#oil News

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China is pouring investment into Indonesia’s petrochemical industry. But will its stricter environmental standards at home apply abroad?
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Reducing plastics dependence may be a better way to ensure supply and meet environmental and climate commitments.
Indonesia_Decarbonisation_Governance
As the country walks a tightrope between growth and environmental impact, decarbonising its petrochemicals industry is a key challenge.
TNB LSS at Sepang
As Malaysia moves to retire coal power by 2044, the country has an opportunity to turn retiring coal sites into clean energy hubs and accelerate the deployment of solar, storage and other renewable technologies.
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#oil Opinion

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Policy & Finance

War and climate

The closure of the Strait of Hormuz showed how quickly a regional conflict can throw global energy markets into chaos. By pushing governments toward coal and biofuels, the war could accelerate deforestation and undermine climate negotiations, with environmental consequences that will linger long after the fighting ends.
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Consumption demand, which has long powered America’s formidable economy, rests on the promise of cheap energy. But the Trump administration has conflated that with fossil fuels, confusing historic correlation with causation and, in the process, jeopardizing long-term prosperity.
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The war in the Gulf has unleashed powerful market forces that the rest of the world can harness to accelerate electrification and keep the Paris climate agreement's primary objectives on track. Doing so will not only mitigate climate change, but also strengthen economic resilience worldwide.
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Perhaps the most unsettling lesson from the closure of the Strait of Hormuz is the gap between what we knew and how we prepared. Countries should use whatever easing of immediate pressures occurs to strengthen resilience before the next shock arrives.
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#oil Videos

GP clocks Shell oil terminal
The action comes despite the oil giant suing the environmental group for US$2.1 million after demonstrators boarded the company’s vessel at the Atlantic Ocean in January.
Mindoro oil spill_fisherfolk clean up
A coalition of scientists and environmentalists found “widespread economic impacts” for communities in the Philippine province, heightening calls for accountability from the sunken tanker reportedly chartered by a San Miguel Corp subsidiary.
fossil fuel warning on greenwash ads
In the video, environmental law group ClientEarth compares the oil and gas giant's advertisements on its low-carbon investments to a burger chain claiming that they’re vegan because they’ve got salad on the menu.
screen capture our home DONG energy
DONG Energy’s shift to 100 per cent renewable energy marks another important step in the global transition away from fossil fuels.
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#oil Podcasts

EDC podcast
EB Studio Critical to the country’s energy security in the 1970s, geothermal is now re-emerging as the Philippines’ biggest clean energy advantage at a time when countries are seeking reliable, round-the-clock renewable power, says Francis Giles B. Puno, president and chief operating officer of First Gen Corporation.
The EB Podcast Petronas COP28
The oil and gas sector needs to cut operational emissions faster, Charlotte Wolff-Bye tells the Eco-Business podcast. But slashing fuel output won’t do for the Asian supplier, and it welcomes respectful debate at the climate summit.
The Eco-Business Podcast
Eco-Business talks to Peter Kiernan, lead energy analyst for the Economist Intelligence Unit, to unpack a new landmark report from the International Energy Agency, which proposes an immediate ban on fossil fuels extraction to curb global warming.
Malampaya natural gas2
The Philippines has ended new coal development as it pursues a low-carbon future. Don Paulino of non-profit Philippine Energy Independence Council and boss of Shell's exploration arm, argues why natural gas should remain in the energy mix.
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