Fossil Fuels
The legacy fuels that powered the past, and challenge the future. How society navigates their decline matters.
Twin Fossil Fuel Shocks Speeding Global Shift to Clean Energy: Report
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.
West Asia conflict can cut global oil demand 20% and gas 10% by 2050: Report
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.
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Major Steelmakers Lag in Transition to Net-Zero Emissions Production: Report
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.
South Asia risks $107 billion investment in gas while West Asia war rages: Report
A massive $107 billion investment in gas infrastructure across South Asia may be built on shaky ground, according to a new report from Global Energy Monitor (GEM). While the region can benefit from an impending global liquefied natural gas (LNG) surplus, high project failure rates and the rapid rise of cheaper renewables threaten to turn these ambitious plans into stranded assets.
Oil, gas projects take 15 years to take off now: Report
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.
Over half of global oil output is in countries exposed to US pressure
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
Coal Power Generation Drops in India, China for the First Time in 52 Years
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
Experts Call US’ Attack on Venezuela Driven by Oil, Risks Market Fallout
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 to Expand Coal Power Capacity Until 2047 to Ensure Grid Stability and Energy Security
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.
Rise in Fossil Fuel Burning is Making Floods Lethal in Asia
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
EU to waste billions on hydrogen pipelines in new PCI list, warns experts
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.
Lula Pitches Fossil Fuel Phase-Out at COP30, But Can a Divided World Agree?
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
Fossil Fuels CO2 Emissions Hit Record in 2025 as Global Carbon Budget Nears Exhaustion
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.
OPEC Predicts 2026 Supply-Demand Balance, Leading to Another Drop in Oil Prices
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.
Rising Global Energy Demand Fuel Security Threats: WEO Report
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).
Brazilian President Calls For Fossil Fuel Phase Out, launches Biofuel Push at COP30
Brazilian President Luiz Inácio Lula da Silva called on world leaders to establish a global roadmap to end fossil fuel dependence and honour international commitments to triple renewable energy capacity and double energy efficiency by 2030. He said that it is essential for countries to leave Belém with NDCs aligned with the 1.5°C mission committed to in Dubai.
Coal Addition Beyond the National Electricity Plan 2032 Uneconomical: Report
A recent study found India does not need to add more coal plants beyond the existing National Electricity Plan 2032. The report titled “Coal’s diminishing role in India’s electricity transition” by Ember, an energy think tank, said adding more capacity can be uneconomical. According to the report, India can meet its power needs through solar, wind, and energy targets