Wednesday, 22 January 2025

Focus on Fuel

A wide-view image of the Mecca Hills showing various canyons and slopes. (GETTY IMAGES NORTH AMERICA)
ElectionsEnvironmentMiningNewsOilSolar

Eyeing green legacy, Biden declares new national monuments

Biden's move will protect Chuckwalla National Monument in southern California from drilling, mining, and solar energy farms.

FILE PHOTO: Immigration inspection officers in protective suits check a tanker carrying imported crude oil at the port in Qingdao, Shandong province, China May 9, 2022. China Daily via REUTERS  /File Photo
BusinessNewsOilPoliticsTrade

China’s Shandong Port, entry point for most sanctioned oil, bans US-designated vessels

The move comes weeks after the U.S. imposed further sanctions on companies and ships that deal with Iranian oil.

A view of the retired Agios Georgios power station in Keratsini suburb, near Athens, Greece, January 3, 2025. REUTERS/Louiza Vradi
AnalysisBusinessCoalEconomyElectricityFuelIndustryNatural GasNuclear PowerOffshore WindPoliticsUtilitiesWind

Europe’s power price divide hits southeastern economies

Greek businesses and households face soaring energy costs, as uneven investment deepens Southeast Europe's energy crisis.

Eighty percent of the fall in Germany's emissions for 2024 is thanks to record high production of renewable energy and the continued closure of coal-fired power stations (AFP)
BiofuelsClimateCoalEconomyElectric Vehicles (EVs)ElectricityEmissionsIndustryNewsOffshore WindPoliticsStorageUtilitiesWind

Pace of German emissions cuts slows in 2024: study

Germany’s 2024 emissions fell three per cent, a slower drop than 2023, hindered by stalled green investments in industry and households.

FILE PHOTO: A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/File photo
BusinessElectric Vehicles (EVs)NewsOilTrade

Global crude exports dip as trade routes reshuffle again

The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic.

The Syncrude oil sands extraction facility is reflected in a tailings pond near the city of Fort McMurray, Alberta on Sunday June 1, 2014. THE CANADIAN PRESS/Jason Frans
AnalysisBusinessClimateEmissionsEnvironmentNatural GasOilPoliticsRegulationsReports

Alberta Energy Regulator lacks evidence for tailings spill cleanup claims: study

Study reveals Alberta’s oil regulator lacks data to support claims on oilsands tailings spill cleanups, raising concerns.

FILE PHOTO: An Exxon gas station seen in Washington, U.S., November 26, 2024. REUTERS/Nathan Howard/File Photo
BusinessClimateCourtsEmissionsEnvironmentNewsOilPoliticsRegulations

Exxon Mobil sues California attorney general, environmental groups

The lawsuit filed in the federal court in Beaumont, Texas includes a cause of action sounding in libel or slander, court records show.

Alberta Premier Danielle Smith speaks at a news conference in Calgary on Tuesday, July 30, 2024. THE CANADIAN PRESS/Todd Korol
BusinessEconomyInfrastructureNatural GasNewsOilPoliticsRegulationsTransmission

Alberta announces new effort to expand oil and gas pipeline capacity with Enbridge

Alberta partners with Enbridge to boost oil exports, streamline regulations, and expand pipeline capacity to the U.S.

The Suncor Energy Centre picture in downtown Calgary, Alta., Friday, Sept. 16, 2022.THE CANADIAN PRESS/Jeff McIntosh
BusinessNatural GasNewsOil

Suncor broke records for oil production in 2024, company says

Suncor Energy sets new records in 2024 with 827,000 barrels/day production, boosted by Trans Mountain pipeline expansion.

dian oil and gas stocks climbed Monday as the country's energy sector absorbed the news of Prime Minister Justin Trudeau's resignation. Pumpjacks draw out oil and gas from wells near Calgary on Monday, Sept. 18, 2023. THE CANADIAN PRESS/Jeff McIntosh
BusinessClimateEconomyEmissionsEnvironmentNatural GasNewsOilPoliticsRegulations

Canadian oil stocks climb as industry absorbs news of Trudeau resignation

Canadian energy stocks surged Monday as PM Trudeau's resignation spurred optimism in the oil and gas sector.

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