Friday, 22 August 2025

Focus on Fuel

Model of petrol pump is seen in front of decreasing stock graph in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration/ File Photo
BusinessFinanceNewsOil

AI likely to weigh on oil prices over the next decade: Goldman Sachs

Goldman Sachs warns AI could lower oil prices by reducing costs and boosting supply, outweighing modest demand increases.

A child plays at Surfside Beach as France-flagged vessel LNG Adventure departs from Freeport, Texas, bound for the Panama Canal, in Freeport, Texas, U.S. July 28, 2023. REUTERS/Marianna Parraga/ File Photo
BusinessEconomyLiquefied Natural GasNewsTrade

US LNG exports rebound in August on higher output from Freeport LNG

U.S. LNG exports rose to 7.48 MT in August as output increased and Freeport LNG resumed operations post-shutdown.

FILE PHOTO: New Fortress Energy's liquefied natural gas (LNG) import terminal is pictured near San Juan, Puerto Rico, July 28, 2022.  REUTERS/Gabriella N. Baez/File Photo
BusinessLiquefied Natural GasNewsTrade

New Fortress Energy receives authorization to export LNG to non-FTA countries

New Fortress Energy said on Tuesday it has received authorization to export liquefied natural gas to non-free trade agreement countries.

FILE PHOTO: The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, near Paris, France September 14, 2023. REUTERS/Gonzalo Fuentes/File Photo
BusinessElectricityNewsOilSolar

TotalEnergies deepens ties with India’s Adani Green in $444M joint venture

The electricity will be sold on the wholesale market and through power purchase agreements signed with the federal government agency, Solar Energy Corporation...

FILE PHOTO: A signpost sits near Enbridge?s Mackinaw facility, servicing the company?s existing underwater Line 5 pipeline and its planned replacement tunnel through the Straits of Mackinac between Lakes Michigan and Huron, in Mackinaw City, Michigan, U.S. February 25, 2024.  REUTERS/Carlos Osorio/File Photo
BusinessFuelNewsOil

Analysis: Trans Mountain pipeline expansion pushes rivals to cut rates

Transporting Canadian crude into the US will be cheaper – for now – as TMX rivals cut tariffs and rule out rationing pipeline...

HydrogenNewsPolitics

Canada’s government keeping tabs on search for geologic hydrogen: memo

Canada’s federal government is keeping an eye on recent industry moves to begin exploring for geologic hydrogen and whether it could be an...

The Bill will allow the Crown Estate to invest more in green energy, financial secretary to the Treasury Lord Livermore said (Anna Gowthorpe/PA)
Carbon ManagementClimate FinanceElectricityLegislationNewsOffshore WindPoliticsWind

New Bill will allow Crown Estate to invest more in green energy, says UK minister

Giving the Crown Estate the ability to invest more widely in growth opportunities will, the minister said, “increase the frequency of leasing for...

Although a major oil producer, Nigeria often struggles with fuel shortages that cause long lines at petrol stations (AFP)
BusinessEconomyFuelNewsOilPolitics

State oil company ‘financial strain’ compounds fuel shortage in Nigeria

Higher living costs, inflation and an end to fuel subsidies contribute to chaotic scenes in Nigeria as fuel supplies grow scarce.

Russian President Vladimir Putin takes part in a welcoming ceremony upon his arrival at an airport in Ulaanbaatar, Mongolia September 2, 2024. Sputnik/Natalia Gubernatorova/Pool via REUTERS
FuelNatural GasNewsPolitics

Putin arrives in Mongolia, key link in planned gas pipeline to China

Russian president, unfazed by international arrest warrant over Ukraine invasion, visits site for natural gas pipeline to China.

The Kingfisher oil project is operated by China's CNOOC (AFP)
BusinessFuelNewsOilPolitics

NGO reports ‘human rights disaster’ at Uganda oil project

Climate Rights International reports that TotalEnergies' Kingfisher project in Uganda has violently intimidated and evicted locals.

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