Carbon & Sustainability

BP, PetroChina spin out Iraq’s Rumaila field into new company

Wednesday, August 25, 2021, 6:26 AM MDT

BP plc and PetroChina Co. formed a joint venture to manage the giant Rumaila field in Iraq, an operating structure…

Read Article

State oil companies take their first ungainly steps toward climate neutrality

Tuesday, August 24, 2021, 6:08 AM MDT

Petroleos Mexicanos left investors with more questions than answers after it announced in late July that it would be disclosing…

Read Article

Insurance industry seeks to limit fossil fuel exposure amid growing climate threat

Monday, August 23, 2021, 6:47 AM MDT

With global climate change threatening to wreak havoc on their industry, insurance companies are increasingly looking to limit their exposure…

Read Article

China Three Gorges nears deal for Dubai renewable firm Alcazar

Monday, August 23, 2021, 6:39 AM MDT

State-owned China Three Gorges Corp. is nearing a deal to acquire Dubai-based wind and solar developer Alcazar Energy Partners, people…

Read Article

Alaska ruling shows Big Oil’s uphill battle in climate-fears era

Friday, August 20, 2021, 6:55 AM MDT

Even the climate-conscious Biden administration supported ConocoPhillips’s $6 billion oil development on Alaska’s Northern Slope, but that couldn’t stop a…

Read Article

Norway’s $1.4 trillion wealth fund puts oil stocks on notice

Friday, August 20, 2021, 6:52 AM MDT

The sovereign wealth fund of Norway, which manages $1.4 trillion in assets, said there are oil companies in its portfolio…

Read Article

ADM teams up with Marathon in renewable diesel push

Friday, August 20, 2021, 6:48 AM MDT

Marathon Petroleum Corp. will invest in an Archer Daniels Midland Co. soybean plant to ensure feedstock for biodiesel production, the…

Read Article

Escalating U.S.-China solar rift threatens Biden green goals

Wednesday, August 18, 2021, 6:47 AM MDT

The first big test of Joe Biden’s lofty clean-power ambitions may not be sweeping climate legislation that needs congressional approval,…

Read Article

China approves renewable mega-project for green hydrogen

Wednesday, August 18, 2021, 6:33 AM MDT

The Chinese region of Inner Mongolia has approved a massive power project that will use solar and wind to produce…

Read Article

U.K. plans subsidy-driven hydrogen boost on path to net zero

Tuesday, August 17, 2021, 7:08 AM MDT

Hydrogen could be vital to U.K. efforts to eliminate greenhouse gases by changing the way vehicles are fuelled, factories are…

Read Article

BHP quits oil, piles into potash in overhaul for CEO

Tuesday, August 17, 2021, 6:46 AM MDT

BHP Group unveiled the most sweeping change to its business since the world’s biggest miner was created two decades ago,…

Read Article

Cost to bury carbon near tipping point as emissions price soars

Monday, August 16, 2021, 7:20 AM MDT

Skyrocketing carbon prices and a “code red” warning about the threat posed by climate change are giving fresh momentum to…

Read Article

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.