Focus on Fuel
Higher pricing easing hit from low coal demand for US rail firms
Slowing coal demand, driven by global decarbonization efforts, remains a headwind for the US rail industry.
US oilfield firms slash prices as mega-mergers shrink customer base
A wave of mega-mergers among oil producers is forcing the US service companies to slash their prices, merge, or risk bankruptcy
Russia considering ban on diesel exports, Kommersant reports
The Russian government is considering a ban on exports of diesel due to rising domestic prices, the Kommersant daily reported on Wednesday
Clean Prosperity: Measuring credit oversupply risks in Alberta’s carbon market
A report from Clean Prosperity argues that Alberta risks having an oversupply of carbon credits and urges the provincial government to reform the...
Australia announces new offshore gas exploration permits to plug supply gaps
Australia considers gas critical for its transition from dependence on coal-fired power stations.
Britain’s Labour government must ‘make up lost ground’ to hit UK climate goals: CCC
The UK’s new Labour government must urgently reinstate the net-zero plans shelved by its predecessor in order to “limit the damage” caused by Conservative policy...
Canadian oil output steady amid growing wildfire threat, Goldman Sachs says
Production is currently in line with expectations, although the worst of the wildfire season is likely yet to come.
John Swinney announces over £40m in funding to deliver 252 electric buses
The Scotland First Minister said the vehicles would reduce greenhouse gas emissions by more than 600,000 tonnes.
