Indian Oil to invest $13 billion in expanding operations, says “fossil fuels are here to stay”
One of India’s largest oil refining and marketing firms, Indian Oil, announced that it would…
Fossil Fuels
BARC develops biodegradable superabsorbent to soak up oil spills
India’s nuclear research institute, Bhabha Atomic Research Centre (BARC), reported that it has developed a…
Pemex denies any oil spill despite infernal fire in Gulf of Mexico
Mexico’s state-owned oil and gas driller, Pemex, denied that there was any oil spill in…
Adani’s Carmichael mine strikes coal, will export to India starting this year
The controversial Carmichael coal mine in Australia struck coal last week, and it will start…
Climate, security and feasibility concerns stopping investors from financing LNG terminal projects
The dynamic atmosphere that characterised the LNG sector just two years ago now seems like…
Maharashtra says “no new coal”, report estimates Rs16,000 crore in savings by retiring capacities
In a major new development, the state of Maharashtra declared that it would not install…
China, Russia, India, and Australia responsible for 77% of new mine activity: Report
Jharkhand, Chhattisgarh and Odisha account for 83% of India’s coal mining capacity under development Around…
Rebellious shareholders place new members on Exxon’s board to speed up climate action
A major revolt against ExxonMobil by its shareholders managed to place the third new member…
Indonesia and Australia account for more than half of global coal exports in 2020: EMBER report
Emissions from seaborne coal exports from global hubs found to be up to two times…
HSBC’s asset management arm may finance 73 new coal plants despite Paris pledge
New research by Centre for Research on Energy and Clean Air (CREA) suggested that the…