Wednesday, 5 February 2025

Focus on Fuel

FILE PHOTO: The logo of ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessCourtsFinanceNewsOil

Vanguard says it backed Exxon board, but cites investor rights concerns

Vanguard said its funds supported the election of Exxon's director nominees at its annual meeting last week, but the mutual fund giant cited...

FILE PHOTO: Wind turbines and solar panels are seen at a wind and solar power plant by State Power Investment Corporation (SPIC) in Zhangjiakou, Hebei province, China October 29, 2018. REUTERS/Stringer/File Photo
BusinessEconomyElectricityHydrogenNewsPoliticsSolarWind

China’s SPIC invests $147 million in Brazil wind farms, launches solar parks

Chinese electricity company SPIC announced on Wednesday a 780 million reais ($147.41 million) investment in construction of two new wind farms in Northeastern...

Members of Ecuadorean Indigenous organizations and environmental advocacy groups protest demanding that the government should comply with court orders to halt the use of hundreds of gas flares by oil producers in the country's Amazon, in Quito, Ecuador June 5, 2024. REUTERS/Karen Toro
CourtsEconomyEnvironmentIndigenousNewsOilPolitics

Ecuador Indigenous, environmental groups protest Petroecuador gas flaring

Ecuadorean Indigenous organizations and environmental advocacy groups are protesting state-run oil company Petroecuador, saying it is failing to comply with a court order...

The Calgary Courts Centre in Calgary, Alta., Monday, March 11, 2019. THE CANADIAN PRESS/Jeff McIntosh
CoalCourtsMiningNewsPoliticsRegulations

Ranchers turn to top Alberta court in hopes of blocking Rockies open-pit coal mine

A group of southern Alberta ranchers are turning to the province's top court in a final bid to block applications for coal exploration...

An SNP shift from presumption against new oil and gas licences is a ‘shameless retreat’ from climate action, the Scottish Greens have said (Andrew Milligan/PA)
ElectionsNatural GasNewsOilPolitics

Scottish National Party accused of ‘shameless retreat’ of climate leadership over oil and gas stance

The Scottish National Party has been accused of a “shameless retreat” from climate leadership after Kate Forbes claimed her party was not against...

UN Secretary-General Antonio Guterres called for a ban on advertising oil, gas and coal -- the main drivers of global warming (AFP)
ClimateCoalEnvironmentLegislationLiquefied Petroleum GasNatural GasNewsOilPoliticsRegulationsUnited Nations

Planet overheating, ban fossil fuel ads: UN chief

UN Secretary General Antonio Guterres called for a ban on advertising oil, gas and coal as global climate monitors signal the planet is...

FILE PHOTO: Downtown Denver is seen in the background from the Suncor Energy refinery in Denver June 12, 2006. REUTERS/Rick Wilking/File Photo
ClimateCourtsEmissionsNewsOilPolitics

Environmental groups to sue Canada’s Suncor over Colorado refinery emissions

Environmental groups filed notice Weds to sue Canadian oil producer Suncor Energy under the US Clean Air Act for air pollution violations

Kate Forbes said the SNP had ‘never said no’ to further licensing (Jane Barlow/PA)
ElectionsLiquefied Petroleum GasNatural GasNewsOilPolitics

Scottish Deputy First Minister: SNP not against oil and gas licences

Scotland's Deputy First Minister has said the SNP is not against oil and gas licences, but developments would need to meet climate compatibility...

FILE PHOTO: Saplings grown at the nursery of the nonprofit environmental group Rioterra, await planting to restore areas of a nearby rainforest, at the Jamari National Forest, in Itapua do Oeste, Rondonia state, Brazil, February 18, 2020.  REUTERS/Alexandre Meneghini/File Photo
Carbon ManagementClimateEmissionsEnvironmentIn-DepthLegislationNewsPoliticsRegulations

Researchers – Carbon removal needs to quadruple to meet climate goals

Governments need to plant more trees and deploy technologies that will quadruple the CO2 removed each year, researchers said Wednesday

An Indigenous group that opposed the construction of the Coastal GasLink pipeline is urging banks and investors not to help finance a proposed second phase of the project. The terminus for the Coastal GasLink natural gas pipeline is seen at the LNG Canada export terminal under construction in Kitimat, B.C., Wednesday, Sept. 28, 2022. THE CANADIAN PRESS/Darryl Dyck
BusinessEconomyFinanceIndigenousLiquefied Natural GasNewsPoliticsTransmission

Wet’suwet’en hereditary chiefs urge banks to snub TC Energy bonds

Hereditary chiefs of the Wet'suwet'en First Nation of B.C. have written an open letter to Canada's biggest banks and investors urging them to...

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