Monday, 20 January 2025

Focus on Oil

FILE PHOTO: Men fix the logo of the Adani Group on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024. REUTERS/Amit Dave/File Photo
BusinessCoalElectricityLegislationNatural GasNewsOilRegulationsReportsSolarTrade

Snapshot: Major fallout for India’s Adani Group after U.S. bribery indictment

Adani Group's market value drops $33B after U.S. bribery charges; TotalEnergies halts investments, other deals stall.

TransCanada's Keystone pipeline facilities are seen in Hardisty, Alta., on Friday, Nov. 6, 2015. THE CANADIAN PRESS/Jeff McIntosh
BusinessEconomyInfrastructureNatural GasNewsOilPoliticsRegulationsTransmission

Alberta seeks to “de-risk” oil, gas pipeline investments in wake of Trump victory

Alberta explores boosting U.S. oil exports by de-risking private investments, avoiding direct subsidies for new pipelines.

An oil rig drills a well under moon light near Cremona, Alta., Sunday, Sept. 24, 2023. THE CANADIAN PRESS/Jeff McIntosh
BusinessCritical MineralsEconomyGeothermalNatural GasNewsOilPoliticsRegulationsTrade

Alberta aiming to create test site to support new drilling technologies

Alberta will invest $50M in a first-in-Canada drilling test site to boost oil, gas, geothermal, and lithium tech innovation.

Chair of the International Negotiating Committee, Luis Vayas Valdivieso, center, speaks next to Inger Andersen, Executive Director of UNEP, second from right, during the press conference for the fifth session of the Intergovernmental Negotiating Committee on Plastic Pollution in Busan, South Korea, Monday, Nov. 25, 2024. (Son Hyung-joo/Yonhap via AP)
EnvironmentLegislationNatural GasNewsOilRegulationsUnited Nations

What to know about the plastic pollution treaty talks in South Korea

Led by Norway and Rwanda, 66 countries plus the European Union say they want to address the total plastic on Earth.

Guyana's booth is seen at the Offshore Technology Conference as Bharrat Jagdeo.
ManufacturingNatural GasNewsOil

Guyana’s pick of new US startup faces hurdles to tap vast gas reserves

Doubts grow over Guyana’s choice of Fulcrum LNG to develop its untapped natural gas resources.

FILE PHOTO: A general view of oil drilling equipment on federal land near Fellows, California, U.S.
LegislationLiquefied Natural GasNatural GasNewsOilPoliticsRegulationsTradeTransmission

Trump prepares wide-ranging energy plan to boost gas exports, oil drilling, sources say

Trump's team plans an energy package to boost LNG exports and expand U.S. oil drilling on coasts and federal lands.

Observers said COP29 in Baku made virtually no progress on tackling the source of global warming (AFP)
ClimateCoalEmissionsNatural GasNewsOilPoliticsTradeUnited Nations

Concern as climate talks stalls on fossil fuels pledge

Countries clashed at COP29 over how to build on a landmark pledge at last year's climate talks to "transition away" from fossil fuels.   

Plastic waste litters the shoreline in Indonesia (Owen Humphreys/PA)
BiodiversityEmissionsEnvironmentLegislationNewsOilRegulations

Countries urged to be ambitious in final push for UN plastic pollution treaty

UN talks in Busan, South Korea, aim for a bold global treaty on plastic pollution, but some nations push for weaker production curbs.

A screen displays Chandni Raina of India as she speaks during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan November 24, 2024. REUTERS/Maxim Shemetov
Climate FinanceCoalEmissionsEnvironmentNewsOilWeather

Rich countries raise COP29 climate finance offer to $300B as developing nations fume

Wealthy nations at COP29 agree to raise their climate funding offer to $300 billion annually by 2035 for developing countries.

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