Investments in new fossil fuel projects have surpassed global demand. Fossil fuels could soon become noticeably cheaper and more abundant as the countries speed up the transition to renewable energy…
According to consulting firm Wood Mackenzie, inadequate margins could force the permanent closure of around 24% of the world’s petrochemical capacity by 2028. Petrochemical producers in Europe and Asia are…
To capitalize the fund, Azerbaijan is looking for at least $1 billion from ten major nations and corporations. The government of Azerbaijan, which is hosting the Cop29 climate meeting in…
The increasing demand of fossil fuels regardless of renewable energy usage can be used as a sticking point to lower the use of carbon energy As per the Global Carbon…
In a bold challenge to BP‘s current clean energy strategy, London-based hedge fund Bluebell Capital Partners has called on the energy giant to abandon plans for a significant reduction in…