British bank Barclays has announced the narrowing of its lending criteria for clients involved in coal-fired power generation and will cease to finance the surface mining method of oil sands exploration and production, but has still not committed to restricting lending for oil and gas as some of its competitors have. In its annual report […]
Meeting prior to a European Union summit in Brussels, Spanish Prime Minister Pedro Sánchez, French President Emmanuel Macron and Portuguese Prime Minister António Costa agreed upon a “green energy corridor” — a new pipeline between Barcelona and Marseille underneath the Mediterranean Sea. The new energy supply route, termed BarMar, is an alternative to the proposed […]
The methane leaking from Nord Stream pipes into the Baltic Sea may be one of the worst natural gas leaks in history, scientists say. Although the breached pipes were not in operation, they still contained natural gas when they were damaged. The leaking natural gas primarily consists of methane, a leading contributor to global warming. […]
Three separate leaks on Russia’s controversial Nord Stream 1 and 2 gas pipelines — which run from Russia to Germany beneath the Baltic Sea — have led to speculations of sabotage. The gas transport pipelines lie at the center of the energy deadlock between Europe and Russia. Danish energy authorities said two leaks had been […]
Russia indefinitely cut off delivery of methane-based gas to Europe, Gazprom said Friday. The state-owned energy company blamed the Nord Stream 1 pipeline shutdown on maintenance issues, just hours after the G-7 announced a joint cap on Russian oil prices, itself an effort to reduce Russia revenue from foreign fossil fuel sales. The full shut […]
In a move that will reverse a rule from the former Trump administration, the Biden administration is prepared to again allow states and Tribes to block energy projects, like pipelines and coal terminals, that could pollute local waterways. Since 1972, the Clean Water Act has allowed states and Tribes to review federal project permits and […]
Russia’s invasion of Ukraine may have effectively killed a controversial fossil-fuel project. On Wednesday, President Joe Biden announced sanctions against the company and CEO behind the Nord Stream 2 gas pipeline from Russia to Germany after the Russian government recognized two separatist territories in Ukraine as independent. “Through his actions, President (Vladimir) Putin has provided […]
The U.S. Supreme Court has refused to consider an appeal by Energy Transfer, the Dallas-based operator of the Dakota Access Pipeline (DAPL), over a 2020 ruling requiring an environmental review of the oil pipeline, The Guardian reported. The lawsuit was brought by the Standing Rock Sioux Tribe who — along with the Cheyenne River Sioux […]
A pipeline leak off the coast of Wales spilled around 500 barrels of oil into the Irish Sea on Monday on the anniversary of one of the worst ecological disasters in Welsh history. The pipeline, which runs between oil installations at Conwy and Douglas, experienced a failure and has since been shut off, The Guardian […]
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