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East China Sea oil tanker disaster: what it means for the environment

The Iranian oil tanker Sanchi sank off the coast of Shanghai on 14th Jan, after a week of burning and sending plumes of smoke hundreds of metres into the air. Only three bodies of the 32 sailors were recovered. The

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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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The Dakota Access Pipeline is leaking, even before opening

“We told you so”. It’s not a nice thing to say but in the case of the Dakota Access pipeline is right. The pipeline, firmly supported by US President Donald Trump, has already leaked 300 litres of crude oil, despite

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Trump gives green light to Keystone, Dakota access pipelines

President Trump gave the go-ahead for construction of two controversial oil pipelines, the Keystone XL and the Dakota Access. As he signed the paperwork in an Oval Office photo op, Trump said his administration is “going to renegotiate some of

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Oil from BP spill has officially entered the food chain

Researchers in Louisiana have found carbon from the BP Deepwater Horizon oil spill in the feathers and digestive tracts of seaside sparrows, proving for the first time that oil from the disastrous 2010 spill has entered the food chain. The

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Shell’s decommissioning plans another Brent Spar PR disaster?

Shell is preparing to start the decommissioning of its four gigantic oil platforms in the famous Brent field in the Scottish part of the North Sea – a huge undertaking. Unfortunately, write Professor Alex Russell of the Oil Industry Finance

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Oil imports to the U.S. have shifted dramatically over 15 years

While green energy is making inroads particularly at the electrical grid, the majority of energy in the United States is still consumed by the industrial and transportation sectors. Today, it’s still true that about 90% of all energy used for

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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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