Advocates expressed alarm as new project drills deeper into ocean bed, pointing to company’s failures at Deepwater Horizon spill
Environmental groups have sued the Trump administration over its approval of BP’s huge new ultra-deep oil drilling project in the Gulf of Mexico, 16 years to the day since the company’s Deepwater Horizon disaster caused the worst oil spill in US history.
Continue reading...Exclusive: research finds Jackdaw field would provide only about 2% of current demand, and Rosebank only 1%
Opening major new fields in the North Sea would make almost no difference to the UK’s reliance on gas imports, research has shown.
The Jackdaw field, one of the largest unexploited gasfields in the North Sea, would displace only 2% of the UK’s current imports of gas, which would leave the UK still almost entirely dependent on supplies from Norway and a few other sources.
Continue reading...Critics say exemption for fossil fuels exploits White House’s ‘self-made gas crisis’, and could doom the rare Rice’s whale
A US government panel on Tuesday exempted oil and gas drilling in the Gulf of Mexico from the Endangered Species Act (ESA), a move which critics say could doom a rare whale species and harm other marine life.
The Endangered Species Committee – which had not convened in more than three decades – voted to approve the request for the ESA exemption at the request of the defense secretary, Pete Hegseth.
Continue reading...Exclusive: Findings cast doubt on claims new drilling would help cut bills and boost energy security, researchers say
Hundreds of licences granted for new oil and gas projects in the North Sea under the Conservatives have so far produced only 36 days’ worth of gas, according to analysis.
Research by the energy consultancy Voar and the campaign group Uplift found that between 2010 and 2024, the government handed out hundreds of new North Sea oil and gas licences in seven licensing rounds.
Continue reading...From a shop owner in India to a community worker in New South Wales, rising fuel prices are forcing people to ration oil usage
Alagesan, 35, needs liquefied petroleum gas (LPG) to run his roadside drink and snack shop in Coimbatore, India, but with the fuel shortage since the US-Israel attacks on Iran, he worries his business could fold.
“I am far away from the Middle East, but my life is affected,” he said. “The gas cylinder is not available because of the war. I don’t know what to do.”
Continue reading...Robert Habeck says world has moved on from weaponising energy to using tariffs, technology and more to inflict harm
The weaponisation of energy when Russia invaded Ukraine has given way to “weaponising everything” since Donald Trump returned to the White House, Germany’s former economy minister has said.
Robert Habeck, the Green politician responsible for keeping the lights on during the last energy crisis, said the belief gas “would never be a political weapon” led successive German governments blindly into Putin’s trap by building the Nord Stream pipelines and selling strategic reserves to Gazprom, which Russia emptied before the invasion.
Continue reading...Exclusive: Oil at $100 a barrel means higher prices in the EU and UK, making savings for those with electric vehicles even greater, analysts say
European drivers face paying an extra €220 (£190) a year at the pumps because of the surge in oil prices caused by the war in Iran, analysts have warned. In the UK, a separate estimate puts the cost at an extra £140.
A sustained oil price of $100 a barrel, the level seen on Monday, would mean motorists in the EU paying €55bn more over a year, researchers at the Transport & Environment (T&E) thinktank estimated. That is the equivalent of an average of €220 for each driver, with higher-mileage drivers facing even bigger hikes. The assessment was made by comparing data from 2022, when Russia’s invasion of Ukraine pushed the oil price to the $100 mark, with data from 2017-2019.
Continue reading...Exclusive: Oil at $100 a barrel means higher prices in the EU and UK, making savings for those with electric vehicles even greater, analysts say
European drivers face paying an extra €220 (£190) a year at the pumps because of the surge in oil prices caused by the war in Iran, analysts have warned. In the UK, a separate estimate puts the cost at an extra £140.
A sustained oil price of $100 a barrel, the level seen on Monday, would mean motorists in the EU paying €55bn more over a year, researchers at the Transport & Environment (T&E) thinktank estimated. That is the equivalent of an average of €220 for each driver, with higher-mileage drivers facing even bigger hikes. The assessment was made by comparing data from 2022, when Russia’s invasion of Ukraine pushed the oil price to the $100 mark, with data from 2017-2019.
Continue reading...Despite rare act of multilateralism, there is no guarantee the IEA’s release of 400m barrels from reserves will depress prices
IEA poised to call for largest ever release of stockpiled oil to reduce price
How the Iran conflict could affect energy prices – video explainer
When the global economy was still in the grip of the devastating 1970s oil crises, exposing the chokehold exerted by a few important oil states, the International Energy Agency (IEA) was created, in the hope of limiting future shocks.
Almost half a century on, the IEA’s 32 members have drawn up plans to hit the emergency button, for only the fifth time in its history.
Continue reading...Saudi Arabian state oil firm calls crisis by far the biggest the region has seen but firm can reroute 70% of exports and tap crude held in storage
Saudi Arabia’s state oil company has warned of “catastrophic consequences” for the world’s oil markets if the US-Israeli war with Iran continues to block shipping in the strait of Hormuz.
The world’s biggest oil exporter expects to be able to supply the market with about 70% of its usual crude output despite the stranglehold on the vital trade artery, but its chief executive warned that there would still be “drastic” consequences for the world economy if the disruption continues.
Continue reading...South-east Asian country limits air conditioning and travel for public officials amid soaring fuel prices
The Philippines is searching for ways to conserve energy in response to surging fuel costs, with public officials ordered to cut back on air conditioning usage and reduce travel.
