Oil

197 investors sue Glencore over “untrue statements” in its prospectuses

A total of 197 funds are seeking damages from Swiss mining giant Glencore over allegations that the company made misleading…

Ecuador votes to ban oil extraction and mining at two locations

Following two referendums, Ecuador has voted to ban oil drilling in a protected part of the Amazon rainforest, as well…

Oil and gas companies rush into lithium

Rising lithium prices are luring several major oil and gas companies towards the lithium market. Equinor, ExxonMobil, Occidental Petroleum and Schlumberger are among…

Raiden and Ngarluma reach Mt Sholl heritage exploration agreement

Raiden Resources has signed a native title and heritage exploration agreement (NTA) with the Ngarluma Aboriginal Corporation (NAC) for the…

Which countries rely on Russian trade?

A UN vote concluded on 2 March 2022, overwhelmingly condemning the Russian invasion of Ukraine. It also demanded a full…

Russia exodus shows the level of scrutiny Big Oil is now under

Oil majors always used to be masters of risk. While many industries focus on safer expansion, gradually shifting beyond markets…

What does IPCC Report II tell energy businesses about their future?

A report by the Intergovernmental Panel on Climate Change (IPCC) has spelled out how global warming and climate change will…

Paying a premium: how commodity exchanges are going green

Pricing pollution is hard. New regulations are fought over tooth and nail. The companies responsible often have deep pockets and…

Corporates press ahead with carbon offsetting as debate rages

Carbon offsetting is back. Once vilified by environmentalists and climate change deniers alike, the practice of buying carbon credits to…

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