Environmental News


Mounting Evidence Shows Seismic Surveys Can Harm Marine Life

Sep 12, 2023

Woodside Energy last week announced it would start seismic testing for its Scarborough gas project off Australia’s west coast, before reversing the decision in the face of a legal challenge from Traditional Owners.Seismic testing is highly controversial in marine environments…

BOEM Completes Environmental Review of Gulf of Mexico Wind Lease Areas

May 30, 2023

The United States' Bureau of Ocean Energy Management (BOEM) on Tuesday issued a final environmental assessment (EA) on potential impacts from offshore wind leasing on the U.S. Outer Continental Shelf in the Gulf of Mexico, marking another step…

Wind Turbines Can Breathe New Life into Warming Seas

Mar 15, 2022

Offshore wind is set to move further and further from shore, as demand for renewable energy grows and new floating turbine technology makes deep-water expansion possible. However, for the first time, large areas of the UK continental shelf now open for development are “seasonally stratified”…

Decommissioning: Corals on Oil Platforms Could Kick-start the Deep-sea Ecosystem

Mar 10, 2022

In the late 1990s, the cold-water coral Lophelia pertusa was first reported growing on the legs of oil platforms in the northern North Sea. As these platforms reach the end of their operational lives, many are being decommissioned and brought ashore…

Company Valuations and Climate Strategies are Poles Apart

Nov 25, 2021

Companies in the most polluting sectors that have invested in climate action often find themselves valued below peers that have been slower to do so, highlighting the difficulty of getting shareholders to back sustainability.Investors have poured more than $30 trillion into environmental…

Who Will Pay for the Energy Transition?

Apr 27, 2021

The transition from a fossil-fuel dominated energy system to one with zero emissions would require trillions of dollars of investment in new production, distribution and consumption equipment worldwide.New investments could support millions of new jobs in construction and manufacturing…

When is a Cargo of Oil Certified "Carbon Neutral"? Ask Lundin Energy

Apr 26, 2021

Sweden's Lundin Energy has sold to Italian refiner Saras what it said is the world's first oil cargo certified as carbon neutral at the point of production, the two companies said on Monday.Oil companies are increasingly trying to market their…

FSO Nabarima Is 'Upright' but Crude Transfer Could Be Risky

Oct 26, 2020

A Venezuelan floating oil facility that had been listing in recent weeks is upright and shows no sign of sinking, but plans to offload crude from the vessel posed some risks, the energy minister of neighboring Trinidad and Tobago said on Thursday…

NOAA Raises Predicted Number of Tropical Storms to Record High

Aug 06, 2020

The U.S. National Oceanic and Atmospheric Administration (NOAA) on Thursday predicted up to 16 more named tropical storms this year, to as many as 25, the highest in the agency's history.The 2020 Atlantic hurricane season, which began on June 1…

New Zealand Raises Oil Spill Insurance Requirements

Jun 15, 2020

New Zealand's maritime safety authority has greatly increased the insurance cover or other financial security that owners must have to cover marine oil spills from their offshore installations.Under recent amendments to the Marine Protection Rules Part 102…

US Underestimates Offshore Oil Methane Emissions -Study

Apr 13, 2020

Offshore oil and gas drilling operations in the U.S. Gulf of Mexico emit far more methane than government estimates suggest, according to a study released on Monday by the University of Michigan.Drilling platforms emit about half a teragram (Tg) of the planet-warming gas each year…

Tidal Turbines Impact on Marine Wildlife Lower Than Previously Thought

Mar 05, 2020

Research by HR Wallingford at the SeaGen tidal power project site at Strangford Lough in Northern Ireland has shown that the impact of tidal power turbines on marine wildlife may be significantly lower than previously estimated.As questions…

ExxonMobil Calls for Tighter Methane Regulations

Mar 03, 2020

ExxonMobil on Tuesday called for tighter regulation of the greenhouse gas methane and offered up its own in-house rules as a model for companies and lawmakers worldwide.The largest U.S. oil company laid out the guidelines it follows - some of…

Lukoil Aims to Be Net Zero CO2 Emitter by 2050

Mar 02, 2020

Vice president of Russian oil producer Lukoil, Leonid Fedun, said on Monday the company aimed to become a net zero carbon emitter by 2050.'It is realistic to a reach zero carbon footprint' for us, he said at a presentation.(Reporting by Vladimir Soldatkin…

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