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FOSSIL FUELS NEWS

Trump administration cancels clean energy grants as it prioritizes fossil fuels

March 29, 2025 1:46 pm

President Donald Trump declared an energy emergency early in his term and is working to speed up fossil fuel development, which he sums up as 'drill, baby, drill.'

Green energy, AI to shape future of humanity: Mukesh Ambani

January 29, 2025 10:26 pm

Ambani said the transition from fossil fuels to clean and green energy has to be accelerated.

Developed countries spent more on fossil fuel subsidies in 2023 than new climate finance package

December 19, 2024 4:06 pm

Developed countries spent USD 378 billion subsidising fossil fuels in 2023, surpassing the USD 300 billion they have collectively committed to provide annually to the developing world by 2035 to tackle climate change.

G20 omission of fossil fuel phase-out annoys COP29

November 19, 2024 10:03 pm

In the final agreement reached at COP28 in Dubai, countries had agreed to transition away from fossil fuels.

EET Fuels appoints Naresh Nayyar to its Board of Directors

October 16, 2024 8:17 pm

His return comes as EET Fuels aims to transform Stanlow into the world’s first decarbonised process refinery, targeting a 95% reduction in emissions by 2030.

The big victory for climate at COP28

December 15, 2023 10:01 am

There is no alternative to adopting a cross-domain and cross-disciplinary approach to resolving deeply interconnected challenges. COP 28 has pointed us in the right direction

How the Gulf is planning for a life after oil

November 24, 2023 10:51 am

The Gulf countries are marching ahead with an ambitious domestic transition to renewable energy. But there is little chance they will stop exporting fossil fuels any time soon.

India to set emission reduction mandates for 4 sectors, to start carbon trading from 2025: Report

September 26, 2023 1:53 pm

India will set carbon emission reduction targets for four fossil fuel dependent sectors, as the Asian country looks to align its industry with the country's greenhouse emissions reduction target, two government officials said.

G20 countries gave record $1.4 trillion to support fossil fuels in 2022: report

August 23, 2023 2:01 am

The report comes ahead of the Leaders’ Summit when the Group of 20 will meet in Delhi on September 9-10 and attempt to gain consensus on climate change.

No consensus on fossil fuels at G20 energy meet

July 23, 2023 1:30 am

Responding to media persons, the Union Minister for Power and New and Renewable Energy, R K Singh, said fossil fuel was one key sticking point among other issues on which consensus could not be reached.

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