Thursday, 6 February 2025

Spotlight: Natural Gas

An oil and gas lobby group says the federal government's proposed emission cap on the sector combined with its stringent targets for methane reduction could reduce Canada's non-oilsands fossil fuel production by one million barrels per day by 2030. A pumpjack draws out oil from a well head near Calgary, Alta., Saturday, Sept. 17, 2022. THE CANADIAN PRESS/Jeff McIntosh
BusinessEconomyEmissionsNatural GasNewsOilPoliticsRegulations

Lobby group says emissions cap would cost Canada’s oil and gas sector $75B in lost investment

An oil and gas lobby group says the federal government's proposed emissions cap on the sector combined with its stringent targets for methane...

FILE PHOTO: The installations of liquified natural gas producer Atlantic LNG are pictured in Point Fortin, Trinidad and Tobago, December 10, 2022. REUTERS/Andrea De Silva/File Photo
BusinessEconomyLiquefied Natural GasNatural GasNewsOilPoliticsTrade

BP, Shell and EOG vie for acreage in Trinidad’s oil and gas auction

Trinidad and Tobago received six bids from BP, Shell and US shale producer EOG Resources on four blocks to explore for oil and...

Russian President Vladimir Putin and Uzbek President Shavkat Mirziyoyev attend a meeting in expanded format at the Kuksaroy Presidential Palace in Tashkent, Uzbekistan May 27, 2024. Sputnik/Mikhail Metzel/Pool via REUTERS
ElectricityInfrastructureNatural GasNewsNuclear PowerOilPolitics

Russia to build Central Asia’s first nuclear plant in Uzbekistan

Post-Soviet Central Asia has no nuclear power plants, but Uzbekistan could be the first after deal struck during visit by Putin.

Natural GasNewsPoliticsTrade

Russian President Putin arrives in Uzbekistan, third foreign trip since re-election

Kremlin spokesman Dmitry Peskov, quoted by news agencies, told Russian television that Russia was open to broader cooperation on gas supplies with Uzbekistan,...

FILE - A flag hangs on the side of the Andeavor Mandan Refinery in Mandan, N.D., Sept. 6, 2017. Nineteen Republican state attorneys general have asked the U.S. Supreme Court to get involved in a dispute over climate-change lawsuits. (AP Photo/Charlie Neibergall, File)
ClimateCourtsEmissionsNatural GasNewsOilPolitics

Republican AGs ask U.S. Supreme Court to block states’ climate change lawsuits

Republican attorneys general in 19 states have asked the U.S. Supreme Court to block several Democratic-led states from pursuing climate change lawsuits against...

Enerplus Corp. says its shareholders have voted to approve a takeover of the company by U.S. company Chord Energy Corp. The corporate logo of Enerplus Corp. is seen in this undated handout photo. THE CANADIAN PRESS/HO, Enerplus
BusinessCourtsEconomyLegislationNatural GasNewsOilPolitics

Enerplus-Chord Energy deal gets OK from shareholders, Investment Canada Act

Enerplus Corp. says its shareholders have voted to approve a takeover of the company by U.S. company Chord Energy Corp. The Calgary-based oil...

The University of Calgary says it is planning a potential relaunch of its oil and gas engineering program, which it suspended three years ago due to dwindling student demand. The campus of the University of Calgary, Saturday May 29, 2004. THE CANADIAN PRESS/Adrian Wyld
EconomyLabourNatural GasNewsOil

University of Calgary looks to relaunch oil engineering program after hiatus

The University of Calgary had earlier seen a decline in student interest in the program, which also coincided with an uptick in interest...

TotalEnergies won overwhelming backing for its climate strategy and a new term for its CEO (AFP)
BiodiversityBusinessClimateEmissionsNatural GasNewsOilPolitics

Defying protests, TotalEnergies says it is seeking new oil fields

The boss of TotalEnergies told shareholders Friday the French energy giant needed to develop new oil fields to meet global demand, as their...

FILE PHOTO: A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. REUTERS/Sarah Meyssonnier/File Photo
BiofuelsBusinessFuelNatural GasNewsOil

TotalEnergies says it is examining cross-listing shares in U.S

TotalEnergies said it is studying plans to cross-list its shares in the US, while also keeping its shares on the Euronext stock exchange

Prime Minister Rishi Sunak's premiership has been blighted by decades-high inflation. (POOL)
ElectionsElectricityFuelNatural GasNewsOilPolitics

Falling UK energy bills grab election spotlight

Britain’s energy regulator on Friday announced a fall in household bills from July, catapulting a key cost-of-living issue into the second day of...

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