Saturday, 23 November 2024

Focus on Fuel

FILE PHOTO: A man walks past the logo of Gazprombank during the Saint Petersburg international gas forum in Saint Petersburg, Russia September 15, 2022. REUTERS/Anton Vaganov/File photo
EconomyFuelLegislationNatural GasNewsOilPoliticsTrade

New U.S. sanctions probably spell end of EU energy payments through Russia’s Gazprombank

"EU payments for energy resources through Gazprombank will likely become impossible at the end of 2024," analysts say.

FILE PHOTO: Liberty Oilfield Services Inc. CEO Chris Wright rings a ceremonial bell to celebrate the company's IPO on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., January 12, 2018.  REUTERS/Lucas Jackson/File Photo
ClimateEconomyElectionsElectricityEmissionsFuelGeothermalNatural GasNewsOilPoliticsSmall Modular ReactorsSolarWind

Trump energy pick wrote ESG report hailing oil, gas, downplaying climate worry

Chris Wright, President-elect Donald Trump's pick to lead the energy department, believes fossil fuels are the key to ending world poverty.

Indigenous leaders from the Wampis Nation in Peru, Tsanim Evaristo Wajai Asamat, left, and Pamuk Teofilo Kukush Pati, pose inside the Westminster Hall in London, Thursday, Nov. 21, 2024. (AP Photo/Kin Cheung)
BiodiversityBusinessClimateClimate FinanceEnvironmentFuelIndigenousNewsOilPolitics

Indigenous leaders travel to UK from Peru to draw attention to oil damage and banking

In the last decade, there were 89 leaks from the Petroperu pipeline running through the Amazon Rainforest.

CoalElectricityFuelGeothermalNewsSolarUtilitiesWind

Indonesia’s Prabowo plans to retire all fossil fuel plants in 15 years, but experts are skeptical

President Subianto: “Indonesia is rich in geothermal resources, and we plan to phase out coal-fired and all fossil-fueled power plants within the next...

FILE PHOTO: A protester holds a sign as he participates in a national Day of Action against the Indian mining company Adani's planned coal mine project in north-east Australia, at Sydney's Bondi Beach in Australia, October 7, 2017.      REUTERS/David Gray/File Photo
BusinessCoalFuelLabourNews

Adani’s Australian coal unit faces human rights complaint

India's crisis-stricken Adani Group faces accusations of racism from an Aboriginal group in Australia.

BiofuelsFuelMaritimeNewsTransport

Cashew nutshell marine biofuel causes problems for some ships, says testing agency

Cashew nut liquid has been touted as an alternative renewable fuel, but it also has high acid values and is corrosive.

FILE - A jogger runs in front of the Phillips 66 refinery, July 16, 2014, in the Wilmington area of Los Angeles. (AP Photo/Mark J. Terrill, File)
CourtsEmissionsEnvironmentLegislationNewsOilRegulations

Oil company Phillips 66 faces federal charges related to alleged Clean Water Act violations

Phillips 66 indicted for Clean Water Act violations, accused of dumping oily wastewater from its Carson refinery into LA sewers.

FILE PHOTO: Exxon Mobil’s new headquarters are seen under construction in Georgetown, Guyana, February 18, 2024. REUTERS/Sabrina Valle/File Photo
BusinessCarbon ManagementNatural GasNewsOil

Exxon Mobil pulls out of talks with Guyana over shallow water oil block

Exxon exits Guyana talks on shallow-water block S8, citing plans for carbon capture; Hess and CNOOC’s involvement remains unclear.

Two scientists say a Newfoundland company's possible detour to data is a signal that Canadian hopes of supplying Germany with green hydrogen may not be anchored in reality. A hydrogen storage tank sits at Mohammed bin Rashid Al Maktoum Solar Park as Dubai, United Arab Emirates hosts the COP28 U.N. Climate Summit, Dec. 11, 2023, in Dubai, United Arab Emirates. THE CANADIAN PRESS/AP-Joshua A. Bickel
AnalysisBusinessHydrogenInfrastructureTransmissionWind

As N.L. firm pivots, scientists say Canada’s green hydrogen dreams are far-fetched

Doubts grow over Atlantic Canada’s green hydrogen plans as experts question costs, efficiency, and Europe’s demand for wind-powered ammonia.

Indian Prime Minister Narendra Modi greets people holding Indian flags as he arrives in Guyana on November 19, 2024 (Prensa Pesidencial Guyana)
BusinessEconomyNewsOilRegulationsTrade

Indian PM Modi highlights interest in Guyana’s oil

India seeks oil from Guyana, citing rising energy needs, as the two nations sign agreements on energy, agriculture, and defense cooperation.

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