Shell and BP alone eclipse renewable energy sector on access to ministers

Fossil fuel companies enjoy far greater access to UK government ministers than renewable energy companies or climate campaigns, an analysis by the Guardian has revealed.

Why the US won't have OPEC to kick around in 2016

As candidates for the 2016 U.S. general election gear up for a White House run, one villain of recent campaign cycles will be conspicuously absent: the cartel known as OPEC.

Australia could source 100% of power from renewables by 2050, report finds

Australia is well placed to reduce emissions at low cost because the costs of carbon-free technologies such as wind and solar have fallen significantly in recent years.

Saudi Arabia Adds Half a Bakken to Crude Market in a Month

Saudi Arabia boosted crude production to the highest in three decades in March, with a surge equal to half the daily output of the Bakken formation in North Dakota.

Oil prices edge down from 2015-highs, but set for weekly gains

SINGAPORE (Reuters) - Oil prices on Friday edged down from 2015-highs reached in the previous session, but prices remained on track for weekly gains after renewed air strikes in Yemen stoked concerns on the security of Middle East oil shipments.

Japan moves nearer to restarting nuclear reactors after court gives go-ahead

Japan’s plans to return to nuclear power generation more than four years after the triple meltdown at Fukushima received a boost on Wednesday after a court approved the restart of two nuclear reactors.

Petrobras Seen Unlocking Bond Market Shuttered by Bribery Crisis

Petroleo Brasileiro SA has largely been responsible for all but shutting Brazil and its companies out of bond markets. It’s now poised to unlock them.

Here’s What China Closing Coal-Power Plants Means for Emissions

China’s recent scrapping of small coal plants will avoid the release of as much as 11.4 million metric tons annually of climate-warming carbon dioxide, helping the country cut emissions for the first time in more than a decade.

OPEC Says US Oil Boom Will End This Year

OPEC says the demand for oil – its oil – will rise during 2015 because the cartel is winning its price war against US shale producers by driving them out of business.

Protests as Turkey starts work on first nuclear power plant

Ankara (AFP) - Turkey on Tuesday launched construction of its first nuclear power plant which Ankara hopes will open a new era of greater energy self-sufficiency, but the ceremony was marred by angry protests against the controversial $20 billion project.

Low Oil Prices Cost Exporters More Than Aid Importers, IMF Says

Tumbling crude prices will cost oil producing countries fiscal losses worth about 4 percent of their economies this year, the International Monetary Fund said, listing Venezuela and Iraq among those most severely hit.

Falkands Oil work faces delay as Argentina threatens drillers

Oil explorers in the Falklands have been forced to delay drilling work due to falling petroleum prices as a diplomatic spat between Argentina and the UK over drilling around the islands intensifies.

Oil edges up as financial traders bet on higher prices

SINGAPORE (Reuters) - Oil prices rose slightly on Monday, continuing from a strong end to last week as financial traders increased bets on higher prices amid a slowdown in U.S. drilling, but analysts warned fundamentals remained weak.

Fossil fuel-free funds outperformed conventional ones, analysis shows

Investors who have dumped holdings in fossil fuel companies have outperformed those that remain invested in coal, oil and gas over the past five years according to analysis by the world’s leading stock market index company, MSCI, which runs global indices used by more than 6,000 pension and hedge funds, found that investors who divested from fossil fuel companies would have earned an average return of 13% a year since 2010, compared to the 11.8%-a-year return earned by conventional investors.

Europe's carbon capture dream beset by delays, fears and doubt

Brevik, a small coastal town two hours west of Oslo, has found itself on the front line of a global battle over a technology that is hailed in some quarters as the solution to climate change, but denigrated in others as a reckless and potentially fatal gamble.

Iran nuclear deal: These industries could get a boost

As diplomats try to sell an agreement on Iran's nuclear program to power brokers in their respective countries, one of the potential stumbling blocks will be the pace at which Western powers roll back sanctions on the marginalized nation.

OPEC Earnings Fall With Oil Prices

The 9-month-old plunge in the price of oil combined with a decrease in exports cut into OPEC’s net earnings in 2014, according to estimates by the U.S. Energy Information Administration (EIA).

Deepwater oil spill: BP steps up PR effort to insist all is well in the Gulf

In the run-up to the five-year anniversary of the Deepwater Horizon spill this April, BP is ramping up its effort to convince consumers that life is returning to normal on the Gulf coast.

See-Through Solar Is Tomorrow’s Threat to Oil

Solar energy is the future. The problem is, it’s been the future for a long time. And while progress has been made, using the sun as a primary source of power hasn’t really broken through.

Iran Deal May Be Slow to Affect Oil Sector

HOUSTON — The breakthrough in nuclear talks with Iran on Thursday has the potential to cause a seismic shift in global energy markets over the long term, but energy experts said any appreciable impact on an already glutted global oil market was highly doubtful for at least six months and probably more than a year.