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News & Updates

May 3, 2022 Fossil Fuels Aren’t Going Away Anytime Soon

Source: Oil Price

Calls for the end of all investments in new oil and gas production, protests demanding the immediate suspension of oil production, and denunciatory reports from environmental NGOs slamming banks for still financing fossil fuels...

May 2, 2022 Sustainability—Learning What Matters

Source: Journal of the Petroleum Industry

The perception of the petroleum industry is not currently a good one. So, if that sentiment can be measured, can it be improved? The SPE Sustainable Development Technical Section believes it can by SPE members thinking like...

May 2, 2022 Reclaiming our future: A common agenda for advancing sustainable development in Asia and the Pacific

Source: Relief Web

Over the past two decades, the region has lifted millions out of poverty. Most countries are now in a position to offer their citizens many more opportunities to live longer, healthier, more productive and secure lives. In a...

May 2, 2022 Energy chief ‘optimistic’ Congress will act on clean energy before November

Source: The Hill

U.S. Secretary of Energy Jennifer Granholm said Thursday she is “optimistic” that Congress will be able to pass aspects of the Biden administration’s Build Back Better program, specifically tax credits for installing clean energy...

May 2, 2022 Is a recession on the way? What data says about the economy

Source: NBC

nalysts are working to digest a host of signals about the state of the U.S. economy, which emerged from a pandemic recession stronger than anyone could have believed.

May 2, 2022 EU energy ministers hold crisis talks after Russian gas cuts

Source: Reuters

Energy ministers from European Union countries hold emergency talks on Monday, as the bloc strives for a united response to Moscow's demand that European buyers pay for Russian gas in roubles or face their supply being cut off.

April 29, 2022 American oil refineries shutter amid Biden's hostile fossil fuel policies, adding to pain at the pump: expert

Source: Fox Business

American refinery capacity has been on the decline in recent years, according to Fuels Market News latest Refinery Capacity Report. The report found that operable atmospheric crude oil distillation capacity in the U.S. fell from...

April 29, 2022 General Assembly reviews global progress towards sustainable urbanization

Source: United Nations

In his opening remarks, General Assembly President Abdulla Shahid spoke of how sustainable urbanization can drive change across a variety of interconnected issues, including poverty eradication, climate action, migration, land...

April 29, 2022 Risk of recession in Europe, US and China is rising by the day

Source: The Guardian

Is the global economy flying into a perfect storm, with Europe, China, and the US all entering downturns at the same time later this year? The risks of a global recession trifecta are rising by the day.

April 28, 2022 ESG-Minded Investors Pile Into Coal Stock, Sparking 1,000% Rally

Source: Bloomberg/Yahoo Finance

Anglo American Plc’s spinoff, Thungela Resources Ltd., has emerged as the world’s best-performing major coal stock. It’s also one of the most profitable bets by a group of fund managers who’ve promised to reduce their financed...

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