As peat bogs burn, a climate threat rises
In discussions of how nature regulates carbon dioxide in the atmosphere, forests receive most of the attention for their ability to absorb and store carbon. But peatlands play an important role, too.
Militants blow up oil well in Iraq’s northern Kirkuk province
A group of gunmen blew up a bomb at the Bai Hassan oil field in Iraq’s northern province of Kirkuk on Wednesday, China’s news agency Xinhua reported, citing a provincial police chief
Climate scientists make a bold prediction about sea level rise
One of the great things about science is that it allows you to make predictions. Three top climate scientists just made a very bold prediction regarding sea level rise; we should know in a few years if they are correct.
Can a North Dakota oil town break the boom-bust cycle?
With gas prices having plummeted, the residents and leaders of Williston are left wondering if their city can turn short-term gains into long-term growth.
For oil companies, $110 billion debt wall looms over next 5 years
The worst may be yet to come for some strained oil services companies as $110 billion in debt, most of it junk rated, creeps closer to maturity.
OPEC ‘smoke and mirrors’ may be all it needs to boost oil
Just the whiff of an OPEC meeting has driven oil prices higher, squeezed shorts in the futures market — and made further inaction by the cartel more likely.
Study: Electric vehicles don’t have a chance unless oil prices increase 1,000 percent
Oil prices would have to skyrocket above $350 per barrel for electric vehicle makers to make a dent in the auto market, according to a study done by researchers at the University of Chicago.
Cheap oil has killed nearly 200,000 U.S. jobs
Since oil prices began to fall in mid-2014, cheap crude has been blamed for 195,000 job cuts in the U.S., according to a report published by outplacement firm Challenger, Gray & Christmas.
Cities rush to measure climate footprint after Paris deal
The number of cities reporting on their efforts to tackle global warming has risen 70 percent to 533 around the world since the adoption of the Paris climate change agreement in 2015, the group collecting the data said
The problem with Big Oil — It’s too big
If what has been happening in oil and gas over the last two years was made into a TV show, it would have been a real hit.
