Lauren Abbott

  • CoalPhoto of European Climate Bank Pulls Funds From Fossil Fuels 

    European Climate Bank Pulls Funds From Fossil Fuels 

    Since the start of a massive divestment movement several years ago, billions of dollars have been pulled out from fossil fuel funding. From non-profits to churches and universities, the list of organizations that have turned away from the industry continues to grow.  This week, it was announced that the European Investment Bank (EIB) plans to stop investing its capital into…

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  • PetroleumPhoto of Common Oil Investment Scams (And How You Can Avoid Them)

    Common Oil Investment Scams (And How You Can Avoid Them)

    The oil industry has long been viewed as a lucrative business for investors. For this reason, billions of investor dollars are circulated through the market every year in hopes of gaining big profits and fast returns. Unfortunately, the buzz around the industry often attracts scammers who are looking to make their cut, usually by targeting elderly or otherwise inexperienced investors.…

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  • PetroleumPhoto of Onshore vs Offshore Drilling Projects: Where Investors Will Find The Best Returns

    Onshore vs Offshore Drilling Projects: Where Investors Will Find The Best Returns

    The oil and gas industry has long been regarded as a lucrative business for investors, attracting billions of dollars in funding every year. Although it comes with high levels of risk, the reward for smart and patient investors is unmatched.  Thanks to new technological advancements, drilling projects are expanding all over the world, both onshore and offshore. These developments raise…

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  • PetroleumPhoto of How Artificial Intelligence Is Advancing The Oil and Gas Industry 

    How Artificial Intelligence Is Advancing The Oil and Gas Industry 

    Artificial intelligence and machine learning technologies are becoming more accepted across multiple trades. With the help of these advanced applications, industry leaders can scale their businesses forward by increasing knowledge and productivity.  The oil and gas business is not excluded from this progression. In fact, the fossil fuel industry has been impacted significantly by the use of disruptive technologies in…

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  • AlternativesPhoto of Fossil Fuel Industry Challenges Caused By Climate Change

    Fossil Fuel Industry Challenges Caused By Climate Change

    There has been a growing concern about changes in the environment stemming from emissions and pollution over the past several years, and the general public is beginning to disagree with the use of fossil fuels as a primary source of energy as a result. Society’s solicitude for climate change has, in turn, grown into much larger problems for the oil…

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  • PetroleumPhoto of How Oil Drilling Works From Start To Finish  

    How Oil Drilling Works From Start To Finish  

    There are numerous ways in which we use oil every day. Whether it is used in its natural form or refined into other products such as gasoline and jet fuel, you can find it almost anywhere. To gain access to these resources, the process of oil drilling must take place. This task involves using an industrial oil drill to extract…

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  • PetroleumPhoto of Cutting Ties: These Are The Organizations That Divested From Fossil Fuels

    Cutting Ties: These Are The Organizations That Divested From Fossil Fuels

    Fossil fuels, including petroleum, coal, and gas, account for close to one hundred percent of daily energy use all around the world. Although we use these resources for almost everything we do, the harmful emissions they release into the air contribute substantially to global warming and climate change.  For this reason, vast amounts of people have chosen to take a…

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  • PetroleumPhoto of Messy Past: A Brief History of Oil Spills Worldwide 

    Messy Past: A Brief History of Oil Spills Worldwide 

    Oil and gas account for nearly 80 percent of all energy that we use daily. These resources are used to power homes, businesses, schools, and entire cities, all being drawn out of the ground directly from the process of oil drilling. Once the resources are collected, they are stored in large containers, sometimes being shipped across the ocean.  Due to…

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  • PetroleumPhoto of Everything You Need To Know About The Deepwater Horizon Oil Spill

    Everything You Need To Know About The Deepwater Horizon Oil Spill

    The oil industry has supplemented a large percentage of the global energy demand for hundreds of years. In spite of the benefits that come with the results of oil drilling, certain major accidents that occur every now and then have left a mark in the history of fossil fuels. One of the most notable of these incidents is known as…

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  • AlternativesPhoto of Can Fossil Fuels Recover From Massive Divestment Movement?

    Can Fossil Fuels Recover From Massive Divestment Movement?

    There is no doubt that fossil fuels, including oil and gas, have provided the majority of the energy that we need every day, worldwide. Despite their widespread use, however, there has been a large amount of pushback against the industry stemming from environmental concerns. From these challenges, the Fossil Fuel Divestment Movement emerged. What Is The Fossil Fuel Divestment Movement?…

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