Eni suspends oil purchases from Russia

Italian energy major Eni has suspended all new purchases of oil and oil products from Russia, according to a statement. “Eni has suspended the stipulation of new contracts related to the procurement of oil and oil products from Russia,” said the emailed statement. “In any case, Eni will fully honor every decision to be taken

Trial project on hydrogenating CO2 into green fuel achieves successes

The world-first facility, which was developed by the Dalian Insitute of Chemical Physics (DICP) and Zhuhai Futian Energy Technology, hydrogenates carbon dioxide into green fuels, which could help to reduce the amount of carbon dioxide in the atmosphere. A facility that will produce 1,000 tons of gasoline per year out of carbon dioxide has successfully

Russian war on Ukraine is a fossil fuel war

For Svitlana Krakovska, Ukraine’s leading climate scientist, it was meant to be the week where eight years of work culminated in a landmark UN report exposing the havoc the climate crisis is causing the world. But then the bombs started to crunch into Kyiv. Krakovska, the head of a delegation of 11 Ukrainian scientists, struggled

US imposes ban on Russian oil imports  

US President Joe Biden announced a ban on US imports of Russian oil on Tuesday, in the administration’s most far-reaching action yet to punish Moscow for invading Ukraine. “We’re banning all imports of Russian oil and gas and energy. That means Russian oil will no longer be acceptable at US ports and the American people

Russia warns of serious consequences for oil ban

Oil prices see-sawed on Tuesday even as Ukraine peace talks made little headway, torn between the prospect of a ban on Russian oil imports and Russia’s warning crude costs could rise to $300 a barrel. After the third attempt by Russia and Ukraine at talks in Belarus, a Ukrainian negotiator said although little progress on

Shell abandons Russian oil and gas

Shell PLC said it is withdrawing from dealing in Russian oil and natural gas, saying it would immediately halt all spot purchase of crude from the country and will phase out its other trading and business dealings. While Russian crude and gas has been exempt so far from Western sanctions, oil soared above $139 a

India aims to achieve half of the energy capacity using non-fossil fuel

While speaking at a webinar on ‘Energy for Sustainable Growth’, P M Narendra Modi stressed India’s aim to achieve 50% of its installed energy capacity through non-fossil fuels by 2030 in a bid to promote sustainability and reduce the country’s dependence on imported oil. His remarks came at a time when international crude oil prices

Greens party in UK support international treaty to phasing out fossil fuel

The Green Party of England and Wales have voted to support the UK government signing an international treaty for the phasing out of fossil fuels. Party members passed a motion backing a Fossil Fuel Non-Proliferation Treaty (FFNPT) at their spring conference being held online this weekend. The motion was proposed by a number of high

Elon Musk calls US to increase fossil fuels production

Tesla CEO Elon Musk said the US must “immediately” increase its production of crude oil and natural gas amid the ongoing Ukraine crisis which has roiled energy markets. “Hate to say it, but we need to increase oil & gas output immediately,” Musk tweeted.“Extraordinary times demand extraordinary measures,” he tweeted. In the aftermath of Russia’s

Greenpeace activists protest at Russian LNG tanker on arrival

Greenpeace France activists have taken action at sea to highlight the historical responsibility of fossil fuels in triggering and financing international conflict and to call on Europe to divest from Russian oil and gas and push for investment in renewable energies. On board an inflatable, the activists displayed a banner reading “Fossil Fuels War” in