The risk models that helped drive one of the most lucrative bets of 2023 are increasingly being tested by...
Oil Majors Offered Faster Nigerian Exit if They Pay for Cleanup, Compensation
Major oil companies, such as Exxon Mobil and Shell, that aim to exit Nigeria's onshore oil can get quicker approval to do so if they take responsibility...
Major oil companies, such as Exxon Mobil and Shell, that aim to exit Nigeria's onshore oil can get quicker approval to do so if they take responsibility...
Article / 8 days ago
Wildfires in Canada's Oil Sands Region Prompts Evacuation Orders
Wildfires erupted across Canada's main oil producing province of Alberta and an evacuation order was issued as the region braces for a repeat of last year's...
Wildfires erupted across Canada's main oil producing province of Alberta and an evacuation order was issued as the region braces for a repeat of last year's...
Article / 21 days ago
‘Zombie Fires' Smoldering Near Oil and Gas Wells Threaten Canada's Drillers
Leftover blazes from last year's record wildfire season in Canada are threatening to knock out almost 3% of the country's natural gas production....
Leftover blazes from last year's record wildfire season in Canada are threatening to knock out almost 3% of the country's natural gas production....
Article / 29 days ago
European States Sign Pledge to Protect North Sea Infrastructure
Britain and other major European countries with maritime borders on the North Sea on Tuesday signed an agreement to work together to protect underwater infrastructure, including from...
Britain and other major European countries with maritime borders on the North Sea on Tuesday signed an agreement to work together to protect underwater infrastructure, including from...
Article / 1 month ago
Zurich Insurance to Halt Coverage of New Fossil-Fuel Exposures
Zurich Insurance Group AG will no longer underwrite new oil and gas projects, and is cracking down on clients planning to expand in metallurgical coal mining....
Zurich Insurance Group AG will no longer underwrite new oil and gas projects, and is cracking down on clients planning to expand in metallurgical coal mining....
Article / 1 month ago
Applied Surety Underwriters Buys Majority of Argo's In-Force Coal, Oil, Gas, Mining Biz
Applied Surety Underwriters (ASU), a subsidiary of Applied Underwriters' United Risk division, announced it will acquire the majority of Argo Surety group's...
Applied Surety Underwriters (ASU), a subsidiary of Applied Underwriters' United Risk division, announced it will acquire the majority of Argo Surety group's...
Article / 1 month ago
Majority of CO2 Emissions Linked to Just 57 Producers: Report
The vast majority of planet-warming carbon dioxide emissions since 2016 can be traced to a group of just 57 fossil fuels and cement producers,...
The vast majority of planet-warming carbon dioxide emissions since 2016 can be traced to a group of just 57 fossil fuels and cement producers,...
Article / 1 month ago
Biden's LNG-Permit Halt Challenged by 16 States in Lawsuit
Texas, Louisiana and more than a dozen other US states challenged the Biden administration's suspension of new licenses to export natural gas via...
Texas, Louisiana and more than a dozen other US states challenged the Biden administration's suspension of new licenses to export natural gas via...
Article / 2 months ago
Swedish Prosecutor Plans Nord Stream Blast Decision This Week
The prosecutor leading Sweden's probe into the Nord Stream gas pipeline blasts in the Baltic Sea in 2022 plans to announce a decision this week on whether to drop the case, press charges or request...
The prosecutor leading Sweden's probe into the Nord Stream gas pipeline blasts in the Baltic Sea in 2022 plans to announce a decision this week on whether to drop the case, press charges or request...
Article / 3 months ago
Repsol Sued in Class Action for $1 Billion Over Peru's Worst Oil Spill
Repsol SA is being sued for $1 billion by an English law firm representing around 35,000 alleged victims for its involvement in Peru's largest oil spill in 2022....
Repsol SA is being sued for $1 billion by an English law firm representing around 35,000 alleged victims for its involvement in Peru's largest oil spill in 2022....
Article / 4 months ago
