Focus on Oil
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...
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.
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...
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.
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.
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...
Trump administration plans to roll back Biden’s stricter fuel-efficiency standards
Trump's team plans to roll back Biden-era EV rules and fuel standards, aiming to ease automaker burdens and end the EV tax credit.
Alberta Energy Regulator orders Sunshine Oilsands to suspend wells, pipelines
Sunshine Oilsands Ltd. has been ordered to suspend its wells, facilities and pipelines for failing to meet regulatory obligations.
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.
