The biggest oil producer in the United Arab Emirates is buying a stake in a natural gas field in Azerbaijan, marking the company’s first major international purchase of upstream hydrocarbon assets. Abu Dhabi National Oil Co. agreed to buy a 30% equity stake in the Absheron gas field in the Caspian Sea, the government-owned firm...
At the beginning of 2000s, as concerns about climate change grew, some of the biggest oil companies began to modify their climate change public relations strategies. Instead of denying the evidence to sow doubt, they decided to try and spin their actions in more of a positive light. To try and co-opt the debate. They learnt their...
We’re living in a pivotal moment in history, on the cusp of either sinking into a dark period of growing poverty, accelerating ecological destruction, and worsening conflict, or moving forward to a new age of equity, sustainability, and stewardship of the only planet in the universe where we know life exists. I believe a positive...
It only takes just a fraction of a second to suffer a pretty serious burn. Asphalt and concrete in direct sunlight can often reach surface temperatures as high as 82 Celsius (180 Fahrenheit) on the hottest days, said Dr. Kevin Foster, who directs the Arizona Burn Center in Phoenix. Forecasters predict another heat wave in...
The ice sheets of Greenland are melting, and it could be worse than we thought. A new study suggests the ice sheets could be much more sensitive to human-driven climate change than previously estimated. Understanding the geological past of Greenland is vital for predicting sea-level rise, as a result of global warming. That’s because its ice holds enough...
Climate change, a global concern that continues to challenge nations worldwide, is significantly impacting Nigeria’s energy market. As Africa’s largest economy and most populous country, Nigeria’s energy sector is a critical component of its overall economic stability and growth. However, the increasing effects of climate change, including erratic rainfall patterns, rising temperatures, and extreme weather...
Approving the Rosebank oil and gas field in the North Atlantic would be a “death sentence”, climate activists have said. Regulators are considering granting the Norwegian company Equinor permission to begin exploiting one of the largest reserves of fossil fuels in the region. It would see up to 500 million barrels of oil pulled out...
In 2016, hospitals in New York state identified a rare and dangerous fungal infection never before found in the United States. Research laboratories quickly mobilized to review historical specimens and found the fungus had been present in the country since at least 2013. In the years since, New York City has emerged as ground zero...
The frequency and intensity of extreme weather events, such as droughts and large-scale floods, and other climate change impacts are increasing in Asia, which is warming faster than the global average, the World Meteorological Organization said in a report published Thursday. Asia is the world’s most disaster-impacted region, with 81 weather, climate and water-related disasters...
LONDON, July 24 (Reuters Breakingviews) – A merger of two companies can be a headache; a merger of two countries even more so. The state-owned Abu Dhabi National Oil Company (ADNOC) and $15 billion OMV (OMVV.VI), 32% held by the Austrian state, are in talks to merge the two petrochemical companies they cross-hold, Borouge (BOROUGE.AD) and Borealis, into an entity...