tide on oil and gas
At the end of October, just ahead of the COP27 climate conference, Lloyds Banking Group – the UK’s biggest domestic…