#oil News

Mukhatar Babayev letter
United Nations climate summit president Mukhtar Babayev highlights the new climate finance target as top priority for the November talks. Will Azerbaijan be able to get the dealmakers, including China, to agree on a price to pay to help developing countries adapt to climate change?
Chris Cattermole
The Malaysian oil and gas logistics firm has committed to decarbonise by 2050. Cattermole joins after four years with consultancy UL Solutions.
Temasek green wall
Driven by Sembcorp's controversial divestment of its Indian coal plants last year, Singapore's state investor – which still has no fossil fuel exclusion policy in place – reported a 5 per cent drop in portfolio emissions from 2010 levels.
Oil spill_Sentosa
Oil was spotted in waters off Changi on Singapore's east coast, four days after a tanker collision near the island state's southern waters. Authorities will assess if habitat restoration efforts are needed.
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#oil Opinion

Chevron's Gorgon CCS plant
Carbon capture and storage has been hailed as a potential way to reduce emissions, but it is more likely to increase them by boosting oil and gas extraction. The cheaper and more effective solution is to move to cleaner forms of energy.
coal power in indonesia
Indonesia's next administration has its work cut out for it to ensure true sustainable development by resolutely committing to cutting fossil fuel subsidies for good.
Sneakers_Sustainable_Fashion
Sportswear, athleisure and sneakers are big business. But they depend on fossil fuel-based materials, and recycling them is particularly tricky.
COP28_in pictures 03
Keeping the planet within ‘safe’ warming limits will require dealing with other planetary boundaries being crossed.

Carbon & Climate

How to salvage COP28

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#oil Videos

GP clocks Shell oil terminal
The action comes despite the oil giant suing the environmental group for US$2.1 million after demonstrators boarded the company’s vessel at the Atlantic Ocean in January.
Mindoro oil spill_fisherfolk clean up
A coalition of scientists and environmentalists found “widespread economic impacts” for communities in the Philippine province, heightening calls for accountability from the sunken tanker reportedly chartered by a San Miguel Corp subsidiary.
fossil fuel warning on greenwash ads
In the video, environmental law group ClientEarth compares the oil and gas giant's advertisements on its low-carbon investments to a burger chain claiming that they’re vegan because they’ve got salad on the menu.
screen capture our home DONG energy
DONG Energy’s shift to 100 per cent renewable energy marks another important step in the global transition away from fossil fuels.
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#oil Podcasts

The EB Podcast Petronas COP28
The oil and gas sector needs to cut operational emissions faster, Charlotte Wolff-Bye tells the Eco-Business podcast. But slashing fuel output won’t do for the Asian supplier, and it welcomes respectful debate at the climate summit.
The Eco-Business Podcast
Eco-Business talks to Peter Kiernan, lead energy analyst for the Economist Intelligence Unit, to unpack a new landmark report from the International Energy Agency, which proposes an immediate ban on fossil fuels extraction to curb global warming.
Malampaya natural gas2
The Philippines has ended new coal development as it pursues a low-carbon future. Don Paulino of non-profit Philippine Energy Independence Council and boss of Shell's exploration arm, argues why natural gas should remain in the energy mix.
Oil clumps on a beach in the resort island of Bintan, Indonesia, near Singapore.
The waste oil dumped into the ocean by ships every year is equivalent to eight Exxon Valdez oil spills, and nowhere is the problem as severe as Southeast Asia. The EB Podcast talks to hotelier Andrew Dixon about how a clever idea using a ship tracking system can help curb an environmental crime that has been largely ignored.
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