All national government agencies, state universities and colleges, and local government branches have been told to reduce fuel consumption by at least 10% in response to the crisis in the Middle East.
Government offices have been told to adopt flexible work arrangements, and to set air conditioning units no lower than 24 degrees.
Beijing’s foreign ministry urges ‘all parties’ to avoid escalation as number of crossings drops 60% in one day
The Chinese government has called for vessels passing through the strait of Hormuz to be protected by all sides in the escalating Iran conflict, as shipping freight rates soared.
Maritime traffic through the strait – a narrow channel on Iran’s southern border that connects the Persian Gulf with the Gulf of Oman – has effectively been closed since the US and Israel launched missile attacks on Iran at the weekend, prompting a retaliation from Tehran.
Continue reading...One in every 25 participants at 2025 UN climate summit is a fossil fuel lobbyist, according to Kick Big Polluters Out
More than 1,600 fossil fuel lobbyists have been granted access to the Cop30 climate negotiations in Belém, significantly outnumbering every single country’s delegation apart from the host Brazil, new analysis has found.
One in every 25 participants at this year’s UN climate summit is a fossil fuel lobbyist, according to the analysis by the Kick Big Polluters Out (KBPO) coalition, raising serious questions about the corporate capture and credibility of the annual Cop negotiations.
Continue reading...Policy body calls for western-backed investigation into oil officials known to be at heart of illegal enterprise
A surge in state-sanctioned fuel smuggling between 2022 and 2024 cost the Libyan people about $20bn (£15bn) in lost revenue – an alarming sum that demands decisive international sanctions against those responsible, according to the most comprehensive report published on how Libya’s primary revenue source has been systematically pillaged.
The report by the investigative and policy body the Sentry states that “politicians and security leaders who claim to serve the public and fight organised crime have, in fact, acted as the chief architects of Libya’s fuel-smuggling industry, often with backing from foreign states”. Some of the imported fuel has also been smuggled into Sudan, where it has prolonged that country’s civil war.
Continue reading...Australia stopped buying fuel directly from Russia after its invasion of Ukraine but has imported more than 3m tonnes of its oil products since 2023
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Millions of tonnes of Russian oil have been traded through a port part-owned by Macquarie Bank and potentially sold on to Australian businesses, new data shows.
The identification of a new link between Australia and the trade in Russian-origin products exposes further gaps in government sanctions, as Australia lags behind the EU and the UK in tightening import rules.
Continue reading...Oil firm asks court to block enforcement of laws that would require disclosure of planet-heating carbon emissions
Exxon, an oil firm consistently ranked among the world’s top contributors to global carbon emissions, is suing the state of California over two climate-focused state laws, arguing that the rules infringe upon the corporation’s right to free speech.
The 2023 laws, known collectively as the California Climate Accountability Package, will require large companies doing business in the state to disclose both their planet-heating carbon emissions and their climate-related financial risks, or face annual penalties.
Continue reading...US and Qatar say new rules will hinder imports of LNG, posing ‘existential threat’ to European economies
The US has demanded that the European Union roll back its climate and human rights rules in order to allow greater imports of liquefied natural gas (LNG), as the Trump administration approved a controversial gas export hub along the Gulf of Mexico coast.
A letter jointly sent by the US and Qatar, two of the three largest LNG exporters in the world, warned the EU that its new rules pose an “existential threat” to European economies as they would hinder imports of gas from countries such as theirs.
Continue reading...Lobbyists attended 48% more meetings than Tories, as Labour accused of giving them ‘backstage pass’
Government ministers met representatives from the fossil fuel industry more than 500 times during their first year in power – equivalent to twice every working day, according to new research.
The analysis found that fossil fuel lobbyists were present at 48% more ministerial meetings during Labour’s first year in power than under the Conservatives in 2023.
Ministers at the Department for Energy Security and Net Zero (DESNZ) met fossil fuel lobbyists 274 times, with industry figures present at almost a quarter of meetings.
Ed Miliband, the secretary for energy and climate change, met fossil fuel lobbyists 250 times – with a third of all his meetings attended by industry figures.
During the same period DESNZ ministers met trade union representatives 61 times
Three fossil fuel companies: BP, Shell and Equinor , met ministers 100 times between them.
Fossil fuel lobbyists attended almost every government meeting about the energy profits levy, a temporary windfall tax on the “extraordinary profits” of North Sea oil and gas companies.
Continue reading...Report looks at White House nominees and appointees and agencies dictating energy, environment and climate policy
Donald Trump has placed dozens of people with ties to the fossil fuel sector in his administration, including more than 40 who have directly worked for oil, gas or coal companies, according to a new analysis.
The report from Public Citizen, a consumer advocacy and ethics non-profit that has been critical of the Trump administration, alongside the Revolving Door Project, a corporate watchdog, analyzed the backgrounds of nominees and appointees within the White House and eight agencies dictating energy, environmental and climate policy. That includes the Environmental Protection Agency, the interior and energy departments and others.
Continue reading...Emergency services attending scenes after receiving multiple reports of an explosion, according to US media
A fire broke out at Chevron’s El Segundo refinery, California governor Gavin Newsom’s press office said, with a county official adding that the flames had been confined to one area.
The cause of the blaze was not clear, the Los Angeles Times reported, while CBS said firefighters were called to the refinery in Los Angeles county after reports of an explosion.
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