UN secretary-general Antonio Guterres called on Wednesday for a “windfall” tax on the profits of fossil fuel companies to help pay for the fight against global warming, calling them the “godfathers of climate chaos”.
States which banked "staggering" profits from the high price of oil last year should pay a global windfall levy to help poorer nations in the fight against climate change, former prime minister Gordon Brown has said.
UN secretary-general Antonio Guterres has bluntly challenged the climate efforts of President Joe Biden and other world leaders in a message for a White House summit.
There is a rapidly closing window of opportunity to lower greenhouse gas (GHG) emissions and secure a safe and liveable future for the global population, according to a new UN report.
Under the plan, Gulfsands and its peers could return to their blocks, with appropriate sanction and other approvals. Back with operational control, they could improve oilfield practice – reducing the impact on the environment – while also producing oil.
The Nord Stream pipelines appear to have stopped leaking, according to the Danish Energy Agency, while accusations are thrown over responsibility.
The appeal to raise $80 million to prevent an oil slick disaster off Yemen has come a little closer following a $1.2mn donation from HSA Group.
The United Nations and World Food Programme (WFP) have issued an alarm over the alleged theft of 570,000 litres of fuel in Ethiopia.
The United Nations chief has sharply criticised the "grotesque greed" of oil and gas companies for making record profits from the energy crisis on the back of the world's poorest people, "while destroying our only home".
The UK will provide another £2 million to help the FSO Safer, a deteriorating vessel holding around 1 million barrels of oil offshore Yemen.
The United Nations has begun securing funding commitments to tackle the dangers posed by the FSO Safer, offshore Yemen.
Greenpeace has called for the FSO Safer to be isolated with a boom as a short-term measure to prevent an ecological disaster.
Energy consultancy Wood Mackenzie has unveiled its new head of carbon research.
Libya’s National Oil Corp. (NOC) reassured Schlumberger on September 12 that there was a plan to pay down debts.
Westminster is to fund hotel quarantine stays for delegates travelling to COP26 from red list countries.
The chief executive of BP has added his name to the list of those calling for urgent action following the publication of a worrying climate change study.
The UK offshore oil and gas industry’s representative body has backed a landmark climate paper, hailing it for “adding new impetus” to the energy transition.
An “alarming” new report setting out the impact of climate change on the planet should spell the end for oil and gas, according to a senior international figure.
Groups opposing TotalEnergies’ plan for an East African pipeline have called on insurance and reinsurance brokers to steer clear.
When the oil and gas industry says that we’re part of the solution to the global need to transition to lower carbon energy sources, we mean it, and we evidence it with our actions. However, many people automatically dismiss anything coming from our industry, or label it “greenwashing”.
Yemeni authorities have agreed to allow a United Nations expert mission to the FSO Safer, with the expectation that this will take place early in 2021.
The long-awaited United Nations Climate Change Conference will be a chance to “reset the benchmark” ahead of the worldwide push for net zero, according to one of the leading figures behind the event.
Nicola Sturgeon has warned that climate change, not Covid, remains the “greatest long-term challenge” facing the world ahead of a key international summit in Glasgow next year.
Israel and Lebanon have begun discussions on shared boundaries, under an agreement brokered by the US.
Saudi Arabia has written to the United Nations Security Council warning of an “oil spot” has been detected offshore Yemen.