Thursday, 23 January 2025

Focus on Fuel

FILE PHOTO: An oil pumpjack is pictured in the Permian basin, Loco Hills regions, New Mexico, U.S., April 6, 2023. REUTERS/Liz Hampton/File Photo
FuelNatural GasNewsOilPoliticsRegulations

US oil executives expect faster permitting under Trump, says Dallas Fed

A third of executives polled said they think the permitting process will become significantly faster over the next four years.

BusinessFuelNewsOilTrade

Ample supply, slow demand to temper oil price gains in 2025

31 economists and analysts predicted that Brent crude would average $74.33 per barrel in 2025.

This photo taken from a video released by the Russian Southern Transport Prosecutor's Office, shows a Volgoneft-212 tanker wrecked by a storm in the Kerch Strait, Russia, Sunday, Dec. 15, 2024. (The Russian Southern Transport Prosecutor's Office via AP)
ClimateEmissionsEnvironmentMaritimeNewsOilRegulations

Russia warns of severe environmental damage as oil from damaged tankers washes up on beaches

Russian officials warn of severe environmental damage as over 10,000 volunteers clean up a massive oil spill in the Kerch Strait.

FILE PHOTO: A gas worker walks between pipes in a compressor and distribution station of the Urengoy-Pomary-Uzhgorod gas pipeline, some 30 km (19 miles) from the south western Russian city of Kursk January 4, 2006. REUTERS/Sergei Karpukhin/File Photo
BusinessEconomyInfrastructureNatural GasNewsPoliticsRegulationsTradeTransmissionUtilities

Russian gas era in Europe ends as Ukraine stops transit

Russia has halted gas exports to Europe via Ukraine as the transit deal expired on January 1, 2025, ending a decade-long route.

Sustainable aviation fuel is made from sources such as agricultural waste and used cooking oil (Steve Parsons/PA)
AviationBusinessClimateEmissionsEnvironmentLegislationNewsRegulationsSustainable Aviation Fuel

UK’s lower-carbon jet fuel mandate comes into force

UK's SAF mandate starts Jan 1, 2025, requiring two per cent sustainable jet fuel, rising to 10 per cent by 2030 and 22...

Map of Europe showing operational LNG import terminals, pipelines and transmission networks (AFP)
AnalysisBusinessEconomyInfrastructureLiquefied Natural GasNatural GasPoliticsRegulationsTradeTransmissionUtilities

End of Russian gas via Ukraine sparks unease in eastern Europe

Ukraine has halted Russian gas transit to Europe, prompting Moldova's state of emergency and Slovakia's threats of retaliation.

AFILE PHOTO: ll American Marine project manager Matt Riedel disembarks the Sea Change while it is docked at Squalicum Harbor in Bellingham, Washington, U.S., April 7, 2022. The 70-foot, 75 passenger ferry, that is propelled entirely by hydrogen fuel cells, was built by All American Marine and conceived of by Switch Maritime. Picture taken April 7, 2022. REUTERS/Matt Mills McKnight/File Photo
BusinessElectricityFinanceHydrogenNewsNuclear PowerRegulations

US to issue hydrogen credit rule this week, with path for nuclear, sources say

The long-awaited guidance will provide a pathway for hydrogen produced using nuclear power to access the credits, sources told Reuters.

FILE PHOTO: An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo/File Photo
BusinessEconomyInfrastructureLiquefied Natural GasNewsTransmission

US LNG gas demand hits record high on last day of the year

U.S. LNG demand hit a record 15.2 bcf on New Year's Eve, with forecasts predicting growth to 17.8 bcf in 2025 amid new...

FILE PHOTO: The logo of Gazprom company is seen on the facade of a business centre in Saint Petersburg, Russia March 31, 2022. REUTERS/REUTERS PHOTOGRAPHER/File photo
BusinessNatural GasNewsPolitics

Europe’s Russian gas era comes to an end as Ukraine transit stops

Russian gas supplies to Europe via Ukraine will cease on January 1, ending Moscow's dominance in the European gas market.

FILE PHOTO: Valves and pipes are seen at a gas compressor station in the village of Boyarka, outside Kiev, April 22, 2015. REUTERS/Gleb Garanich/File Photo
BusinessEconomyIndustryInfrastructureNatural GasNewsPoliticsTransmission

Ukraine transit operator says Russia has not nominated gas volumes for Jan. 1 so far

Ukraine's gas transit operator said Russia had not nominated any gas flows for Jan. 1 through the Ukrainian pipeline to Europe as of...

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