Trump’s ‘peace tour’ piles pressure on Tullow Oil as $1.3bn refinancing looms
Global supply glut, failed mergers, production difficulties and parlous finances weigh on business with market cap at just 1% of 2012 peak
oil
Carbon dioxide levels hit new high, locking in overheating of Earth for centuries, WMO warns
World threatened by ‘vicious climate cycle’ that continues to bring more extreme weather
Russia’s oil refineries are like ‘a man who is being repeatedly punched’ as Kyiv increases drone strikes
As Moscow attacks Ukraine’s power grid, Ukraine’s ‘long-range sanctions’ are hitting Russian fuel terminals and disrupting a key Kremlin revenue source
The country that got too rich? Public spending dominates Norway election
Value for money has become a key campaign issue as voters go to the polls
Are humans alone in the universe?
While radio waves are the method of choice when searching for signals of intelligent alien life, other detectable signs also exist
‘Oil not the panacea it appears to be for economies’: Campaigners in Guyana take the fight to ExxonMobil
‘Lop-sided’ deal with US giant over offshore discovery leaves communities without protection or benefits, activists say
Could bouncing the sun’s heat back into space help solve the climate crisis?
‘If something can shave off just half a degree, that means millions fewer impacted by heatwaves, crop failures or flooding’
HVO is a climate ‘quick fix’ that could be worse than fossil fuels
At a Time of Climate Crisis: There are serious questions over the sustainability of hydrotreated vegetable oil and the industries that are promoting its use
Why isn’t the message on climate change getting through?
Reports of extreme weather events are still being described as rare or unavoidable, while the findings of scientists are often dismissed as inflexible dogma
Costs holding back Ireland as a renewables exporter, Nesc warns
‘To lead in clean energy, we need to invest strategically, contain costs and work more closely with our neighbours’
Data centres could consume as much electricity as two million Irish homes by 2030, report predicts
But share of total power demand for data centres predicted to fall to 16 per cent by 2050
We are banking on costly, speculative ‘negative emissions technologies’ to make climate strategies add up
Thinking in a Climate Emergency: Renewables, energy efficiency and ending fossil-fuel reliance do help cut CO2
European stocks poised to surge as US-Japan trade deal struck
Trump says EU representatives will arrive for negotiations on Wednesday
Fossil fuel merchants will have to show they supply renewable energy, under Government scheme
RHO reaffirms commitment to support indigenous biomethane sector
IEA forecasts slowest oil demand growth outside of pandemic since 2009
Energy advisory body expects global consumption to increase by 700,000 barrels a day this year
Shell says weak oil and gas trade hit second quarter profit
Group’s trading update comes less than two weeks after the company announced it had no intention of making an offer for BP
Why have oil prices not soared in wake of Israel and US bombing Iran?
Markets have priced in that the worst of the Iran-Israel conflict is behind us and there will be no oil supply shocks
Oil prices slide as fragile ceasefire holds
Oil prices fell more than 3%, having already slid 9% on Monday
Iran conflict could spark fuel price rises but it will not hit Irish supplies
Closure of Strait of Hormuz a key risk, industry body says
Oil price swings amid Middle East crisis
Brent rises above $80 a barrel after US strikes on Iran but later falls back as crude supply unaffected
Oil prices expected to jump after US attacks on Iran
Hits on nuclear sites injects fresh uncertainty into already anxious global economy
Moneypoint power station ends coal use ahead of schedule
Ireland’s largest power plant to be used as back-up as renewables hub is scaled up
Jittery markets await Fed as Middle East conflict rages on
Oil prices have extended their climb with Brent crude futures up 0.3% to $76.67 per barrel while US crude is up 0.43% to $75.16 a barrel
Global oil supplies forecast to outstrip demand this year despite Middle East war
International Energy Agency expects production to rise by 1.8m barrels a day in 2025
Investors waver as Israel-Iran clash tests nerves
Brent crude prices soared 5.5% in early trading as countries strike at each other but quickly pared most of that increase
Ireland’s energy and climate plan far from sufficient, EU Commission finds
Plan lacks explanation of how required €119bn-€125bn investment will be funded, EU says
Analysis: There is no hiding place from latest EPA data on greenhouse gases
Do we want to spend our money on fines or ensure Ireland becomes climate resilient?
State hits lowest emissions in 30 years but clean energy evolution incomplete, notes SEAI report
With increased renewables, electricity targets likely to be met despite lack of shift in transport and high imports of fossil fuels
Why do plastics shed tiny particles into our food? Irish scientists have the answer
‘Frozen-in’ stress causes plastic surfaces to erupt into microscopic blisters that jeopardise food safety and environment
Outdated electricity grid planning and weak governance stalls Europe’s transition to renewables, report warns
Grid operators are working to outdated scenarios which do not take account of growth in renewable energy sources, report argues
Irish-founded Tullow Oil faces $1.4bn refinancing headache amid falling crude prices
Shares in the exploration firm have slumped and are being sold off at rates not seen in five years
‘My message is clear for Ireland, electricity is the future,’ IEA director Fatih Birol
Electrification should be overriding priority for Irish economy, industry and society, says International Energy Agency chief
Weakening corporate climate pledges is a symptom of waning momentum
Recent high-profile corporate backtracking from climate commitments shows the fragility of pledges when attention and accountability drift
More than €31bn in fossil fuel investments ‘based in Ireland’
Trócaire and ActionAid Ireland claim carbon footprint of finance bigger than Ireland’s annual emissions
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