Tag: oil industry
‘You couldn’t make it up’: Head of UAE oil company appointed...
"This appointment risks further undermining the credibility of global climate talks and threatens the action and leadership needed for a rapid and equitable phase out of all fossil fuels."
House Committee wraps up historic investigation into oil industry
The latest tranche of documents caps off a nearly two-year investigation that appears set to come to an end with Republicans taking control of the House of Representatives in January.
How big oil rigs the system to keep winning
The oil and gas industry has refined its techniques to stay a step ahead over decades. And it has no plans to stop anytime soon.
Why the oil industry’s pivot to carbon capture and storage –...
Meanwhile, proven biological solutions with multiple benefits have received far less attention.
Minister branded ‘ridiculous’ for suggesting oil from North Sea project could...
The U.K.’s Scotland Minister David Duguid has been criticized over “nonsense” remarks about the proposed new Cambo oilfield, ahead of a meeting with co-owner Siccar Point Energy.
Fracking’s ‘new religion’ offers false hope
U.S. oil fracking industry is asking investors to have faith that ‘bigger is better’ to try to lure them back into risky shale investments.
New Mexico stuck with $8 billion in cleanup for oil wells,...
The oil industry boasts that it fills state coffers with revenues from drilling, but a new study finds a serious gap in funding available to tackle the environmental legacy of abandoned wells.
Oil industry ‘net-zero’ pledges are an attempt to delay climate action,...
Fossil fuel companies, experts say, “cannot be relied upon to decarbonize at the speed and scale needed” to tackle rising global emissions.
Evidence shows oil industry flaring in Texas being done without permits
“Our state regulators—and our industry—has a long way to go to clean up our act.”
How U.S. crude oil exports are hastening the demise of the...
Not only is the U.S. shale oil industry failing financially and facing debts it likely can’t repay, but calls are growing for the new Biden administration to reinstate the crude oil export ban.