Thursday, 6 February 2025

Spotlight: Natural Gas

FILE PHOTO: A general view of the Tata Steel factory, where the producer presents two installations which, the company expects, will ensure fewer emissions, in IJmuiden, Netherlands, January 25, 2024. REUTERS/Piroschka van de Wouw/File Photo
BusinessClimate FinanceElectricityEmissionsNatural GasNewsSolarWind

Net zero target needs $3.5 trillion in annual green energy investment, Wood Mackenzie says

Investment in the green energy transition must double to meet the Paris Agreement's net zero goal by 2050, says Wood Mackenzie.

Belgium's energy island will host transformers and other high-voltage equipment (AFP)
AnalysisBusinessElectricityNatural GasNuclear PowerOffshore WindOilWind

World’s first green energy island sails into cost storm

Belgium's energy island project for offshore wind faces costs soaring to seven billion euros, sparking calls to halt amid political pushback.

FILE PHOTO: The TotalEnergies logo sits on the company's headquarters skyscraper in the La Defense business district near Paris, France, June 26, 2023. REUTERS/Stephanie Lecocq/File Photo
BusinessElectricityInfrastructureManufacturingNatural GasNewsSolar

QatarEnergy takes 50% stake in TotalEnergies solar project in Iraq

QatarEnergy takes a 50 per cent stake in TotalEnergies’ 1.25 GW solar project in Iraq, aiming to boost Iraq’s power supply by 2027.

FILE PHOTO: Smoke billows from a chimney at a combined-cycle gas turbine power plant while coinciding the COP28 is being held in Dubai, in Drogenbos, Belgium December 6, 2023. REUTERS/Yves Herman/File Photo
BusinessClimate FinanceEmissionsNatural GasNewsOil

Norway’s wealth fund falls short on climate ambitions, NGO says

Norway’s $1.8T wealth fund missed climate goals, backing only 4 of 21 key shareholder proposals on emissions targets in 2024.

FILE PHOTO: Signage is seen at the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon/File Photo
BusinessNatural GasNews

Blackstone in talks to buy US pipeline stakes from EQT for $3.5 billion, sources say

Blackstone nears $3.5B deal for EQT's pipeline stakes to reduce the gas producer's debt from its Equitrans acquisition.

Activists protest against investment in fossil fuels outside of the World Bank headquarters in Washington, DC (AFP)
ClimateCoalEconomyEmissionsEnvironmentIndigenousNatural GasNewsOilPoliticsTrade

G20 affirms commitment to transition from fossil fuels

G20 leaders reaffirmed their pledge to phase out fossil fuels and accelerate climate action for net zero by 2050 after talks.

The Darvaza gas crater in the heart of the Karakum Desert has been burning for half a century (AFP)
EmissionsNatural GasNewsRegulations

Turkmenistan’s ‘Gateway to Hell’ lit gas pit faces closure

Turkmenistan to capture gas from "Gateway to Hell" crater, risking closure to curb emissions ahead of COP29 climate summit.

Silhouette of natural gas equipment against a sunset background.
BusinessLiquefied Natural GasNatural GasNews

Natural gas producers await LNG Canada’s start, but will it be the fix for prices?

Western Canada’s natural gas producers face low prices, hoping LNG Canada's 2024 launch will drive an increase.

The logo of Italian energy company Eni is seen at a gas station in Rome, Italy August 16, 2018.  REUTERS/Max Rossi/ File Photo
BusinessFinanceFuelNatural GasNewsOil

Italy’s Eni to boost buyback after quarterly earnings beat expectations

Eni will increase its share buyback programme to 2 billion euros, it said on Friday, after beating third-quarter profit expectations.

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