Wednesday, 5 February 2025

Focus on Fuel

dian oil and gas companies facing a federally imposed emissions cap will cut their production rather than invest in emissions-reducing carbon capture and storage technology, a new report by Deloitte says. A dump truck works near an oil sands extraction facility near Fort McMurray, Alta. on Sunday June 1, 2014.  THE CANADIAN PRESS/Jason Frans
Carbon ManagementClimateEconomyEmissionsFuelNatural GasNewsOilPolitics

Canada’s emissions cap not possible without oil, gas production cuts: Deloitte

A new report commissioned by the Alberta government suggests that oil and gas companies will cut production rather than invest in carbon capture...

FILE PHOTO: U.S. President Joe Biden reacts to questions from reporters during a meeting with NATO Secretary General Jens Stoltenberg in the Oval Office at the White House in Washington, U.S., June 17, 2024. REUTERS/Elizabeth Frantz/File Photo
AgricultureAutomotiveBiofuelsClimateElectric Vehicles (EVs)EmissionsFuelNewsOilPoliticsRegulationsTransport

Oil and corn groups team up in lawsuit to halt Biden truck emissions rules

Lobby groups say President Biden's plans to cut emissions from heavy-duty vehicles will cause economic harm.

FILE PHOTO: The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessFuelLiquefied Natural GasMaritimeNewsOilTransport

Singapore’s Temasek to sell Pavilion Energy to Shell

Shell hopes the deal with Temasek will strengthen its position in the liquefied natural gas market.

Dan McLean, shown Wednesday, March 6, 2024, points to where Summit Carbon Solutions' proposed carbon dioxide pipeline would cross his land near Menoken, N.D. The project has drawn opposition from numerous Midwestern landowners, including McLean. (AP Photo/Jack Dura)
AgricultureAnalysisAviationBiofuelsCarbon ManagementFuelIn-DepthSustainable Aviation FuelTransport

Biofuel groups envision ethanol-powered jets but fueling it has not been easy

Dan McLean is opposed to a proposed carbon dioxide pipeline that would cross his land near Menoken, N.D. (AP Photo/Jack Dura)

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
BusinessFinanceFuelInfrastructureNatural GasNewsOilSustainable Aviation FuelUtilities

Berkshire Hathaway boosts stake in Occidental Petroleum to nearly 29%

Billionaire Warren Buffett’s Berkshire Hathaway Inc acquired another 2.95 million shares in Occidental Petroleum, a regulatory filing showed, bringing his stake in the...

FILE - Nuts, bolts and fittings are ready to be added to the east leg of the pipeline near St. Ignace, Mich., as Enbridge Inc. Michigan Attorney General Dana Nessel's lawsuit seeking to shut down part of a petroleum pipeline that runs beneath the Straits of Mackinac belongs in state court, a federal appellate panel ruled Monday. (Dale G Young/Detroit News via AP, File)
BusinessCourtsNewsOilPoliticsTransmission

US federal appellate panel sends Michigan Line 5 pipeline challenge to state court

Michigan Attorney General Dana Nessel's lawsuit seeking to shut down part of a petroleum pipeline that runs beneath the Straits of Mackinac belongs...

FILE PHOTO: Holding tanks are pictured at Colonial Pipeline's Linden Junction Tank Farm in Woodbridge, New Jersey, U.S., May 10, 2021. REUTERS/Hussein Waaile/File Photo
BusinessFinanceFuelNewsOilTransmission

Some Colonial Pipeline owners eye stake sales at $10 billion-plus company valuation, sources say

Some of Colonial Pipeline's owners are exploring divesting their stakes, hoping they can fetch prices that would value the largest U.S. fuel transportation...

BusinessEconomyLabourNewsOilPolitics

Brazil environmental agency strike cutting oil output by 80K barrels per day: lobby

A partial strike by employees at Brazil's environmental agency, which approves oil licenses, is reducing the nation's oil output by some 80,000 barrels...

AnalysisClimateCoalElectionsEmissionsFuelNatural GasOilOpinionPolitics

Opinion: The world no longer needs new fossil fuels – and the UK could lead the way in making them taboo

Opinion: If governments stop new projects, the production and consumption of fossil fuel will gradually decline over coming decades as existing assets reach...

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

Trafigura agrees to pay $55 million to settle U.S. CFTC charges

A unit of global commodities trader Trafigura has agreed to pay a $55-million civil fine to settle U.S. Commodity Futures Trading Commission charges...

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