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Gas lobby keeps Europe hooked on fossil fuels

With deadly wildfires and ferocious hurricanes fresh in their minds, EU negotiators will head to Bonn for COP23, the latest round of UN climate talks. But the head of the delegation, EU Commissioner for Climate and Energy Miguel Arias Cañete,

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World Bank to stop funding oil and gas projects

The President for the World Bank, Jim Yong Kim, said December 12th the institution will stop all lending for oil and gas projects after 2019, with the exception of certain gas projects in the poorest countries facing exceptional circumstances. Even

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World’s biggest sovereign wealth fund proposes ditching oil and gas holdings

The Norwegian central bank, which runs the country’s sovereign wealth fund – the world’s biggest – has told its government it should dump its shares in oil and gas companies, in a move that could have significant consequences for the

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Drilling for Earthquakes

To Cathy Wallace, the earthquakes that have been rattling her tidy suburban home in Dallas feel like underground thunderstorms. First comes a distant roar, then a boom and a jolt. Her house shakes and the windows shudder. Framed prints on

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Oil & gas sector needs to commit to long-term thinking to achieve meaningful cost cuts

A majority of senior oil and gas professionals (56%) believe that the industry is repeating the mistakes of previous downturns and have concerns over the loss of jobs and experience and lack of efficiency, according to a new report published

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Towards Energy Union: The Commission presents sustainable energy security package

The Commission today unveiled a package of energy security measures to equip the EU for global energy transition to address possible energy supply interruptions. Energy security dimension is one of the cornerstones of the Energy Union strategy, a key political

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Governor declares emergency over Los Angeles gas leak

Natural gas has been spewing into the air in the Porter Ranch neighborhood here since late October, sickening residents, prompting thousands to evacuate their homes and pouring greenhouse gas into the atmosphere. Gov. Jerry Brown, faced with mounting public anger

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This €1 billion power plant may never be switched on

Germany’s unprecedented energy shift is turning newly built power plants into white elephants that will never produce any electricity. Once the backbone that underpinned growth in Europe’s biggest economy, coal and gas plants are being marginalized in a new world

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The gas market will become a regional market

We have interviewed Emanuele Belsito, Partner and Managing Director at The Boston Consulting Group, after ENI’s discovery of a gas field off the Egyptian coast, to understand the potential implications of this discovery. What does the gas field discovery mean

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Solar and wind will match gas on cost by 2020, finds UK government body

The Committee on Climate Change reports that low carbon energy sources will be as affordable in the U.K. as gas by 2020, provided gas pays its fair share through a carbon price. The gathering arguments undermining the Conservative’s proposal to

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