The US and Saudi Arabia have reduced investment in oil and gas supply, putting consuming countries in front of their responsibilities by forcing them to act and deliver on their COP28 pledges, writes Thierry Bros.
Given its limited supply, green hydrogen must be reserved for hard-to-decarbonise sectors such as aviation and shipping, rather than directed towards sectors that can be electrified, writes Aoife O’Leary.
As Davos deliberates on the world's economic future, the call from Kyiv is resolute: put an end to Russian oil and gas, and you will not only end the war in Ukraine but also slow the spread of autocracy and speed up the global energy transition, write Svitlana Romanko and Oleh Savytskyi.
Big banks are putting people and the planet at risk by continuing to finance fossil fuels. Banks lent $684 billion to the fossil fuel sector in 2022, which is inconsistent with the Paris Agreement, writes David Tong.
There appears to be a growing acceptance among EU officials that preaching fossil fuel abstinence to others as the bloc pursues alternatives to Russian gas will not wash.
A US House investigation shows how major fossil fuel companies contradict their public messages in favour of climate action while seeking to undermine or sabotage climate measures to protect their profits, writes Chloé Mikolajczak.
A more effective solution than an oil import ban is to implement a stiff per-volume tariff on imports of Russian petroleum products by creating a kind of buyer cartel, writes Robin Mills.
As the Kremlin cuts natural-gas deliveries to European Union countries, the EU should waste no time closing a loophole in its oil embargo against Russia, write Martin Vladimirov and Kostantsa Rangelova.
Germany, France and Poland must offer political leadership on the Ukraine crisis, starting with finalising an embargo on Russian oil, writes Marcin Korolec.
The new REPowerEU Plan presented last week by the European Commission is the latest proposal of measures that would speed up the transformation of Europe’s energy landscape.
EU lawmakers have a chance to mitigate the dangers posed by extractives. Oil, gas, and mining operations present major risks and need stricter controls, write Elisa Peter and Robert Pitman.
Integrating cycling into Europe's primary transport arteries - the TEN-T network - will help to cut emissions while reducing the EU's dependence on foreign fossil fuels, writes Philip Amaral.
Europe must fully displace Russian coal, oil and gas as fast as possible. The only option is to initiate a three-step embargo on Russian energy commodities imports to the EU – coal immediately, oil in the coming weeks, and gas by the end of the year, writes Thierry Bros.
European motorists' are unwittingly funding Russia's invasion of Ukraine at the petrol pump. The EU has a moral obligation to radically reduce its Russian oil imports by 2025, argue Marcin Korolec and William Todts.
Despite coming a long way in becoming more energy independent, the Baltics still heavily rely on imported crude oil for their military and civil fuel demand. This could prove to be a challenge in the event of a regional crisis as seaborne oil shipments might face disruptions, argues Lukas Trakimavičius and Christophe Nave.
By unveiling the ambitious climate package “Fit for 55”, the European Commission showed that the EU’s climate law adopted in April can have teeth. The proposed overhaul of the EU’s regulatory environment is necessary to deliver on the promise to …
LUKOIL has completed working out scenarios for changing global oil demand, which has been prepared as part of its climate strategy development. Vagit Alekperov, the co-owner and president of the company, announced it at a conference call on March 10. Alekperov …
Oil and gas companies throughout the supply chain need to do much more to bring down methane emissions immediately. And they can, writes Maarten Wetselaar.
In the wake of an escalating global oil industry crisis, drastic global energy law reforms are more needed than ever in order to salvage a viable energy transition, argue Vicente López-Ibor Mayor and Raphael Heffron.
The Russian oil sector seems to be in dire need of seeing the end of Western sanctions, even more than it has been so far, and there is no doubt that they will try to use the current circumstances to change EU countries' stance on the policy towards Moscow, writes Mateusz Kubiak.
Although the oil price war was triggered by the Russia-Saudi fall-out, US shale will be the first casualty, writes Robin Mills. In the process, the US will learn that producing a lot of oil at high prices is not the “energy dominance” it has made a centrepiece of foreign policy, he argues.
The Aramco public offering gives China an opportunity to gain a foothold at the center of the global oil industry. According to Joseph Dana, the move is part of a longer-term attempt by Beijing to challenge the dollar’s dominance as the world’s universal currency.
After a Saudi oil processing facility came under attack, attention turned on the immediate effect this could have on oil prices. But the worry should be more over the medium term than the short term, writes Robin Mills.
When shares in Saudi Aramco eventually go public, there will doubtless be a feeding frenzy on what promises to be the largest initial public offering ever seen. More significantly, the move would also signal Saudi Arabia’s recognition that sunset for fossil fuel is just over the horizon, writes Jonathan Gornall.
