April 28, 2016

April 27, 2016

April 26, 2016

Saudi Prince: From 2020, We Can Survive Without Oil

Saudi Arabia officials approved this week new economic reforms aimed at reducing the country's reliance on oil revenues.

"I think by 2020, if oil stops we can survive," Saudi Arabian deputy crown prince Mohammed bin Salman said in a recent televised interview. "We need it, we need it, but I think in 2020 we can live without oil."

BP Earnings Plunge

Oil giant BP reported on Tuesday a loss of $583 million in its first-quarter earnings for 2016.

April 25, 2016

Texas Oil Rig Count Keeps Falling

Texas lost another seven rigs actively drilling for oil in the past week, leaving just 351 oil rigs left nationwide as the energy sector continues to shed jobs by the thousands, according to Fuel Fix.

April 22, 2016

Paris Climate Agreement on Track for Early Start

As many as 170 countries are expected to sign the Paris Agreement on climate change Friday in a symbolic triumph for a landmark deal that once seemed unlikely but now appears on track to enter into force years ahead of schedule.

US, China Resist Shipping Emissions Curbs at UN Meeting

The US sided with emerging economies on Thursday against proposals to set a greenhouse gas emissions target for shipping.

In contrast to President Barack Obama's urgent rhetoric on climate action, the US envoy favoured an incremental approach at the International Maritime Organization (IMO) in London.

April 21, 2016

Senate Passes Energy Legislation That Largely Ignores Climate Change

The Senate on Wednesday passed the first broad energy bill since the George W. Bush administration, a bipartisan measure to better align the nation's oil, gas and electricity systems with the changing ways that power is produced in the United States.

The bill largely avoided the hot-button topics of climate change and oil and gas exploration that have thwarted other measures.

Study: Global Warming Giving US More Pleasant Weather--For Now

Global warming has mostly made the weather more pleasant for Americans over the last 40 years. But scientists warn the perceived benefit of global warming - mostly milder winters - will soon be outweighed by more oppressive summer heat and other weather extremes such as droughts and floods.

April 20, 2016

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