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FILE PHOTO: U.S. President Joe Biden speaks at a reception for newly elected Democratic members of Congress, in Washington, U.S. January 5, 2025. REUTERS/Nathan Howard/File photo
BusinessEconomyElectric Vehicles (EVs)ElectricityEmissionsEnvironmentGeothermalHydropowerLegislationNatural GasNewsNuclear PowerOilPoliticsRegulationsSolarWind

Biden team wraps up expanded clean energy credit guidance

Biden finalizes clean energy tax credit guidance, extending IRA benefits to diverse low-carbon power sources amid climate change push.

By Reuters7 Jan 2025Reuters
FILE PHOTO: CEO of Hess Corporation, John B. Hess speaks during the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023. REUTERS/Hasnoor Hussain/File Photo
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Hess CEO upbeat on oil demand, says Guyana’s potential barely scratched

Hess CEO John Hess sees a nearly balanced oil market with strong shale and Guyana prospects, yet warns of potential volatility ahead.

By Sheila Dang7 Jan 2025Reuters
FILE PHOTO: U.S. President-elect Donald Trump makes remarks at Mar-a-Lago in Palm Beach, Florida, U.S. January 7, 2025. REUTERS/Carlos Barria/File Photo
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Trump says he will revoke Biden offshore drilling ban immediately

Donald Trump says he will revoke the offshore oil and gas drilling ban announced by outgoing Democratic President Joe Biden.

By Reuters7 Jan 2025Reuters
Total Energy Services Inc. says it is planning $61.9 million in capital spending for 2025.The company's logo is shown in a handout. THE CANADIAN PRESS/HO
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Total Energy Services plans $61.9 million in capital spending for 2025

Total Energy to spend $61.9M in 2025 on Canadian rig upgrades, gas compression, and carry forward $16.6M from 2024.

By CP7 Jan 2025The Canadian Press
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 10, 2024. REUTERS/Brendan McDermid/File Photo
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Oil services provider Flowco seeks up to $2 billion valuation in US IPO

Flowco Holdings seeks up to $2B valuation in U.S. IPO, riding capital market rebound and bullish equity trends.

By Reuters7 Jan 2025Reuters
FILE PHOTO: Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
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Trump promised swift action on LNG exports, but advisers preaching patience

Trump advisers urge a patient approach to LNG export approvals to avoid rapid approvals being overturned in court.

By Jarrett Renshaw and Timothy Gardner7 Jan 2025Reuters
FILE PHOTO: Flames come out of a domestic gas ring on a stove in Manchester, Britain, September 20, 2021. REUTERS/Phil Noble/File Photo
BusinessEconomyEmissionsIndustryInfrastructureNatural GasNewsPoliticsRegulationsUtilities

Trump weighing executive order protecting gas stoves, sources say

Trump mulls executive order to shield gas appliances from regulations, amid debates on climate and health impacts.

By Jarrett Renshaw and Nichola Groom7 Jan 2025Reuters
A wide-view image of the Mecca Hills showing various canyons and slopes. (GETTY IMAGES NORTH AMERICA)
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Eyeing green legacy, Biden declares new national monuments

Biden's move will protect Chuckwalla National Monument in southern California from drilling, mining, and solar energy farms.

By AFP7 Jan 2025Agence France-Presse
FILE PHOTO: Immigration inspection officers in protective suits check a tanker carrying imported crude oil at the port in Qingdao, Shandong province, China May 9, 2022. China Daily via REUTERS /File Photo
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China’s Shandong Port, entry point for most sanctioned oil, bans US-designated vessels

The move comes weeks after the U.S. imposed further sanctions on companies and ships that deal with Iranian oil.

By Chen Aizhu, Siyi Liu and Trixie Yap7 Jan 2025Reuters
A view of the retired Agios Georgios power station in Keratsini suburb, near Athens, Greece, January 3, 2025. REUTERS/Louiza Vradi
AnalysisBusinessCoalEconomyElectricityFuelIndustryNatural GasNuclear PowerOffshore WindPoliticsUtilitiesWind

Europe’s power price divide hits southeastern economies

Greek businesses and households face soaring energy costs, as uneven investment deepens Southeast Europe's energy crisis.

By Angeliki Koutantou, Forrest Crellin and Edward McAllister7 Jan 2025Reuters

Latest on Kathari

The entrance to oilfield service provider SLB's office in Houston, Texas, showing the former Schlumberger's new name and logo, is seen in this handout image taken June 2023. Courtesy of SLB/Handout via REUTERS
BusinessOil

SLB’s Russian assets valued at $600 million in 2024, unchanged from 2023

22 Jan 2025Reuters
Jonathan Brearley, the chief executive of Ofgem, speaking to MPs on Wednesday (House of Commons/PA)
BusinessElectricityFinanceFuel

Ofgem boss demands new powers to recoup cash when energy firms collapse

22 Jan 2025UK PA Media
The Energy Skills Passport will help workers go from oil and gas to offshore wind (Big Partnership/PA)
EconomyLabourNatural GasOilPolitics

Pilot scheme to help oil and gas workers transition to renewables launches

22 Jan 2025UK PA Media
FILE PHOTO: Plastic letters arranged to read "Sanctions" are placed in front of Russian flag colors in this illustration taken February 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessOilPoliticsTrade

Middlemen have halted Russian oil cargo offers after US sanctions, Indian refiner says

22 Jan 2025Reuters

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FILE PHOTO: Oil pumpjacks and tanks are pictured in a farmer's field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo
BusinessEconomyOilPoliticsRegulationsTrade

US oil imports from Canada hit record ahead of tariff threat, EIA data shows

8 Jan 2025Reuters
dian oil and gas stocks climbed Monday as the country's energy sector absorbed the news of Prime Minister Justin Trudeau's resignation. Pumpjacks draw out oil and gas from wells near Calgary on Monday, Sept. 18, 2023. THE CANADIAN PRESS/Jeff McIntosh
BusinessClimateEconomyEmissionsEnvironmentNatural GasOilPoliticsRegulations

Canadian oil stocks climb as industry absorbs news of Trudeau resignation

6 Jan 2025The Canadian Press
AnalysisCritical MineralsEconomyEfficiencyElectric Vehicles (EVs)ElectricityHydropowerIndustryInfrastructureManufacturingSolarStorageTransmissionUtilitiesWind

Australia needs better ways of storing renewable electricity for later. That’s where ‘flow batteries’ can help

4 Jan 2025The Conversation
Solar car port generating green electricity with cars parked at a parkade at the Telus Science Center in Calgary, Alta., on Oct. 30, 2024. (Ramon Cliff/Alamy via Reuters)
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Learn from Canada’s world-leading battery energy storage production for transport

19 Dec 2024Kathari News

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