Saudi Aramco

Hundreds of executives and government officials from oil-producing nations around the world are gathering in Calgary this week, against the backdrop of growing global pressure to reduce greenhouse gas emissions.

A peer-reviewed paper proposes that the top 21 polluting companies pay $5.4 trillion over 26 years to compensate for climate damages.

Winning awards is usually considered a good thing. There are, however, various tongue-in-cheek honours that are more about mocking their recipients than celebrating their work.

Saudi Arabia’s state-run oil giant Saudi Aramco said on Tuesday, March 10, 2020, it would increase its crude oil production to 12.3 million barrels a day in April, a record amount.

Anxiety over the new coronavirus epidemic sent global stock markets and oil prices plunging on Monday, March 9, 2020, touched off prison riots in Italy and caused a cascading shutdown of sites and events ranging from Saudi schools to a Holocaust march.

Projected production surge in next 12 years to be led by Shell despite climate crisis.

New data shows how fossil fuel companies have driven climate crisis despite industry knowing dangers

The price of oil fell on Wednesday, September 18, 2019, after Saudi officials announced oil production halted by an attack on the heart of its oil industry would be fully restored within weeks.