Tuesday, 4 February 2025

Focus on Fuel

FILE - A 2021 Toyota Prius that runs on a hydrogen fuel cell sits on display at the Denver auto show on Sept. 17, 2021, at Elitch's Gardens in downtown Denver. California will be the first state to receive federal funds under a program to create regional networks, or "hubs," that produce hydrogen as an energy source for vehicles, manufacturing and generating electricity, officials announced Wednesday, July 17, 2024. (AP Photo/David Zalubowski, File)
Climate FinanceElectricityEmissionsHydrogenIndustryNewsTransport

California first state to get federal funds for hydrogen energy hub to help replace fossil fuels

California will pioneer federal-funded hydrogen hubs for clean energy, securing an initial $30M, potentially up to $1.2B, to support decarbonization efforts.

FILE - Visitors to Point Woronzof Park watch the sun set over Cook Inlet and Mount Susitna, on June 7, 2013, in Anchorage, Alaska. A federal judge on Tuesday, July 16, 2024, has suspended the lone lease stemming from a 2022 oil and gas lease sale in Alaska's Cook Inlet basin after finding problems with the environmental review the sale was based on. (AP Photo/Dan Joling, File)
BiodiversityBusinessClimateCourtsFuelNatural GasNewsOilPolitics

US judge suspends Alaska Cook Inlet lease, pending additional environmental review

JUNEAU, Alaska — An environmental review underpinning a 2022 oil and gas lease sale in Alaska failed to properly analyze the potential impacts...

FILE PHOTO: The headquarters of U.S. energy exporter and pipeline operator Kinder Morgan Inc. is seen in Houston, Texas, U.S. September 27, 2020. REUTERS/Gary McWilliams/File Photo
BusinessElectricityFinanceFuelNatural GasNewsOilTransmission

Pipeline and terminal operator Kinder Morgan reports Q2 miss, remains optimistic on natgas demand

The earnings fell short due to higher costs and CO2 segment weakness, with adjusted profit at 25 cents per share, missing estimates.

FILE PHOTO: Fur seals rest along the northern shore in St. George, Alaska, U.S., May 22, 2021. REUTERS/Nathan Howard/File Photo
BiodiversityClimateCourtsEnvironmentFuelLegislationNewsOilPoliticsRegulations

US court overturns Alaska oil lease sale

The Alaska oil lease sale had been mandated by Biden administration's signature climate law as part of a political compromise.

FILE PHOTO: A tanker truck used to haul oil products operates at an oil facility near Brooks, Alberta, Canada April 18, 2018. Picture taken April 18, 2018. REUTERS/Todd Korol/File Photo
BusinessFuelInfrastructureNewsOilPoliticsTradeTransmission

US imports of Canadian crude hits record high following TMX startup

US imports of crude oil from Canada rose last week to its highest on record, data from the Energy Information Administration showed

Homes devastated by Hurricane Beryl, just the latest extreme weather event to boost oil prices (AFP)
BusinessClimateEnvironmentFuelNewsOilWeather

Climate change risk stirs oil market

From forest fires to hurricanes and other natural disasters: climate change risk is increasingly influencing oil prices.

FILE PHOTO: Model of LNG tanker is seen in front of the U.S. flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
ClimateCourtsEmissionsEnvironmentLiquefied Natural GasNatural GasNewsPoliticsRegulations

US court orders federal regulators to assess emissions of Louisiana LNG project

The court did not vacate FERC's 2022 approval of the project as it ordered the regulator to consider the impact of emissions.

A free trade arbitration tribunal has tossed out TC Energy Corp.'s claim that it is owed US$15 billion in damages as a result of President Joe Biden's cancellation of the Keystone XL pipeline permit. Pipes intended for construction of the Keystone XL pipeline are shown in Gascoyne, N.D. on Wednesday April 22, 2015. THE CANADIAN PRESS/Alex Pane
CourtsIndigenousNewsOilPoliticsTradeTransmission

TC Energy’s US$15B Keystone XL claim thrown out by trade tribunal

TC Energy launched the claim in 2021 under rules tied to the North American Free Trade Agreement.

An environmental protestor hangs a banner at the site of a future coal mine to be developed by West Cumbria Mining, in Whitehaven, northwest England, Britain, December 8, 2023. REUTERS/Suzanne Plunkett
ClimateCoalEmissionsInfrastructureNewsPolitics

UK’s new coal mine sent ‘adverse international signal’, campaigners say

Campaigners have gone to the High Court to challenge the decision for a new coal mine in Cumbria.

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