The first battle for oil in Norway

Although it might seem like it, Norway's oil history did not begin with the first major discovery at the Ekofisk field in 1969 by Phillips Petroleum Co. It didn't even begin with the Balder discovery a couple of years earlier, ...

Report shows climate change imperils the U.S. financial system

Burnt orange daytime skies signal that the consequences of climate change are already here. But while we tend to focus on the death and destruction resulting from the growing frequency and severity of wildfires and other ...

How the pandemic is harming the oil and gas industry

In August, Exxon Mobil, once the largest publicly traded company in the world, was dropped from the Dow Jones industrial average after 92 years. Exxon's removal is emblematic of the changing profiles of energy companies. ...

US energy laggards still not Paris compliant: analysis

US-based oil and gas majors are lagging well behind their European counterparts when it comes to plans for cutting emissions to comply with the Paris climate deal, according to analysis released Wednesday.

Bailout or subsidy: Oil in the age of pandemic

COVID-19 is disrupting all sectors of the global economy, and the energy sector is far from immune. As economic activity slows precipitously on its way to catastrophically, the fossil energy sector that drives part of that ...

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