Monday, 3 February 2025

Focus on Fuel

The logo of energy transport firm TC Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/ File Photo
BusinessIndigenousNatural GasNewsPolitics

Canada’s TC Energy to sell pipeline stake to some indigenous communities for $722 million

Minority stake in gas transmission system set for TC Energy sae to indigenous Canadian communities.

BP posted a profit of more than £4.2 billion after a stronger-than-expected second quarter (Alamy/PA)
BusinessNewsOil

BP delivers higher-than-expected profits and raises dividend

BP profits beat expectations but problems with refining business means figures are down year-on-year.

rude oil tankers SFL Sabine, back left, and Tarbet Spirit are seen docked at the Trans Mountain Westridge Marine Terminal, where crude oil from the expanded Trans Mountain Pipeline is loaded onto tankers, in Burnaby, B.C., Monday, June 10, 2024. Trans Mountain Corp. says CEO Dawn Farrell will become chair of the company's board Sept. 1. THE CANADIAN PRESS/Darryl Dyck
BusinessFuelInfrastructureNewsOilTransmission

Trans Mountain Corp. to have new CEO as Farrell moves to board chair role

Trans Mountain says it is undertaking a CEO succession plan to replace Farrell, who has served as CEO since 2022.

FILE PHOTO: An Air New Zealand Airbus A320 plane sits on the tarmac at Auckland Airport in New Zealand June 25, 2017. REUTERS/David Gray/File Photo
AviationBiofuelsElectric Vehicles (EVs)EmissionsNewsSustainable Aviation Fuel

Air New Zealand dumps 2030 carbon intensity targets in climate policy shift

Air New Zealand said it would drop its carbon intensity reduction target due to challenges faced in fleet renewal and fuel availability.

FILE PHOTO: A 3D printed oil barrels and oil pump jack are seen in front of displayed Chesapeake Energy logo in this illustration taken January 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceFuelInfrastructureNatural GasNewsTransmissionUtilities

Chesapeake Energy posts quarterly loss on output drop, lower gas prices

Chesapeake Energy reported a Q2 loss of $227M due to weak natural gas prices and reduced production amid falling demand.

AnalysisCoalElectricityEmissionsIn-DepthSolarWind

These 10 countries are phasing out coal the fastest

Phasing out coal power from 36% of global electricity in 2022 to 4% by 2030 and 0% by 2040 is crucial to limiting...

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/ File Photo
BusinessFinanceInfrastructureNewsOilTrade

Occidental to sell some Delaware Basin assets to Permian Resources for $818 million

Occidental, which is bidding a takeover of rival CrownRock, plans to sell up to $6 billion of assets within 18 months of closing...

FILE PHOTO: The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019.  REUTERS/Chris Helgren/File Photo
EconomyMineralsNewsOilPolitics

TSX rises ahead of busy week of earnings, US Fed decision

The Toronto Stock Exchange's S&P/TSX composite index ended higher last week as investors await the Federal Reserve's interest rate decision.

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 26, 2024.     REUTERS/Staff/File Photo
BusinessFinanceNewsOil

European shares close lower in lead-up to Fed, earnings

Fears of a widening conflict in the Middle East and a raft of upbeat earnings updates have lifted the market, with pan-European STOXX...

FILE PHOTO: A wind turbine stands out against the sky as the sun sets over the Black Forest Brandenkopf lookout near Oberharmersbach, Germany, November 13, 2022.    REUTERS/Joachim Herrmann
ElectionsElectricityHydrogenNewsPoliticsSolarWind

Trump effect in clean tech sector deepens angst in Europe’s boardrooms

Facing the prospect of Trump, clean energy companies brace for less funding, fewer sales or cancelling plans entirely.

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