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...The body is also developing standards to check the targets of oil and gas companies and financial institutions....
...He said there would be “continued demand” for oil and gas, and advocated for a “continuum where in some places you will completely replace the combustion of oil and gas and coal, and other places you’ll...
...Sandhya Ganapathy, head of EDP Renewables North America, called the statements by oil and gas executives a “limited” view of the role renewables will play in the future....
...The nation overtook Qatar to become the largest exporter of liquefied natural gas in the world last year....
...Climate campaigners rejoiced last week when US President Joe Biden froze approvals for new liquefied natural gas terminals that export the fuel....
...Ithaca could acquire all of Eni’s UK upstream oil and gas assets in exchange for new Ithaca stock. Eni would hold 38 to 39 per cent of the enlarged group under the limited details released so far....
...if global warming was to be limited to within internationally agreed levels....
...But that limited concession to the energy sector did little to assuage anger in the industry over Starmer’s plans to instead extend the lifetime of the levy by two years until 2029....
...Acer, the EU’s energy regulator, warned that the bloc still needed to import Russian liquefied natural gas to avoid an energy shock, even as Nordic and Baltic nations argued for an outright ban of purchases...
...My colleague Jamie Smyth interviewed Pennsylvania’s governor, Josh Shapiro, who warned that Joe Biden’s suspension of new liquefied natural gas exports could hurt his election chances in a critical swing...
...Technology transfer is part of the increased resilience, but so is increased efficiency in energy use, particularly in Europe following last year’s natural gas price spike....
...The world’s leading arbiter of corporate climate targets has taken a step back after a staff revolt over its endorsement of controversial carbon credits as a means to address greenhouse gas emissions....
...But little discussed in the campaign is that Mexico remains highly dependent on natural gas imported from the US for its energy mix, another issue on a long to-do list the next leader will have to address...
...While geothermal energy has been around for more than a century, its contribution to renewable deployment has been minimal and limited by geography....
...Saudi Arabia’s production cuts have also limited the availability of similar oil that could be a “typical replacement” for Russian crude, he added....
...Venezuela has the world’s biggest oil reserves, as well as abundant natural gas....
...Natural gas emits less CO₂ than coal when burnt, but its main component, methane, is a more potent greenhouse gas than carbon dioxide, albeit shorter-lived....
...Climate litigation “is not coming up in conversations”, says Oswald Clint, an oil and gas analyst at research company Bernstein. Several factors might explain the lack of investor concern....
...European natural gas prices jumped in early trading on Friday after workers at LNG facilities in Australia, a key liquefied natural gas exporter, began strike action, stoking fears of disruption to global...
...European gas prices jumped on Friday after workers at liquefied natural gas facilities in Australia began strike action, stoking fears of disruption to global supplies....
...That pace of expansion won’t continue: even oil majors have limited appetite for new multi-decade assets given the uncertainties over fossil fuel demand....
...The figures do not compare directly with the 636 lobbyists identified at the previous UN climate summit held last year at Sharm el-Sheikh in Egypt, which was based on more limited data at the time....
...Traders also cited the limited impact on gas and LNG supplies from the conflict between Israel and Hamas as another reason for European gas prices to fall....
...Importing gas in liquefied form meant even countries with limited or no gas reserves of their own could use it....
...European natural gas prices jumped for the second day in a row on Tuesday after Chevron was forced to halt production in a gas field off the coast of Israel, as the country’s conflict with Hamas intensified...
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