Tag: Natural Gas

Surging U.S. Oil Production Brings Down Prices and Raises Climate Fears

American oil production is hitting record levels, delivering economic and foreign policy benefits but putting environmental goals further out of reach.

Documents Show Plan for Leader of COP28 Climate Talks to Promote Fossil Fuels

A leaked document has talking points for the president of the United Nations climate conference, who is an oil executive in the United Arab Emirates, to advance oil and gas deals.

Fossil Fuel Use Increasing, Not Decreasing, as Key Target Looms

The world remains on track to produce far more oil, gas and coal than would be consistent with relatively safe levels of heating, a new report found.

Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns

Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.