Wildcat Petroleum obtains permit to drill off coast of Sierra Leone Petroleum Petroleum company Wildcat Petroleum has obtained the permit to conduct reconnaissance operations off the coast of Sierra Leone. Under the agreement, Wildcat will be able to drill 20 offshore petroleum blocks to identify those which yield “commercially viable oil finds.” The non-exclusive permit doesn’t give the British company pre-emptive rights, forcing it to enter negotiations [...]
Inside Barclays chaotic shareholder meeting: AGM halted as security chase and drag out dozens of climate activists Chaotic scenes in Manchester Barclays’ annual shareholder meeting was disrupted by a small army of climate change protesters who had to be forcibly removed by security. The banking giant’s AGM in Manchester got off to a chaotic start after a series of disruptions from green activists in the audience. Chairman Nigel Higgins was forced to pause the meeting while [...]
Disruption on M25 as Just Stop Oil protesters block service stations Just Stop Oil Motorists need to brace for disruption on the M25 as Just Stop Oil protesters have blocked services and graffiti sprayed on the pumps. The action has taken place since 7am this morning at two service stations, Surrey’s Cobham Services and Clacket Lane Services in Kent. Climate activists, who blocked the entrance by staging a sit-in, [...]
BP and Maersk Tankers team up to trial marine biofuel in decarbonisation push December 17, 2021 Product tankers powered on biofuels produced from recycled cooking oils have travelled from Netherlands to West Africa as part of BP-Maersk trials.
EV patents rise as net zero deadline drives fossil fuels down December 6, 2021 The number of electric vehicle (EV) patents has gone up all across the world, while fossil fuel ones have registered a rapid decrease in the last five years – a sign that manufacturers are taking seriously the decision made by governments to phase out the sale of new fossil fuel cars from 2030. Data from [...]
COP26 done and dusted: What big names make of the Glasgow Climate Pact November 14, 2021 The Glasgow Climate Pact has received a mixed reaction from both those involved and observers. Political leaders, activists and big NGOs expressed disappointment at the lack of ambition on phasing out fossil fuels and climate finance, but there was general consensus that 1.5C is still within reach. Here’s what some of the big names had [...]
COP 26: Six in ten people support ban on finance firms making profits from fossil fuels November 9, 2021 A majority of people in the UK believe finance firms should be prevented from profiting from fossil fuel extraction, according to a new survey from Opinium. The poll shows that six in ten British people oppose banks, insurers and other finance firms making a profit from the digging up of coal, oil and gas. Opinium [...]
Rishi Sunak spikes fuel hike plans October 26, 2021 Chancellor Rishi Sunak will scrap plans to hike fuel duty in the upcoming Budget, according to the Sun. The levy was due to go up next year from 57.95p per litre to 60.79p. The duty will be frozen for the second time this year. The decision follows petrol prices rocketing to record levels across the [...]
Countries are lobbying to change climate report ahead of COP26 October 21, 2021 Leaked documents have shown that several countries – including Australia, Saudi Arabia and Japan – are lobbying to change an important climate report ahead of the COP26 summit, the BBC reported. Countries are reportedly asking the UN to downplay the need to move away from fossil fuels, in addition to paying poorer countries more to [...]