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Norway’s energy minister says country has a ‘responsibility’ to address shortfalls caused by wars in Ukraine and Middle East
Thawing permafrost may release greenhouse gases much faster than previously expected, potentially accelerating climate change even further. Experiments conducted by researchers at the University of Leeds, and published in the AGU journal Earth’s Future, show that when permafrost thaws, it becomes 25 to 100 times more permeable. This change allows significantly greater amounts of climate-forcing gases to escape into the atmosphere.
The world has become well versed in the importance of the strait of Hormuz to the world’s energy flows, but attention is increasingly turning to its vital role in another market – the fertiliser on which harvests depend. A third of the global trade in raw materials for fertiliser passes through the maritime choke point, which is also the route for 20% of shipments of natural gas, which is required to make it.
Oil prices could jump to $200 per barrel and even higher if the Strait of Hormuz remains near-closed as it is at the moment, Fereidun Fesharaki, Chairman Emeritus of energy consultancy FGE NexantECA, told Bloomberg on Tuesday. Although the oil market is moving on sentiment and U.S. President Donald Trump’s social media posts about the war, the fact is that “every week, 100 million barrels of oil is not going through, and every month, 400 million barrels are not going through,” Fesharaki told Bloomberg Television.
We can’t know how long the war in the Middle East will last. Nor can we know who will “win” it, and in which terms. What we know is that the destruction already wreaked on things and people is immense, and it keeps escalating. The longer the war, the bleaker their perspectives in a region already plagued by all sorts of problems, including drought, soil degradation, ecosystem damage, scarce agricultural resources, declining fertility rates, and more.
Oil has empowered capitalism, and some of the world’s most exploitative regimes. Move away from it and we can solve some of the key issues we face
Short-Term Energy Outlook
UN GEO report says ending this harm key to global transformation required ‘before collapse becomes inevitable’
The International Energy Agency works with countries around the world to shape energy policies for a secure and sustainable future.
The uniquely vulnerable West Antarctic Ice Sheet holds enough water to raise global sea levels by 5 meters. But when that will happen — and how fast — is anything but settled.
US president’s son-in-law was instrumental in getting deal – which could bring him huge windfall if plan to redevelop Gaza ever comes to fruition […] For a man with no formal role in the White House, Jared Kushner last week literally took centre-stage as Donald Trump’s emissary to the Middle East. As the administration took a victory lap for hammering out a Gaza ceasefire last week, Kushner, Trump’s son-in-law, stood in Tel Aviv’s ‘hostages square’, addressing a feverish crowd that had booed the mention of Israel’s prime minister, Benjamin Netanyahu, and later broke into chants of: “Thank You Trump!”
Much attention today focuses on uncertainties affecting the future evolution of oil and natural gas demand, with less consideration given to how the supply picture could develop. However, understanding decline rates – the annual rate at which production declines from existing oil and gas fields – is crucial for assessing the outlook for oil and gas supply and, by extension, for market balances. The International Energy Agency (IEA) has long examined this issue, and a detailed understanding of decline rates is at the heart of IEA modelling and analysis, underpinning the insights provided by the scenarios in the World Energy Outlook. This new report – based on analysis of the production records of around 15 000 oil and gas fields around the world – explores the implications of accelerating decline rates, growing reliance on unconventional resources, and evolving project development patterns for the global oil and gas supply landscape, for energy security and for investment. It also provides regional insights
Activist tells Swedish officials she has been subjected to harsh treatment, including insufficient food and water
The Production Gap Report finds that 10 years after the Paris Agreement, governments plan to produce more than double the volume of fossil fuels in 2030 than would be consistent with limiting global warming to 1.5°C, steering the world further from the Paris goals than the last such assessment in 2023.
Report cites scale of killings and aid blockages, and calls on member countries to punish those responsible
A UN commission has found Israel’s war in Gaza ranks among history’s greatest crimes. The UK government must stop hiding behind legal fictions and recognise the reality
Legal analysis has accused Israel of committing genocide in four out of five categories as defined by 1948 convention
The Palestinian perspective: Israel is committing not only human violence, but also climate violence: genocide and ecocide.
Writer says for many years he has refused to use word but now must ‘with immense pain and with a broken heart’
Higher methane emissions from gas infrastructure have negated much of U.S. climate progress in the past two decades, a new study shows.
