oil Archives - Renew Economy

Policy & Planning

“This is total, total greenwash”: Santos claims massive Alaska oil project will be carbon neutral
Santos says its 80,000 barrels a day Pikka oil project off Alaska will be a net-zero project. Critics say that’s pure spin.
Anna Pradhan

Aug 19, 2022

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Australia’s fossil fuel producers are revelling in surging profits
Across the board, Australia’s fossil fuel producers are reporting record profits as they drain consumer wallets, but Labor resists calls for windfall profit tax.
Michael Mazengarb

Jul 21, 2022

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Policy & Planning

Stranded fossil fuel assets could cost investors and retirement funds $2 trillion
Financial losses from stranded fossil fuel assets could total $2 trillion, including a big hit to Australia’s retirement savings. Food for thought for AGL investors.
Michael Mazengarb

May 27, 2022

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Policy & Planning

Fossil fuel industry says it understands climate risks. But just doesn’t care
“Decarbonisation, not defossilisation” is the new catchcry of the fossil fuel industry as new research highlights risks of climate tipping points.
Michael Mazengarb

May 18, 2022

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Policy & Planning

Morrison spends another $250m on oil refineries, EVs ignored
Morrison government spends a further $250m to keep Australia hooked on oil, as advocates plead for support to boost EV uptake.
Michael Mazengarb

Apr 13, 2022

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Coal

Australian and global fossil fuel giants make $1 trillion bet against global climate efforts
Australian and global oil and gas companies continue to pour huge amount of investment growing their production, defying global climate targets, new report finds.
Michael Mazengarb

Sep 13, 2021

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Policy & Planning

Woodside-BHP oil and gas merger “disastrous” for climate, and some shareholders
BHP and Woodside to merge oil and gas businesses, creating a $41bn giant. It might be good for BHP, but could be a disaster for the climate.
Michael Mazengarb

Aug 18, 2021

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Wind

How floating wind microgrids are powering oil and gas rigs
Odfjell Oceanwind is renting out its WindGrid technology – mobile offshore wind units of 11MW each that serve microgrids powering oil and gas rigs.
Lisa Cohn

Jul 21, 2021

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New government subsidies deepen Australia’s reliance on fossil fuels for transport
Morrison government policies are working to grow Australia’s dependence on transport fuels, rather than improving energy security.
Ketan Joshi

Jan 12, 2021

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Coal

Burning money: Fossil fuel stocks worst performers on ASX over last decade
Analysis shows publicly-listed fossil fuel companies ranked amongst the ASX worst performers for the last decade.
Michael Mazengarb

Jul 3, 2020

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Taylor allows jet fuel to be converted to diesel, as oil offered lifeline and EVs ignored
Taylor allows refiners to convert excess jet fuel into diesel for vehicles as part of a broader oil industry package that once again ignores electric vehicles.
Michael Mazengarb

Jun 15, 2020

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Oil price wars, Covid-19 havoc, green energy tip the scales in US-China trade war
Oil price crisis and its impact on US shale oil production is revealing where China and the US stand with their very different energy strategies.
John A. Mathews

May 29, 2020

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