Fossil Fuels

The report draws parallels between the 1970s oil shocks with Russia-Ukraine war and US-Israel war with Iran stating that such crisis reshape global energy systems. A new report by Ember showed that the twin fossil fuel shocks of the 2020s are speeding up a structural change towards clean energy, with long term implications for oil, gas, and energy security.

The ongoing war between the US-Israel and Iran in West Asia can fundamentally reshape the global energy landscape, according to a report released by Wood Mackenzie. The sectoral analysis suggested that a sustained geopolitical crisis can act as a powerful catalyst, accelerating a worldwide shift toward energy independence. This can ultimately result in the decrease of global oil demand by 20% and gas demand by 10% by 2050. 

A new report involving 18 major steelmakers operating across 29 countries showed that none are currently ready to transition to net-zero emissions production. The report titled “SteelWatch Corporate Scorecard: The Transition Readiness Gap” said coal dependence remains the norm, despite many firms committing to long-term climate goals. 

Global oil and gas prices continue to rise as the war between US-Israel and Iran continues. With energy exports from West Asia on pause, and oil ships and energy facilities being attacked, production and transportation of oil and gas has stopped across the Gulf. 

A new analysis by 350.org and zero carbon analytics found that 68% of global oil production is impacted by US aspirations to dominate the world’s oil and gas markets. The Trump administration’s latest National Security Strategy, which detailed plans to broaden its

A new analysis by the Centre for Research on Energy and Clean Air (CREA) found that both India and China recorded a decline in coal power generation for the first time since 1973, after the nations added recorded amounts of clean energy. The analysis showed that power generation from coal fell by 1.6% in China and by 3.0% in India in 2025

The United States’ military operation in Venezuela and the kidnapping of President Nicolás Maduro and his wife Cilia Flores have received widespread criticism from energy and geopolitical experts. They fear that this intervention will risk market volatility and increased dependence on fossil fuels.

India is planning to extend the coal power capacity and potentially building new plants until 2047, reported Bloomberg. It added that the proposal marked a major shift from current projections that see net additions peaking by 2035. However, another report said that India is not planning to build new coal power plants beyond 2035.

The recent storms in South and South East Asia have triggered deadliest floods and extreme monsoon season. The rise in temperature because of the rise in greenhouse gases from the burning of fossil fuels has been attributed to be the major cause of it. More than 1,000 people were killed as a result of different storms during the extreme monsoon

The European Union’s latest Projects of Common Interests (PCI) and Projects of Mutual Interests (PMI) list, lists of cross-border energy infrastructure projects designated by the European Commission as crucial for energy and climate goals, is set to include over a hundred hydrogen projects, twice as many as in the previous PCI list, according to the CEE Bankwatch Network.

With Brazilian President Luiz Inácio Lula da Silva flying into Belém on Wednesday, two things changed at the COP30 venue — the mood became more urgent, and the phrase ‘fossil fuel phase out’ was on everyone’s tongues. While the need to ‘transition away from fossil fuels’ was one of the key takeaways from COP28 held in

The latest Global Carbon Budget report found that fossil fuels carbon dioxide (CO2) emissions are projected to rise 1.1% in 2025, reaching a record high.The remaining carbon budget for 1.5°C (around 170 billion tonnes of CO2 ) will be exhausted in about four years if emissions continue at current levels.

Oil prices fell more than $2 a barrel as OPEC body predicts supply demand balance in 2026 contrasting with earlier predictions of a supply deficit, reported Reuters. The US government reopening is expected to boost economic activity and crude oil demand. The US is expected to release its outlook soon.

Countries around the globe are facing growing energy security threats and long-term threats across the range of fuels and technologies. This has placed energy at the heart of geopolitical tensions and elevated it as a core issue of economic and national security, said the World Energy Output Report, 2025 by the International Energy Agency (IEA).