Monday, 3 February 2025

Focus on Fuel

FILE PHOTO: The logo of Brazil's state-run Petrobras oil company is seen at its headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo
BusinessFuelIndustryInfrastructureLegislationNewsOilPoliticsTrade

Petrobras, CNOOC and Petrochina big winners in Brazil’s PPSA oil auction

Petrobras, CNOOC, and Petrochina won an oil auction, expected to generate record revenue for Brazil's PPSA.

FILE PHOTO: Branding for JetBlue Airlines is seen at the Farnborough International Airshow, in Farnborough, Britain, July 22, 2024. REUTERS/Toby Melville/File Photo
AviationBusinessFuelNewsSustainable Aviation FuelTransport

JetBlue to buy sustainable jet fuel for use at New York airport

JetBlue Airways said on Wednesday it agreed to procure sustainable aviation fuel (SAF) from a unit of U.S. refiner Valero Energy Corp

FILE PHOTO: Pumpjacks and other infrastructure for producing oil dot fields outside of Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen/File Photo
AnalysisClimateEmissionsEnvironmentFuelNatural GasNewsOilReports

Drillers emit far more methane than US estimates, aerial survey shows

U.S. oil and gas basins are emitting around four times more planet-warming methane than federal regulators have estimated, survey shows

AnalysisEconomyNatural GasOilOpinionPolitics

For decades, governments have subsidised fossil fuels. But why?

Despite growing climate concerns, fossil fuels still supply over 80% of global energy, driven by subsidies to ensure energy security and economic stability.

Carbon ManagementElectricityFuelNewsPoliticsRegulationsStorage

Indonesia aims to accelerate carbon storage sector development

Indonesian government aims to accelerate development of a carbon capture and storage industry to help fight climate change

HydrogenNatural GasNewsTransmission

Enagas gets first nod to develop Spanish section of H2MED hydrogen pipeline

Enagas is moving to transition from its traditional role as a natural gas grid operator to managing a network of hydrogen infrastructure, taking...

FILE PHOTO: The logo of Brazil's state-run Petrobras oil company is seen at its headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo
BiodiversityBusinessClimateCourtsFuelIndigenousLegislationNewsOilRegulations

Prosecutors press Brazil regulators on Petrobras license to drill near Amazon mouth

Brazilian prosecutors urge Ibama to block Petrobras' Amazon drilling, demanding a response within three days or face penalties.

AnalysisCarbon ManagementEmissionsIndustryManufacturingReports

Roadmap to net-zero: The future of Canada’s chemical industry

Canada’s chemical industry must transition urgently to net-zero through circularity, renewables, electrification, carbon capture and storage, and energy efficiency: Clean Energy Canada

A view shows the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside its headquarters in Vienna, Austria, May 28 , 2024. REUTERS/Leonhard Foeger/ File Photo
BusinessFuelNewsOilPoliticsTrade

OPEC+ likely to stick to output policy at Aug 1 JMMC meeting

OPEC+ is unlikely to alter its current production cuts despite falling oil prices, as discussed in an upcoming meeting.

FILE PHOTO: The logo of American oil and natural gas exploration and production company ConocoPhillips is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessNatural GasNewsOil

US oil and gas mergers continue at furious pace in Q2, says Enverus

Blockbuster has and oil mergers companies are continuing well into Q2 this year with $30bn in tie-up deals for fossil fuel giants.

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