Tuesday, 4 February 2025

Focus on Fuel

FILE PHOTO: A tanker waits to dock at Western Europe's largest liquefied natural gas plant Hammerfest LNG, in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi Niesner/File Photo
AnalysisEmissionsMaritimeOilRegulations

New fuel restrictions for ships in Arctic fall short, green groups say

New rules aim to prevent heavy fuel oil spills in the Arctic's sensitive environment.

Students of Excellent Moral School attempt to answer a mathematics question on a blackboard inside a dimly lit classroom in Ibadan, Nigeria, Tuesday, May 28, 2024. The lack of reliable electricity severely affects education and businesses in Nigeria. (AP Photo/Sunday Alamba)
AnalysisElectricityInfrastructureNatural GasPoliticsSolar

Millions in Nigeria have little to no electricity. It’s straining businesses and public services

Half of Nigeria's population has insufficient access to electricity, and many rural communities are off the grid entirely.

FILE - In this June 8, 2017, file photo, fresh nuts, bolts and fittings are ready to be added to the east leg of the pipeline near St. Ignace, Mich., as Enbridge prepares to test the east and west sides of the Line 5 pipeline under the Straits of Mackinac in Mackinaw City, Mich. Environmentalists are challenging Michigan regulators' decision to approve encasing part of an aging Enbridge Energy oil pipeline that runs beneath a channel connecting two Great Lakes, arguing that they failed to properly consider alternatives that would minimize climate impacts. (Dale G Young/Detroit News via AP, File)
ClimateInfrastructureNewsOilRegulations

Environmentalists appeal Michigan regulators’ approval of Enbridge Energy oil pipeline tunnel project

Environmentalists say regulators failed to properly consider alternatives that would minimize climate impacts.

FILE PHOTO: General view of Citgo Petroleum headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura/File Photo
BusinessIndustryNewsOilPolitics

US court may put off hearing on Citgo bids to September

The auction is the culmination of a seven-year court battle seeking to satisfy $21.3 billion in claims against Venezuela.

FILE PHOTO: Trafigura logo is seen in this illustration taken, April 23, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceFuelNewsOil

Trafigura, Gunvor demand sparks jump in Brent oil benchmark

Trading houses Trafigura and Gunvor bought nine cargoes of crude that underpin the international Brent oil benchmark in the last week

FILE PHOTO: A boat lies on the partially dried-up bed of the Villa Victoria dam, which supplies water to Mexico's capital, as the Cutzamala System's stores have their lowest level in years due to a drought, in Villa Victoria, Mexico June 19, 2024. REUTERS/Paola Garcia/File Photo
BusinessCarbon ManagementClimateFinanceFuelNews

More finance, policy ambition demanded at London climate week

Countries need to dig deeper to provide the finance and set the policies needed to shift to a low-carbon economy, delegates heard this...

AnalysisClimateCourtsElectionsEmissionsIn-DepthOilPolitics

Q&A: What does the ‘landmark’ Horse Hill judgment mean for UK fossil fuels?

On June 20, the British Supreme Court ruled that a local council acted unlawfully by granting planning permission for an oil project. Carbon...

FILE PHOTO: A man walks past the logo of Spanish oil major Repsol outside its headquarters in Madrid, Spain, December 26, 2023. REUTERS/Susana Vera/File Photo
BusinessFinanceFuelInfrastructureLiquefied Natural GasNewsOilPoliticsRegulationsUtilities

Repsol in talks to merge UK North Sea operations with NEO, sources say

Spain's Repsol is in talks to merge its UK North Sea oil and gas business with private equity-backed NEO Energy, three industry sources...

FILE PHOTO: The logo of Repsol is seen near a fuel station in Malaga, Spain, April 24, 2024. REUTERS/Jon Nazca/File Photo
BusinessFinanceFuelLiquefied Natural GasNewsOil

Repsol explores sale of minority stake in South Texas oil assets, sources say

Repsol plans to sell a minority interest in its Eagle Ford shale assets in South Texas, in a deal that could value the...

Smoke rising out of chimneys at Ratcliffe on Soar power station near Nottingham. File photo. (David Jones/PA)
FuelLiquefied Natural GasNatural GasNewsOilPolitics

UK government met oil and gas lobbyists every working day in 2023

At least 65 fossil fuel organisations and industry bodies were identified meeting with ministers over the course of 2023.

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