#oil News

A Factory in China at Yangtze River.
All the pieces are in place for China to step forward as a global climate leader, but the country’s next steps could determine whether its ambitious targets bring about substantive change or fade away into greenwashing.
oil burning during controlled fire
Nearly half of the world’s fossil fuel reserves are vulnerable to extreme weather brought on by climate change, according to an assessment published last month by risk consultancy Verisk Maplecroft.
stop climate crime _COP26
The list of climate obstructionists and profiteers is getting longer. Eco-Business shortlists those who made the top headlines.
Oliver Cescotti Biomicrogels Group
The UK-based technology company looks to go public in three years.
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#oil Opinion

Eye of fire
Should an affiliation with the state really allow a company to escape accountability and stakeholder scrutiny?
Burkina-France-Diplomacy
While fossil fuels were powering wealthy nations’ economic growth in the 19th and 20th centuries, many countries across the Global South remained largely impoverished.
Forests cleared along Oregon’s Coast Range in the US
Permanently protecting large, mature forests is a faster and cheaper way to stabilise Earth's climate than complex carbon capture and storage schemes, and more effective than planting new trees.
Drilling for oil. Over two-thirds of public finance for new fossil fuels production is to come from China, Japan, Canada, and South Korea. This included US$12 billion per year for the exploration and extraction of new fossil fuel reserves. Image: Flickr/Sasin Tipchai
We've just celebrated the fifth anniversary of the Paris Climate Agreement. If governments want to limit global warming to 1.5 degrees Celsius, they must address a fundamental issue: plans to expand oil and gas extraction.
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#oil Videos

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.
jakeline romero
A Global Witness report has found that more than 200 people were killed for engaging in peaceful protest against corporate mining, logging, agribusiness and poaching activities last year. The trend is growing.
eb video simple
Want to know more about sustainability reporting, but don't know where to begin? Eco-Business and simpleshow have produced an easy-to-understand clip that explains it all in less than three minutes.
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#oil Podcasts

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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