Eco-Business

Oil pollution can travel far beyond its source, exposing marine protected areas to contamination from vessels and offshore operations outside their boundaries.

Long-term power purchases could unlock investment in renewables and transmission as Asean advances cross-border electricity trade, say energy transition specialists at the close of the 44th Asean Ministers on Energy Meeting. Ministers also urged regional cooperation to cut methane emissions from oil, gas and coal.

A large number of parked cars in Indonesia

The sector requires US$6.2 trillion by 2060 under Asean’s coordinated transition scenario, but high financing costs threaten progress, found a new study by the Asean Centre for Energy.

Cebu’s recurring grid alerts expose a flaw in Philippine renewable procurement, as low-cost projects on outlying islands cannot always supply the Visayas’ biggest power market, leaving Cebu reliant on costly diesel, says Aurora Energy Research’s Patrick Tan.

By Miriam Bahagijo

By Tom Baxter

By Ahmad Pathoni

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While there is no single prescription for energy security, strengthening 'response capacity,' such as by establishing stockpiles, substituting sources, and diversifying suppliers, is essential. The point is not to eliminate vulnerabilities altogether, but to ensure that there are options when disruption arrives. By Diego Hernandez Diaz, Luciano Di Fiori and Tiago Devesa

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. By Carlos Nobre, Johan Rockström and Robert Muggah

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. By Daniel Driscoll

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. By Murat Kurum

By Máximo Torero

By Philippe Le Billon

By Firdausi Suffian

By Nicole Martens

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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.

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.

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.

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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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 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.

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.

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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