Skip to main content

Search

Items tagged with: oil


ANALYSTS: #UKRAINE OIL FACILITY ATTACKS WORKING:

Ukrainian drone attacks on Russia's #oil refining industry, which began in January, are one of the best strategic moves by Ukrainian forces in this war, argue three scholars — Michael Liebrich, Lauri Mullivirta, and Sam Winter-Levy - in Foreign Affairs.

https://www.foreignaffairs.com/ukraine/why-ukraine-should-keep-striking-russian-oil-refineries


New: #Oil Companies Contaminated a Family Farm. The #Courts and Regulators Let the Drillers Walk Away.
==

The oil and #gas industry has reaped profits without ensuring there will be money to plug and clean up their wells.

In #Oklahoma, that work could cost more than $7 billion if it falls to the state.

#news #Pollution #Environment #Safety

https://www.propublica.org/article/oklahoma-oil-cleanup


"Oil in the North Sea is expected to be net-energy negative by 2031. This means that in 2031, it’ll cost more energy to extract the fossil fuels than we would gain by using them, rendering extraction unfeasibly expensive. Yet, rather than use our remaining years of access to these fuels to turbo-charge new energy infrastructure, fossil fuels are being extracted and burned for business as usual: quick cash. Around the world, the lights will go off in nations that don’t have back-up renewables. That’s most of them."
https://www.resilience.org/stories/2024-04-15/the-oil-crash-is-coming-sooner-than-we-think/
#oil #JustTransition #LightsOff #PeakOil #ukpolitics