Tuesday, 4 February 2025

Focus on Fuel

Campaigners say remarks by Humza Yousaf and other ministers could have prejudiced the planning process (Jane Barlow/PA)
FuelLegislationNatural GasNewsOilPoliticsRegulations

Campaigners complain over ministers’ handling of plans for new gas power plant

Climate campaigners have complained about Scottish ministers’ handling of plans for a new gas-fuelled power station in Peterhead

A fisherman with boots covered in oil stands on a contaminated shore of Lake Maracaibo in Venezuela, on July 11, 2024 (AFP)
ClimateEconomyEnvironmentFuelIn-DepthOil

Oil-tainted lake a symptom, and symbol, of Venezuela’s collapse

An oil slick on Lake Maracaibo's shores symbolizes Venezuela's economic collapse and the struggles faced by locals as the petroleum industry declines.

FILE PHOTO: An oil pipeline in Orellana province, Ecuador July 28, 2023. REUTERS/Karen Toro/File Photo
BusinessFuelNewsOilPoliticsTrade

Ecuador and Chilean subsidiary ENAP renegotiate oil agreement

The new agreement will allow an increase in reserves by 5.6 million barrels of crude oil, the Ministry of Energy in Quito said...

High rise housing complexes line the oceanfront in Long Branch,N.J. on July 19, 2024. A public-private group formed after Superstorm Sandy recommends a surcharge on property insurance, fees on the oil and gas industries, and a public voter referendum as ways to raise money for resiliency projects to protect against future big storms. (AP Photo/Wayne Parry)
ClimateEnvironmentFuelLegislationNewsOilPoliticsRegulationsResiliency

Superstorm Sandy group eyes ballots, insurance surcharges and oil fees to fund resiliency projects

Climate resiliency funding should come from insurance, oil fees, and voter approval, recommends new Rebuild By Design report.

FILE PHOTO: 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
BusinessEconomyFuelNewsOilPoliticsRegulationsTrade

U.S. FTC probes Hess, Occidental execs over OPEC communication: report

The U.S. Federal Trade Commission is probing executives from major oil firms over their communications with OPEC officials.

FILE PHOTO: The logo of Stellantis is seen on the company's building in Velizy-Villacoublay near Paris, France, March 19, 2024. REUTERS/Gonzalo Fuentes/File Photo
AutomotiveBusinessFuelIndustryNewsRegulations

Chrysler-parent Stellantis paid $190.7 million in US fuel economy penalties

Stellantis paid $190.7M in penalties for 2019-2020 fuel economy shortfalls and owes $459.7M more, NHTSA documents reveal.

FILE - Steam billows from a coal-fired power plant Nov. 18, 2021, in Craig, Colo. A federal appeals court on Friday, July 19, 2024, allowed a Biden administration rule aimed at limiting planet-warming pollution from coal-fired power plants to remain in place, even as legal challenges continue. The EPA rule, announced in April, would force many coal-fired power plants to capture 90% of their carbon emissions or shut down within eight years. (AP Photo/Rick Bowmer, File)
BusinessClimateCoalCourtsElectricityEmissionsEnvironmentFuelIndustryInfrastructureLegislationNewsPoliticsRegulationsTransmissionUtilities

US court upholds EPA rule on coal plant emissions despite industry pushback

The court upheld the rule requiring coal plants to cut carbon emissions by 90% or shut down, a key part of Biden's climate...

FILE PHOTO: Flags of European Union and China are pictured during the China-EU summit at the Great Hall of the People in Beijing, China, July 12, 2016. REUTERS/Jason Lee//File Photo
BiofuelsFuelNewsPoliticsRegulationsTrade

EU to set tariffs on Chinese biodiesel in anti-dumping probe

The EU is set to impose provisional duties on Chinese biodiesel after finding it is being sold in EU markets at unfairly low...

FILE PHOTO: A complex of pipes used for the export of crude oil in a dock that is part of the Ecopetrol refinery, is seen in Cartagena, Colombia April 12, 2024. REUTERS/Nelson Bocanegra/File Photo
BusinessFinanceFuelInfrastructureNewsOilUtilities

Colombia’s Ecopetrol in talks to buy $3.6 billion CrownRock stake from Occidental

Colombia's Ecopetrol said on Friday that it is in talks with US oil major Occidental Petroleum to possibly buy a stake in CrownRock.

FILE PHOTO: A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo
BusinessFinanceFuelNatural GasNewsOil

ExxonMobil selling Malaysia oil and gas assets to Petronas, sources say

ExxonMobil Corp has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, according to sources

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