Fossil fuels
The latest chemistry news and research on fossil fuels, including oil and gas chemistry and carbon capture and storage, from the Royal Society of Chemistry's magazine, Chemistry World
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BusinessChevron and BP cutting thousands of jobs
Oil industry is broadly looking to cut costs, increase oil and gas production and cut renewable investments
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BusinessChemicals industry roundup 2024
Europe continues to struggle with high energy and feedstock costs, while US and Asia negotiate supply gluts
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BusinessShell appeal overturns ruling enforcing faster emissions cuts
Dutch court underlines firm’s climate responsibility but rejects legally binding reduction requirement
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BusinessUK’s Grangemouth refinery will close in 2025
Petroineos will convert site into a fuel import terminal with loss of 400 jobs
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BusinessElectrification of process heat stands to slash industry’s emissions
Technologies available now can decarbonise most heat demand, but cost and infrastructure barriers still exist
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BusinessInvestigation reveals multiple failures leading to fatal 2022 refinery fire
BP failed to shut down in time after ‘alarm flood’ overwhelmed operators
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BusinessOil and gas industry emissions are not on track to hit climate goals
Several big firms have rolled back their targets, saying governments need to set pace with policy
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BusinessOil terminal fire and explosion in Guinea kills 18
Over 200 injured, and loss of fuel stores threatens power generation
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BusinessChemicals roundup 2023
Chemical companies entered cost-cutting mode in a year dominated by overcapacity and slow demand
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BusinessExxonMobil to buy Pioneer for US shale oil dominance
$59 billion deal sees Exxon double its shale oil and gas production
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NewsNew carbon dioxide pollution standards proposed for US power plants
US environment agency estimates its new regulation would avoid over 600 million tonnes of carbon dioxide emissions from power plants by 2042
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BusinessFatal explosion and fire at chemical plant in China
Five dead, a further eight missing, and 30 more injured at Panjin Haoye Chemical
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BusinessExxonMobil scientists’ climate models were accurate, but hidden
Documents show internal predictions were as good as contemporary science but executives publicly downplayed their significance
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BusinessEuropean chemicals industry struggling to compete as costs surge
BASF plans major cost cuts as energy crisis saps profits
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BusinessGas shortage puts pressure on chemical feedstocks
Demand for fuels has constricted European supplies, pushing up prices and threatening rationing
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NewsEuropean parliament labels nuclear and gas investments as ‘environmentally sustainable’ activities
Decision branded a disgrace by environmental groups
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FeatureIs synthetic petroleum the missing link in the route to net zero?
Weaning our economy off liquid fuels could be impossible, so can we make them without the carbon emissions? Rachel Brazil surveys the scene
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NewsClimate must come first as Europe reduces reliance on Russian fuels
Experts warn that UK and EU proposals don’t do enough to protect the environment
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BusinessUkraine invasion rattles global supply chains
Russia’s war against Ukraine will impact supplies of metals, noble gases and more