Keywords: Fossil fuels
Chevron reported its strongest quarterly profit in at least six years on Friday, exceeding Wall Street expectations as disruptions in global energy markets helped drive higher earnings for one of the world's largest oil companies. The United States-based energy giant posted adjusted earnings of......
French energy company TotalEnergies has announced plans to appeal a landmark court decision ordering it to align its business strategy with climate change objectives. The company said on Monday that it would challenge the ruling issued by a Paris court, which found that TotalEnergies could be held responsible......
The European Union is stepping up efforts to accelerate the electrification of its economy as part of its long-term strategy to reduce dependence on fossil fuels, strengthen industrial competitiveness, and achieve its climate objectives. The European Commission has presented a new action plan that aims......
Global energy markets have been facing sustained turbulence in recent years, shaped by overlapping crises that include the aftermath of the COVID-19 pandemic, the war in Ukraine, and ongoing geopolitical tensions in the Middle East. These disruptions have raised concerns about supply chain stability,......
As climate-related disasters become more frequent and energy markets remain vulnerable to geopolitical tensions, United Nations Secretary-General Antonio Guterres has renewed calls for a global transition away from fossil fuels. Speaking at an international event in London, he argued that the climate......
Energy companies INEOS Energy and Shell PLC have announced a joint initiative to explore new oil and gas opportunities in the Gulf of Mexico. The collaboration aims to expand offshore exploration and production activities in the region. Focus on offshore exploration The partnership will focus on areas......
Heat related deaths have increased in nearly all parts of Europe as climate change accelerates health risks across the continent, according to a major scientific report released on Earth Day. The findings show that 99.6 percent of monitored regions recorded a rise in heat linked mortality between 2015......
A Belgian court has postponed its decision in a climate-related lawsuit filed against French oil and gas giant TotalEnergies SE. The case, brought by a local farmer, will now see a ruling on September 9, 2026. Hugues Falys, a cattle farmer in Lessines, western Belgium, filed the suit seeking compensation......
Climate activists brought operations at the world’s largest coal export hub to a standstill on Sunday, as hundreds of protesters blocked access to the Port of Newcastle in Australia. According to local broadcaster ABC, the disruption led authorities to halt port activities for three hours and resulted......
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