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NZ is running out of gas – literally. That’s good for the climate, but it’s bad news for the economy

The coming gas crunch: Investors don’t love political volatility or market risk, and New Zealand currently has both.

By David Dempsey, Jannik Haas and Rebecca Peer16 Aug 2024The Conversation
The logo of Australia's biggest independent coal miner Whitehaven Coal Ltd is displayed on their office building located in the north-western New South Wales town of Gunnedah in Australia, August 15, 2017. Picture taken August 15, 2017. REUTERS/David Gray
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Whitehaven Coal to cut 192 jobs at mines purchased from BHP

Whitehaven to cut 192 jobs at the Daunia and Blackwater coking coal mines it took over from global miner BHP Group

By Rishav Chatterjee15 Aug 2024Reuters
TC Energy headquarters in Calgary, Alta. on July 30. TC Energy Corp. says it and its partner Northern New England Investment Company successfully completed the sale of Portland Natural Gas Transmission System. THE CANADIAN PRESS/Todd Korol
BusinessElectricityFuelInfrastructureLiquefied Natural GasLiquefied Petroleum GasNatural GasNewsOilTransmissionUtilities

TC Energy completes sale of Portland Natural Gas Transmission System

TC Energy and its partner completed the $1.14B sale of Portland Natural Gas Transmission System to BlackRock and Morgan Stanley.

By CP15 Aug 2024The Canadian Press
FILE PHOTO: A customer refuels their vehicle at a Mobil gas station in Beverly Boulevard in West Hollywood, California, U.S., March 10, 2022. REUTERS/Bing Guan/File Photo
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California aims to tackle price spikes by requiring gasoline reserves

Gavin Newsom has proposed a plan requiring oil refiners to maintain minimum gasoline reserves to prevent price spikes, following last year's shortages that...

By Timothy Gardner15 Aug 2024Reuters
FILE - An above-ground section of Enbridge's Line 5 at the Mackinaw City, Mich., pump station is seen, Oct. 7, 2016. (AP Photo/John Flesher, File)
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Tribe and environmental groups urge Wisconsin officials to rule against relocating Enbridge pipeline

Tribal leaders and conservationists urge Wisconsin officials to reject the Enbridge pipeline reroute, citing spill risks.

By Todd Richmond15 Aug 2024The Associated Press
FILE PHOTO: An employee adjusts a diesel price tag on display at a gas station in Rongshui, Guangxi Zhuang Autonomous Region, early March 27, 2014. REUTERS/Stringer/ File Photo
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China’s diesel demand fell in June by most in three years, US EIA says

China's diesel demand fell by 11% year over year to 3.9 million barrels per day in June, the biggest percentage drop since July...

By Reuters15 Aug 2024Reuters
A gull covered in oil is seen on the bank of the St. Lawrence River, in east-end Montreal, where an oil spill occurred on Thursday July 25, 2024 in Montreal. THE CANADIAN PRESS/Stéphane Blais
AutomotiveEnvironmentNewsOil

Montreal police investigate motor oil spills in St. Lawrence River

Mayor asks people to contact police over St Lawrence oil spill as investigation begins into 1,000-litre discharge.

By CP15 Aug 2024The Canadian Press
A Chevron gas station is shown after Chevron Corp said it would buy Hess Corp in a $53 billion all-stock deal, in Encinitas, California, U.S., October 23, 2023. REUTERS/Mike Blake/ File Photo
BusinessNewsOilPolitics

Chevron to pay $550 million settlement to Richmond, California

City council drops ballot on refinery tax after Chevron's Richmond settlement proposal to pay $550m over a decade.

By Reuters15 Aug 2024Reuters
Luggage of passengers are seen on the day activists of the "Letzte Generation" (Last Generation) protest for a change in climate policy at the Cologne-Bonn airport in Cologne, Germany, August 15, 2024. REUTERS/Thilo Schmuelgen
AviationNewsOilPoliticsTransport

Climate activists breach security at four German airports

Last Generation stages more German airport protests calling for an end to fossil fuel use.

By Reuters15 Aug 2024Reuters
FILE PHOTO: A crude oil terminal under construction is pictured off Ningbo Zhoushan port in Zhejiang province, China January 6, 2018. REUTERS/Stringer/File Photo
AnalysisOilOpinionPoliticsTrade

China boosts crude oil stockpiles in July amid weak refining

China, the world's biggest oil importer, appears to have added about 280,000 barrels per day (bpd) to crude stockpiles in July.

By Clyde Russell14 Aug 2024Reuters

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FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump and Ukraine's President Volodymyr Zelenskiy meet at Trump Tower in New York City, U.S., September 27, 2024. REUTERS/Shannon Stapleton//File Photo

Trump says US ‘pretty close’ to minerals deal with Ukraine

22 Feb 2025Reuters
FILE PHOTO: European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo

EU to pare back sustainability rules for companies, draft shows

22 Feb 2025Reuters
FILE PHOTO: A BMW logo is seen on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo

BMW says it will review timing of electric Mini production in UK

22 Feb 2025Reuters
X9 electric vehicles by Chinese EV manufacturer XPeng, waiting to be loaded on a ship headed for Thailand (AFP)

China’s EV maker XPeng eyes doubling global presence by year’s end

22 Feb 2025Agence France-Presse

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FILE PHOTO: Oil pumpjacks and tanks are pictured in a farmer's field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo

US oil imports from Canada hit record ahead of tariff threat, EIA data shows

8 Jan 2025Reuters
dian oil and gas stocks climbed Monday as the country's energy sector absorbed the news of Prime Minister Justin Trudeau's resignation. Pumpjacks draw out oil and gas from wells near Calgary on Monday, Sept. 18, 2023. THE CANADIAN PRESS/Jeff McIntosh

Canadian oil stocks climb as industry absorbs news of Trudeau resignation

6 Jan 2025The Canadian Press

Australia needs better ways of storing renewable electricity for later. That’s where ‘flow batteries’ can help

4 Jan 2025The Conversation
Solar car port generating green electricity with cars parked at a parkade at the Telus Science Center in Calgary, Alta., on Oct. 30, 2024. (Ramon Cliff/Alamy via Reuters)

Learn from Canada’s world-leading battery energy storage production for transport

19 Dec 2024Kathari News

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