Wednesday, 5 February 2025

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Alberta landfill waste carbon capture project inks deal with Canada Growth Fund

A company proposing to use carbon capture and storage technology to create clean electricity from landfill waste has become the second to secure...

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File Photo
BusinessFinanceNewsOil

Oil prices extend rally on potential U.S. crude purchase for reserve

Investors are waiting to see how changing oil prices could hit demand

A generic view of Hoa Binh Hydropower Plant, state utility owned by Electricity of Vietnam, in Hoa Binh province, Vietnam, June 4, 2024. REUTERS/Francesco Guarascio
AnalysisClimateCoalElectricityFuelInfrastructureNewsNuclear Fusion

Analysis-Vietnam eyes greener power but banks on coal to avert blackouts

Vietnam's state-run electricity provider is trying to avoid a repetition of last year's blackuts

FILE PHOTO: Semi trucks drive past a giant U.S. flag displayed at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022. REUTERS/Bing Guan/File Photo
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California seeks company profits in Big Oil climate lawsuit

California's attorney general on Monday sought to force the world's biggest oil companies to give up profits the state alleges they made while...

The Alberta Energy Regulator is telling a Calgary energy company to abandon hundreds of wells, pipeline sections and other facilities over concerns about care and maintenance of the sites. A de-commissioned pumpjack is shown at a well head on an oil and gas installation near Cremona, Alta., Saturday, Oct. 29, 2016. THE CANADIAN PRESS/Jeff McIntosh
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Calgary energy company told to abandon hundreds of wells after ongoing care problems

The Alberta Energy Regulator is telling a Calgary energy company to abandon hundreds of wells, pipeline sections and other facilities over concerns about...

AnalysisCoalEmissionsNatural GasOilPoliticsRegulationsReportsTrade

Analysis: What is changing under the new EU methane regulation?

What is changing under the new EU methane regulation, for whom and when? A new insight published by the Oxford Institute for Energy...

FILE PHOTO: People are pictured at Waikiki Beach in Honolulu, Hawaii August 25, 2015. REUTERS/Marco Garcia
ClimateCourtsEmissionsNatural GasNewsOilPolitics

Supreme Court seeks US government views on Honolulu climate suit against oil companies

The U.S. Supreme Court on Monday asked President Joe Biden's administration to offer its views on a bid by Sunoco and other oil...

A car owner pumps at a petrol station in Kuala Lumpur, Malaysia, Monday, June 10, 2024. Diesel price in Malaysia jumped by more than 50% on Monday as part of a revamp of decades-old fuel subsidies to tighten government spending and save billions of ringgits annually. (AP Photo/Vincent Thian)
AutomotiveEconomyFuelNewsPoliticsTransport

Diesel prices jump 56% as Malaysia revamps fuel subsidies

Malaysia's Prime Minister Anwar Ibrahim announced the decision to cut diesel subsidies last month so lower-income groups could prepare.

Aramco's secondary share offering offers a short-term boost to Saudi Arabia's finances as the Gulf kingdom pursues mega-projects (AFP)
BusinessFinanceFuelNewsOil

Saudi Aramco says foreigners grab ‘majority’ of share offering

Oil giant Saudi Aramco said Sunday international investors snatched up bulk of shares in its latest offering, which was set to raise $11.2bn

FILE PHOTO: General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/File Photo
EconomyFuelNewsOilPoliticsTrade

Saudi Arabia’s Q1 oil activities down 11.2%, GDP shrinks estimated 1.7% y/y

Saudi Arabia's Q1 GDP shrank 1.7%y/y, preliminary government data showed on Sunday, as a decline in oil activities weighs on growth

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