A victory by Republican Donald Trump in the US presidential election threatens $1 trillion in energy investments and future support for low-carbon energy sources, according to a Wood Mackenzie report.
Politicians are vowing to roll back green policies and downplaying climate change ahead of key elections on both sides of the Atlantic, casting doubt on whether countries can maintain momentum in the transition away from fossil fuels.
With Covid-19 continuing to impact the profitability of the supermajors, Ano Kuhanathan, sector advisor at trade credit insurer, Euler Hermes, argues that now is the time for the supermajors/Big Oil to start spinning off their renewables divisions.
US President Joe Biden has signed an executive order to tackle climate change, as part of which the US will move away from funding fossil fuel-based energy internationally.
China’s biggest offshore driller is being targeted in the final days of President Donald Trump’s administration for its activity in the South China Sea.
The Joe Biden climate plan, Energy sector experts breakdown what to expect as the new US President looks to change the country's climate change stance.
Shell will push for the reversal of President Donald Trump’s rollback of methane emissions rules and the introduction of carbon pricing when Joe Biden moves into the White House next year.
President-elect Joe Biden plans to push for the most progressive climate policy the U.S. has ever had, aligning the world’s second-largest carbon emitter with a growing group of nations aggressively tackling global warming.
The next U.S. president will have to come to terms with “the will of the Iranian people” and end the economic war against the Islamic Republic, Iranian President Hassan Rouhani said in a speech Thursday. Bluster aside, there is a kernel of truth to his prediction — and President Donald Trump’s Iran policy may make negotiations easier for President-elect Joe Biden.
The plan from Presidential hopeful Joe Biden plan to “transition” away from oil and gas “does not sound very revolutionary”, according to an Aberdeen University professor.
In an unusual political statement from one of the world’s largest oil producers, Exxon Mobil Corp. posted on Twitter late Monday to clarify that it never spoke with U.S. President Donald Trump about a contribution to his campaign.
Oil jumped the most since May in New York as President Donald Trump’s prognosis seemed to improve and stirred optimism over the possibility of an economic relief deal in Washington.
Israel, the United Arab Emirates and Bahrain have signed a peace agreement that marks a step towards normalising diplomatic relationships in the Middle East.
The Trump administration gave final approval on Monday for a contentious oil and gas leasing plan on the coastal plain of Alaska's Arctic National Wildlife Refuge, where critics worry about the industry's impact on polar bears, caribou and other wildlife.
President Donald Trump said his administration is working on a plan to make money available to the oil industry to prevent the loss of jobs after prices plunged below zero.
After a week-long marathon of calls between world leaders and video conferences featuring dozens of energy ministers, it was the moment the 2020 oil price war finally ended.
The world’s top oil producers pulled off a historic deal to cut global petroleum output by nearly a 10th, putting an end to the devastating price war that brought the energy industry to its knees.
US President Donald Trump’s call for a 10 million barrel per day – or even 15mn bpd – cut drove up oil prices last week but weak demand continues to run the show, with little respite expected from talks due to take place this week.
Oil jumped more than 11% in London as OPEC+ scheduled an urgent meeting next week to try and stem the crude market’s rout, with an output cut of 10 million barrels a day of global production being discussed.