Tuesday, 4 February 2025

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Kate Forbes claimed there is confusion around how Labour’s GB Energy will operate (PA)
Carbon ManagementElectricityNewsPoliticsSolarWind

Labour’s GB Energy plans will not tackle unfairness, claims Scottish minister Forbes

“The problem for developers and for government is actually having the clarity on what GB Energy will mean," Forbes told journalists.

A man passes by Exxon Mobil Corp.'s headquarters in Georgetown, Guyana, June 29, 2023. REUTERS/Sabrina Valle/ File Photo
BusinessFinanceNewsOil

Exxon-led Guyana oil group’s net jumps in 2023, margins top Nvidia’s

The offshore oil venture's revenue has soared by 23%.

FILE PHOTO: Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. REUTERS/Toby Melville/File Photo
BusinessEconomyFinanceNewsOil

FTSE 100 edges higher as oil offsets defence slide

Shell and BP rose more than 1% each as crude prices steadied.

FILE - Republican presidential candidate North Dakota Gov. Doug Burgum speaks during a debate, Sept. 27, 2023, in Simi Valley, Calif. Burgum is one of Donald Trump’s most visible and vocal backers, sprinting around the country to drum up support while auditioning to be his running mate. Meanwhile, Burgum is wrestling with a mammoth carbon dioxide pipeline project in his home state. The $5.5 billion venture has split North Dakota and left him straddling an awkward political divide as Trump and President Joe Biden offer voters starkly different visions of America. (AP Photo/Mark J. Terrill, File)
AnalysisCarbon ManagementClimateOilPolitics

A potential Trump VP pick backs a controversial CO2 pipeline favored by the Biden White House

Doug Burgum has championed the pipeline, calling it a great business opportunity.

FILE PHOTO: A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/File Photo
EconomyFuelNewsOilPolitics

Oil prices dip as investors fret over demand outlook

By Arathy Somasekhar HOUSTON (Reuters) -Crude oil prices fell 1% on Tuesday as weak U.S. consumer confidence data fed worries about the economic...

BiofuelsBusinessNewsSustainable Aviation FuelTransmission

Private group announces Brazil’s two longest ‘green fuel’ pipelines

One of the new pipelines will transport biodiesel and the other biofuels like ethanol, connecting the company's Lapa biodiesel plant to a cluster...

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
BusinessLabourLiquefied Natural GasNews

Rising US labor costs threaten to derail new LNG projects

A shortage of skilled labor and nagging inflation from strong wage growth on the U.S. Gulf Coast are pressuring liquefied natural gas (LNG)...

FILE PHOTO: A view of the Weisweiler coal power plant of German utility RWE in Weisweiler Germany, January 17, 2023 REUTERS/Wolfgang Rattay/File Photo
BusinessCoalEconomyEmissionsFinanceNewsPolitics

German coal power phase-out likely before 2038 due to economics: climate envoy

Leaders of the Group of Seven developed countries this month pledged to phase out existing unabated coal power generation in energy systems during...

The Alberta Energy Regulator says it expects the province's oilsands production to grow by more than 17 per cent by 2033. Boilers—where steam is created—at the Cenovus Christina Lake oilsands facility southeast of Fort McMurray, Alta., on Wednesday April 24, 2024. THE CANADIAN PRESS/Amber Bracke
BusinessNewsOil

Alberta regulator projects 17 per cent growth in oilsands production by 2033

The Alberta Energy Regulator says most growth will come from in situ operations.

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