Thursday, 6 February 2025

Spotlight: Natural Gas

Kate Forbes said the SNP had ‘never said no’ to further licensing (Jane Barlow/PA)
ElectionsLiquefied Petroleum GasNatural GasNewsOilPolitics

Scottish Deputy First Minister: SNP not against oil and gas licences

Scotland's Deputy First Minister has said the SNP is not against oil and gas licences, but developments would need to meet climate compatibility...

Pipe is unloaded at a project in Hardisty, Alta., on Thursday, Aug.10, 2017. THE CANADIAN PRESS/Jason Frans
BusinessInfrastructureNatural GasNewsNuclear PowerOilStorageTransmissionUtilities

TC Energy shareholders approve spinoff, creation of South Bow pipelines business

TC Energy Corp. shareholders have voted in favour of spinning off the company's crude oil pipelines business

FILE PHOTO: Solar panels of Germany's largest solar park Weesow-Willmersdorf by energy supplier EnBW AG are seen next to wind turbines in Werneuchen, Germany September 21, 2023. REUTERS/Lisi Niesner/File Photo
AnalysisElectionsElectricityEmissionsNatural GasOilPoliticsReportsSolarWind

Ember report: EU wind and solar growth displaces fossil fuel generation

New Ember report: Wind and solar power generation in the European Union increased by 46% from 2019, when the current European Commission took...

Labour leader Keir Starmer detailed plans for a publicly-owned investment vehicle, called Great British Energy, to spearhead funding for green energy projects. (AFP)
ElectionsNatural GasNewsOilPoliticsUtilities

UK Labour pitches new energy policy in election battle

Labour leader Keir Starmer has detailed plans for a publicly-owned "investment vehicle" to spearhead funding for green energy projects.

Oil rigs anchored in the Cromarty Firth, Invergordon (JAne Barlow/PA)
EconomyElectionsFuelNatural GasNewsOilPolitics

Starmer rejects claims many jobs at risk due to oil and gas stance

UK Labour party leader, campaigning to be elected, rejects claims not renewing North Sea oil and gas licences would cost thousands of jobs.

U.S. Senate Majority Leader Chuck Schumer (D-NY) takes questions during a press conference about the failure to pass a border security bill after most Republicans voted against it, on Capitol Hill in Washington, U.S., May 23, 2024. REUTERS/Amanda Andrade-Rhoades
BusinessCourtsEconomyNatural GasNewsOilPolitics

Democratic senators ask DOJ to investigate alleged U.S. oil exec collusion with OPEC

Earlier in May, the Federal Trade Commission gave the go-ahead to Exxon Mobil's $60 billion purchase of Pioneer Natural Resources, but barred former...

The cooling tower of Bouchain power station, a 585-megawatt (MW) gas-fired power plant is seen during sunset in Bouchain, northen France, France, December 12, 2022. REUTERS/Pascal Rossignol/ File Photo
ElectricityFuelInfrastructureNatural GasNewsUtilities

Support for Spanish gas plants is ‘urgent’, industry body says

Supporting Spanish gas-fired plants with capacity mechanisms is "urgent and necessary", Joan Batalla, president of industry body Sedigas.

Natural gas emits less carbon dioxide than most other fossil fuels, but methane leaks from the gas industry are a key component of climate change (AFP)
AnalysisEmissionsFuelLiquefied Natural GasNatural GasReports

Asia gas expansion threatens green transition: report

Southeast Asia has existing plans that project a doubling of gas-fired power capacity, and an 80 percent increase in LNG import capacity.

Climate campaigners have warned ministers to reject plans to extend a power plant in Aberdeenshire. (John Giles/PA)
Carbon ManagementEmissionsInfrastructureNatural GasNewsPolitics

Campaigners urge rejection of new gas-burning power plant in Scotland

Expansion of Scottish power station includes new gas burning, but operators say carbon capture plant will slash emissions.

Activists stand next to banners during the "People's Picket" as they take part in the Extinction Rebellion's 'The Big One' event, outside The Department for Energy Security and Net Zero's building, in London, Britain, April 21, 2023. REUTERS/Henry Nicholls/ File Photo
BusinessClimateEmissionsFinanceNatural GasNewsOil

Corporate climate plan verifier tightens rules for banks, asset managers

The Science Based Targets initiative (SBTi), a voluntary organisation which assesses corporate climate action plans, says it will now ask for more ambition...

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