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‘Big Oil Has Fallen’: Environmentalists Celebrate Exxon Mobil Being Booted from Dow Jones
Exxon Mobil’s demotion from the Dow Jones Industrial Average after nearly a century is being celebrated by environmentalists as a harbinger of the fossil fuel industry’s demise.
- Categories
- Energy
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Renewable Energy in Developing Countries Emerges as Growth Area
With oil and gas prices down 30% for the year and fossil fuels becoming less attractive due to sustainability issues, investors are looking elsewhere in the energy sector.
- Categories
- Energy
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The Coronavirus Pandemic Is Debunking Some Long-Held Myths of the Energy Industry
The coronavirus pandemic has exposed some hard truths to the world’s largest oil and gas majors, energy analysts have told CNBC, with many reeling after historic second-quarter losses laid bare the financial frailty of the industry.
- Categories
- Coronavirus, Energy
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BP Aims to Build 50GW of Renewables by 2030, Cut Fossil Fuel Output by 40%
The oil supermajor lays out further details on its path toward net-zero, keeping ahead of its fossil fuel rivals in its energy transition ambitions.
- Categories
- Energy, Environment
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Viewpoint: First Summit of Global Development Banks Must Deliver on Ending Fossil Fuel Finance
Governments worldwide plan to produce 120% more oil, gas and coal by 2030 than is compatible with 1.5C warming limit - supported by huge volumes of public money
- Categories
- Energy, Environment
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Africa Needs to Regain Momentum on Electrification Effort, Says IEA
COVID-19 pandemic knocked the continent off its course of extending access to reliable energy to over half of the world's population that still lack access to electricity.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Southeast Asia Energy Buyers Grab Chance to Lock in Green Deals
Longer-term manufacturing shift from China expected to boost power demand
- Categories
- Coronavirus, Energy
- Region
- South Asia
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Renewables in Focus to Revive Energy Sector as Economies Ease Lockdowns
A sudden slump in energy consumption due to worldwide lockdown caused by the COVID-19 had threatened the energy transition due to a plunge in oil prices. However, as predicted by COE-EDP clean energy and inward-looking policies are the focus of the reviving energy sector across economies in the post-lockdown period.
- Categories
- Coronavirus, Energy
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