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...party has been accused of backtracking on efforts to tackle climate change after Prime Minister Rishi Sunak rolled back a series of green measures and drew up legislation to encourage more oil and gas drilling...
...A request by state-controlled oil company Petrobras to conduct exploratory drilling in the Equatorial Margin offshore zone, which stretches across the coastline of six impoverished Amazonian states, was...
...The rejection of the drilling plan also dismayed local politicians from coastal areas that stand to benefit from jobs and royalties if production eventually goes ahead....
...Analysts will be watching shale companies’ drilling plans this earnings season for signs of a renewed focus on growth....
...Prices have encouraged more drilling activity, but US gas production has not kept pace with demand....
...not increase drilling....
...Coastal states such as New Jersey and New York have also set their own targets for offshore wind power....
...“It’s not so easy to increase drilling, even if Europe needs the gas.”...
...Norway is a coastal state from north to south, we have our rights and obligations to look after our economic zone and the activities in that zone,” he said....
...The $158bn asset manager has also taken security over a coastal resort dreamt up by Evergrande more than a decade ago in mainland China, on the Yellow Sea about two hours’ drive from Shanghai....
...They are also clearly more comfortable with drilling than renewables: Shell’s 2021 capital expenditure strategy called for putting $2bn-$3bn into renewables and $12bn in oil and gas....
...By picking the coastal city of Luleå for what will soon be 100,000 square metres of server facilities, the social media group will be able to lower both the energy required to cool its servers and its greenhouse...
..., a Denver-based drilling company....
...The hope is that if the industry tackles methane emissions, as many companies have pledged to, it can still play a role....
...Monday’s decision puts into effect a 2017 law that authorised the development of a 1.56 million-acre chunk of the reserve known as the Coastal Plain....
...at more than $11bn, and the Trump administration has moved to open part of the Arctic wildlife refuge for oil drilling....
...A Michigan native, with years of experience dealing with the Detroit auto industry, she will be able to bring the climate change narrative to parts of the country that coastal liberals have often failed...
...The oil company has tapped debt markets, launched an initial public offering for its retail arm and brought international investors into its drilling, refining and trading businesses....
...“And these projects will be close to demand centres like Boston, New York and all these coastal cities.”...
...Shares in clean power companies have soared as Mr Biden’s polling figures have climbed....
...Ian McIntosh, the chief executive of Louis Dreyfus Company, is retiring from the agricultural trading company less than two years after taking the position....
...“The only way to protect coastal communities and the Great Australian Bight’s unique marine life is to rule out drilling permanently,” said David Ritter, chief executive of Greenpeace Australia Pacific....
...EP Energy, whose drilling activities are focused on Texas and Utah, had been acquired by an investor group led by Apollo in 2012 for $7.2bn....
...Mr Trump has not been as vocal on ramping up drilling as he might have been — even reversing course to extend bans off the coast of the US south-east....
...“As [drilling] activity [from other oil companies] increases, this can probably happen again. It sets a precedent,” he said....
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