Thursday, 6 February 2025

Spotlight: Natural Gas

FILE PHOTO: Exxon Mobil’s new headquarters are seen under construction in Georgetown, Guyana, February 18, 2024. REUTERS/Sabrina Valle/File Photo
BusinessCarbon ManagementNatural GasNewsOil

Exxon Mobil pulls out of talks with Guyana over shallow water oil block

Exxon exits Guyana talks on shallow-water block S8, citing plans for carbon capture; Hess and CNOOC’s involvement remains unclear.

News ReleaseCoalEmissionsNatural GasOilPolitics

Cost of support measures for fossil fuels decreased sharply in 2023 but remains elevated relative to its historical average

21 November 2024 The cost of government support measures for the production and consumption of fossil fuels decreased sharply in 2023, as energy...

Members of the Ottawa Fire Service and Ottawa Police Service discuss how to remove chains that link Greenpeace protester Keith Stewart, right, to a trailer after protesters were arrested for taking part in a sit-in styled protest calling for greater climate change awareness by Conservative Leader Pierre Poilievre outside of Stornoway, the official residence of the country's official opposition, in Ottawa, on Thursday, Nov. 21, 2024. THE CANADIAN PRESS/Spencer Colby
ClimateCourtsEmissionsEnvironmentLegislationNatural GasNewsOilPoliticsRegulations

Climate protesters arrested outside Pierre Poilievre’s official residence in Ottawa

Two Greenpeace activists were arrested after blocking Pierre Poilievre’s Ottawa residence with a replica oil pumpjack, police report.

A home in Sherwood Park, Alta., heated by pure hydrogen, is the first of its kind in Canada and is shown in a handout photo. THE CANADIAN PRESS/HO
EmissionsHydrogenNatural GasNews

Canada’s first hydrogen-heated home lays groundwork for low-carbon alternatives

Canada’s first hydrogen-heated home in Sherwood Park tests hydrogen’s feasibility as an alternative to natural gas for residential heating.

FILE PHOTO: A drilling rig on a lease owned by Oasis Petroleum performs logging operations in the Permian Basin oil and natural gas producing area near Wink, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick Oxford/File Photo
FuelNatural GasNews

US natural gas drillers to lift 2025 output, reversing year of cuts

Rising demand for natural gas exports should boost average annual gas prices next year by more than 40%.

News ReleaseCoalEmissionsNatural GasOil

G20 Leaders Summit 2024: Advancing the climate finance agenda

20 November 2024 • The G20 Leaders’ Summit in Rio de Janeiro proved multilateralism still prevails despite ongoing geopolitical rifts. • G20 leaders reaffirmed...

COP30 in Brazil will be the third consecutive year the UN's top climate talks have been held in a country that plans to expand domestic production of fossil fuels (AFP)
AnalysisClimateClimate FinanceCoalEmissionsEnvironmentIndigenousNatural GasOilPoliticsRegulationsUnited Nations

Brazil will not ‘shy away’ from fossil fuels as COP30 host: envoy

Brazil, host of COP30, won’t shy away from leading global talks on fossil fuel phaseout, despite being a major oil producer.

A view shows the ExxonMobil oil refinery in Port-Jerome-sur-Seine, France.
BiofuelsEmissionsNatural GasNewsOilSustainable Aviation Fuel

Oil majors are betting big on biofuels with over 40 projects by 2030, Rystad says

Major oil and gas companies plan 43 biofuel projects by 2030, boosting SAF production to cut emissions.

News ReleaseClimate FinanceCoalEmissionsNatural GasOil

Prime Minister launches Global Clean Power Alliance as UK leads the global energy transition

The Prime Minister has officially launched the UK-led Global Clean Power Alliance, in a major boost for the world’s clean energy transition.  19...

TC Energy headquarters in Calgary on July 30, 2024. THE CANADIAN PRESS/Todd Korol
BusinessCoalElectionsNatural GasNewsOilPolitics

TC Energy CEO sees opportunity in Trump win as company refocuses on natural gas

As a company, TC Energy has already seen first-hand how business can flourish or be derailed by political winds south of the border.

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