BP to Cut Oil Production 40% by 2030, and Invest Billions Into Green Energy

bp today introduces a new strategy that will reshape its business as it pivots from being an international oil company focused on producing resources to an integrated energy company focused on delivering solutions for customers. Within 10 years, bp aims to have increased its annual low carbon investment 10-fold to …

Spain Just Closed 47% of Its Coal Power Plants, and Will Be 73% Soon

Sometimes it feels like the world is asleep and not jumping on the tremendous potential of low-cost solar power and low-cost wind power to stop global heating and catastrophic climate change. Sometimes you want to jump up and clap with enthusiasm at strong actions moving us forward. Luckily, this story …

We Need a Total Fossil Fuel Lockdown for a Climate Revolution

Growth in renewable power has been impressive over the past five years. But too little is happening in heating, cooling and transport. Overall, global hunger for energy keeps increasing and eats up progress, according to REN21’s Renewables 2020 Global Status Report (GSR), released recently. The journey towards climate disaster continues, …

The Oil & Gas Industry Doesn’t Have a Bright Future

The oil and gas industry has been in a recession, effectively since the global financial crisis 11 years ago. Each year, production volumes have increased by more than global demand, meaning that the market has been in decline, with lower prices for crude oil and natural gas the natural result. …

Opatija Will Host the Leading International Gas Conference in Southeast Europe

The jubilee 35th edition of the International Scientific & Expert Meeting of Gas Professionals will open its doors on the 21st of October, 2020 traditionally in Opatija, Croatia. During three days of the event 600 delegates, representing more than 200 companies and institutions, 60 respected speakers, and 45 exhibitors from …