oil

World Bank to stop financing oil, gas projects from 2019

Posted in Business on 14th Dec, 2017
by Alex Muller

The World Bank will stop financing oil and gas exploration and extraction from 2019, it announced Tuesday, seeking to boost the global economy's shift to clean energy.

New Alaskan oil discovery boost Alaska oil reserves by nearly double and should begin production by 2022

Posted in Business on 9th Oct, 2016
by Alex Muller

Smith Bay ranks as one of the worlds largest recent oil discoveries.

Solar generation grew 33% in 2015 as coal records largest fall

Posted in Business on 10th Jun, 2016
by Alex Muller

Solar generation increased by 33% in 2015, officially becoming the worlds fastest growing source of energy.

Exxon shareholders take 'small step forward' on climate

Posted in Featured, Science on 26th May, 2016
by Alex Muller

Exxon Mobil continues to face legal investigations over the extent of its knowledge on climate science and whether it played down global warming for financial benefit.

There will be more new jobs in solar than oil by the end of 2016

Posted in Business on 4th May, 2016
by Alex Muller

The decline in oil prices has not just rocked that industry, but jobs linked to both fossil fuels and renewable energy.