The current economic downturn and turmoil may put efforts to curb climate change at risk, two UN officials leading the fight on the issue have warned.
Speaking on the first day of the World Economic Forum in Davos, Switzerland, Rajendra Pachauri, the chairman of the Intergovernmental Panel on Climate Change, said he was concerned that world […]

Interesting article from today’s Financial Times about China’s search for oil in Africa. It states: “Conventional wisdom suggests that China’s energy companies are marching across Africa, shoving aside established majors and grabbing huge oil reserves with the help of bottomless funding from Beijing.”
“A closer look reveals a more nuanced picture: China’s giants have won only […]

Its tough at the top. Twenty of the 100 highest-grossing U.S. law firms have started practices advising companies on climate change, according to Bloomberg. The attorneys help clients finance clean-energy projects and lobby Congress, typically billing $500 to $700 an hour.
The move into climate-change law is gaining traction as Congress considers a mandatory carbon market […]

U.S. Energy Secretary Sam Bodman has pleaded with Saudi Arabia for more oil, undeterred by OPEC’s cautious response to Washington’s request so far.
Bodman told reporters in Abu Dhabi there were short-term concerns about the performance of the U.S. economy and he was hopeful Riyadh would steer a decision to increase oil supplies at […]

Iraq has extended a deadline for international companies to register to bid for a role in developing some of the nation’s prized oil fields, until February 18, the Oil Ministry has confirmed.
Early this month, the Ministry had asked companies to submit by all necessary registration documents to allow them to bid for the oil fields […]