Fossil Fuels

In one of his last major climate moves, Trump has opened the Arctic National Wildlife Refuge to oil and gas drilling.

Aramco to issue bonds as it seeks to raise cash to fund annual dividend commitments during an oil price slump.

Canada is pushing to build the Keystone XL oil pipeline, but US President-elect Joe Biden has vowed...

Brazil’s carbon emissions surge, moving away from its 2025 target.

Concerns over unemployment and the spectre of renewed lockdowns loom over Saudi Arabia, Egypt and the UAE.

Energy giant Exxon Mobil Corp is facing its biggest crisis since the 1970s as the pandemic guts oil and gas demand.

Layoffs are part of a global reorganisation but most of the job cuts announced on Thursday will fall on Houston, Texas.

Lebanon and Israel this month said they agreed to begin negotiations in what Washington hailed as a ‘historic’ move.

Solar power is set to overtake coal as the world’s main electricity source by 2025, International Energy Agency says.

Environmental group says World Bank invested more than $12bn in fossil fuels since 2015 Paris climate accord.

Oman is to start levying a 5 percent VAT in six months as the country seeks to shore up state finances during pandemic.

Coronavirus curbs have idled diesel-burning heavy goods vehicles, while more commuters use petrol-fuelled cars.

Lebanon’s debt crisis, a debt test in Oman, low oil prices, and giddy Saudi stock valuations among risks.

After being effectively shut down by civil war since January, Libya’s oil industry is slowly gearing up again.