Macro

US military warns of “environmental disaster” after spill in Red Sea caused by Houthi attacks

Centcom has warned of an “environmental disaster” following an attack by Yemen’s Houthis on a cargo ship that caused an…

Q&A: GlobalData’s Papadopoullos on net-zero strategy for businesses

As climate change impacts the world, businesses are having to take measures to comply with regulations, minimise emissions and protect…

Weekly data: Red Sea crisis could quadruple CO₂ emissions from ships

The diversion of more than 100 container ships around the southern tip of Africa, from their usual Asia-to-Europe route from…

Canadian First Nation opposes Obsidian Energy drilling plans

The Woodland Cree First Nation (WCFN) indigenous group in northern Alberta, Canada, has given a notice of opposition to the…

Global oil demand growth falls as non-OPEC supply gains dominance, says IEA

Global oil demand growth is losing momentum, with annual gains easing from 2.8mbbl/d in Q3 2023 to 1.8mbbl/d in Q4…

Google to monitor oil and gas methane emissions from space

Google and the environmental group Environmental Defense Fund (EDF) announced they have partnered on a satellite project to monitor and…

Trinidad and Tobago prime minister says mystery oil spill “national emergency”

Trinidad and Tobago’s Prime Minister, Keith Rowley, has said that a large oil spill off the nation's coast is now…

Trinidad and Tobago oil spill impacts food security, industry, carnival

Trinidad and Tobago is poised to declare a national emergency as authorities and volunteers struggle to clean up a massive…

Businesses lack faith in industry-wide ESG commitments – GlobalData survey

Despite 2023 being the planet’s warmest year on record, businesses do not believe that wider industry is taking environment, social…

Q4 2023 update: environmental sustainability related private equity activity in the oil & gas industry

Analysis of the key themes driving private equity deal activity reveals that environmental sustainability accounted for 4 oil & gas…

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