Monday, 5 May 2025

Focus on Fuel

NGOs allege the loan is financing the Suralaya coal plant, which is being expanded to ten units (AFP)
BusinessCoalFinanceNews

NGOs accuse ADB of funding coal plants despite clean energy vows

Indonesia coal projects are not excluded from being funded Asian Development Bank, four NGOs allege.

The logo of the Canadian mining company Teck Resources Limited is displayed as people visit the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren/ File Photo
BusinessCoalMiningNews

Canada’s Teck Resources misses first-quarter profit estimates

Lacklustre steelmaking coal sales blamed for Teck profits disappointment.

AnalysisEconomyElectricityFuelReportsTrade

Reimagining energy security for the transition to renewables: IRENA report

What will the transition to renewable energy sources mean for our understanding of energy security? The International Renewable Energy Agency (IRENA) has published...

AnalysisAviationBiofuelsEmissionsReportsSustainable Aviation Fuel

The role of sustainable aviation fuel in reaching net zero by 2050: IATA report

Sustainable aviation fuel (SAF) to play a big role in all roadmaps for aviation industry to reach net-zero emissions by 2050, says new...

FILE PHOTO: A European Union flag flutters outside the EU Commission headquarters, in Brussels, Belgium, February 1, 2023 REUTERS/Yves Herman/File Photo
EconomyNewsOilPoliticsTrade

EU’s proposed sanctions on Russia to target oil tankers, ships moving North Korean equipment: sources

The European Commission is expected to propose sanctions on ships delivering North Korean military equipment to Russia as well as tankers that flout...

Hungary fuel price cap: An employee holds a gas pump to refill a car at a petrol station in Budapest January 11, 2012. REUTERS/Bernaadett Szabo/File Photo
BusinessEconomyFinanceFuelNewsPoliticsUtilities

Hungary gives fuel traders two weeks to match regional average prices

Hungary's government scrapped a fuel price cap in December 2022 after a lack of imports and panic buying led to fuel shortages, but...

FILE PHOTO: The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi Niesner/File Photo
BusinessEconomyHydrogenNatural GasNewsPoliticsRegulations

EU hydrogen plans must be supported by subsidies, regulations: energy execs

European governments will need to offer energy companies subsidies and regulatory support to produce renewable hydrogen to make the transition to clean fuels...

Pump jacks of Wintershall DEA are pictured in Emlichheim near the northern German city of Meppen, Germany, March 9, 2022. REUTERS/Fabian Bimmer/ File photo
BusinessNatural GasNewsOil

Wintershall Dea management board to step down after Harbour Energy deal closed

Wintershall Dea says its current management board will step down after the transfer of its non-Russian oil and gas assets to Britain's Harbour...

FILE PHOTO: The Nikolay Yevgenov, a ship carrying Russian liquefied natural gas (LNG), is seen next to the terminal of Spanish gas grid operator Enagas ENAG.MC at the port of Barcelona, Spain, June 4, 2022. REUTERS/Nacho Doce/File Photo
EconomyLiquefied Natural GasNewsPoliticsTrade

Russia does not rule out LNG exports stagnating in next 4 years

Russia's LNG exports could stagnate in the next four years, two Economy Ministry scenarios suggest. Is this a sign that Western sanctions might...

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
FuelLiquefied Natural GasNatural GasNews

Pressure on gas and LNG prices to help switch from coal, says J.P. Morgan

Gas prices to come down as growth in output will boost efforts to transition industries away from coal, says report.