Arctic Oil 'Undrillable' amid Global Warming -UN's Ex-climate Chief
An architect of the Paris climate agreement urged governments on Tuesday to halt oil exploration in the Arctic, saying drilling was not economical and warming threatened the environmentally fragile region.Christiana Figueres, formerly head of the U.N.
Coal: Adani defers Australian Investment Decision
India's Adani Enterprises on Monday deferred a final investment decision on its long-delayed Australian Carmichael coal project as the Queensland state government has yet to sign off on a royalty deal for the mine. The…
Record Day One Signatures Expected for Climate Deal
A Paris deal to slow climate change is set to be signed by more than 165 countries at the United Nations on Friday, the most states to endorse an international agreement on day one, a record backers hope will inspire swift implementation.
Why the Commodity Mega-Projects Era is Over
Want a snapshot of the problems facing natural resource companies and why the era of big projects is over? Consider the recent dilemmas of Chevron, Adani and Fortescue Metals in Australia. The first is battling cost overruns…
Adani's Australia Coal Mine Hits Environmental Snag
Environment approval pulled pending gov't resubmission. An Australian court on Wednesday revoked the government's environmental approval for one of the world's biggest coal mines under construction in the Australian outback by Indian conglomerate Adani Mining.
Australia Reveals Barrier Reef Protections
UNESCO's World Heritage Committee is due to decide in June whether to put the reef on its "in danger" list because its corals have been badly damaged and some of its animal species, including dugong and large green turtles, are threatened.
Australia Approves Adani's $16 bln Carmichael Coal Project
The Australian government on Monday approved Indian firm Adani Mining Pty Ltd's controversial A$16.5 billion ($15.5 billion) Carmichael coal and rail project in Queensland, subject to strict conditions to protect groundwater.
Adani Taps POSCO to Build Rail Line for Australia Coal Project
India's Adani Mining Pty Ltd on Thursday said South Korea's POSCO Engineering & Construction Co Ltd will build the rail line for a long-delayed A$16.5 billion ($15 billion) coal and rail project in Australia. The cost…
Banks Won't Fund Coal Port Expansion near Reef
Germany's largest bank, Deutsche Bank AG, has declared it will not finance a controversial coal port expansion in Australia near the Great Barrier Reef, responding to calls from environmental groups and tourism operators.
