Wednesday, 22 January 2025

Focus on Fuel

FILE PHOTO: A crude oil tanker sails in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel/File Photo
BusinessNewsOilPoliticsTrade

China’s crude oil imports from top supplier Russia reach new high in 2024

Volumes from Russia — including pipeline and seaborne supplies — amounted to 2.17 million barrels per day.

Indonesia opened its carbon exchange to international buyers on Monday, aiming to raise funds to help meet ambitious domestic climate goals (AFP)
BusinessCoalElectricityEmissionsEmissions MarketsEnvironmentNewsRegulationsSolarVoluntary Carbon Markets (VCMs)Wind

Indonesia launches international carbon exchange

Indonesia launches a carbon exchange for global buyers, seeking funds to achieve ambitious climate goals.

President-elect Donald Trump speaks during a meeting with Republican governors at Mar-a-Lago, Thursday, Jan. 9, 2025, in Palm Beach, Fla. THE CANADIAN PRESS/AP-Evan Vucci
ElectionsEmissionsEnvironmentFuelNatural GasNewsOilTrade

Tariffs, deportations and ‘drill, baby, drill’: What to watch for as Trump returns

The looming threat of devastating tariffs slapped against Canada hangs over Trump's return to the White House on Monday.

Sheep graze on a solar farm owned by SB Energy on Tuesday, Dec. 17, 2024, in Buckholts, Texas. (AP Photo/Ashley Landis)
ElectricityEnvironmentNatural GasNewsSolarWind

Solar farms are booming in the US and putting thousands of hungry sheep to work

The booming solar industry has found an unlikely mascot in sheep as large-scale solar farms crop up across the U.S.

The sun sets behind an oil drilling rig in Prudhoe Bay, Alaska on March 17, 2011.  REUTERS/Lucas Jackson/File Photo
CourtsEnvironmentMiningNatural GasNewsOilPolitics

Republican-led states sue Biden administration over offshore drilling ban

Republican-led states sue over Biden's ban on new offshore oil and gas projects along most U.S. coastlines.

Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
FuelLegislationNatural GasNewsOilTrade

US FTC finalizes consent order for $53 billion Chevron-Hess merger

The U.S. Federal Trade Commission approves a consent order to resolve antitrust issues in Chevron's $53B Hess takeover.

FILE PHOTO: Miniatures of windmill, solar panel and electric pole are seen in front of words Clean energy in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
ElectricityFinanceFuelNewsPolitics

US clean energy tax subsidies to cost $825 billion over 10 years, CBO says

U.S. clean energy subsidies under Biden's Inflation Reduction Act to raise deficits by $825B over the next decade, CBO says.

Imperial Oil logo at the company's annual meeting in Calgary on April 28, 2017. THE CANADIAN PRESS/Jeff McIntosh
NewsOilRegulations

Alberta Energy Regulator lays nine charges against Imperial Oil for 2023 spill

Alberta charges Imperial Oil over 5.3M-litre toxic wastewater spill at Kearl site, citing environmental and reporting failures.

FILE PHOTO: Holding tanks are seen in an aerial photograph at Colonial Pipeline's Charlotte Tank Farm in Charlotte, North Carolina, U.S. May 10, 2021. REUTERS/Drone Base/File Photo
InfrastructureNatural GasNewsOilTransmission

Colonial Pipeline restarts main gasoline artery after fixing leak in Georgia

Colonial Pipeline restarts Line 1 after Georgia leak, restoring gasoline supply to East Coast markets with minimal disruptions.

FILE PHOTO: Solar panels are set up in the solar farm at the University of California, Merced, in Merced, California, U.S. August 17, 2022. REUTERS/Nathan Frandino/File Photo
ElectricityFinanceFuelNewsRegulations

Biden protects 84% of IRA clean energy grants from being clawed back

Biden secures 84 per cent of $96.7B in clean energy grants under the IRA, shielding funds from Trump's planned clawbacks.

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