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U.S. oil companies seem to be losing interest in Iraq, which a decade ago was seen as the big prize in the global energy business.
It will take something close to a miracle to stop average temperatures rising more than 2 degrees and sea level rise down to 3 feet because of climate change.
China's muscling into Iraq's oil sector as Baghdad grapples with defections by international majors like Exxon Mobil, Chevron and Total,
Canada needs to capitalize on its booming oil sector to maintain a leadership position in an evolving energy market, the IEA's top economist said.
Iraq's strategic effort to become the world's leading oil producer has taken some bad knocks but Russia appears ready to step in.
Chinese oil companies are showing a growing interest in Iraq's oil industry.
Environmentalists say a report by an international agency based in Paris predicting a "golden age" of gas plays down possible catastrophic climate consequences.
Carbon dioxide emissions tied to the burning of fossil fuels reached a record level of 31.6 gigatons last year, the International Energy Agency reports.
Australia has scrapped the planned $8.8 billion expansion of the Abbot Point coal terminal in Queensland.
The IEA said it was investigating implications of a potential investment shortfall in upstream activity in the Middle East and North African energy sector.
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United Press International
United Press International
United Press International
United Press International
United Press International
