Saturday, 18 January 2025

Focus on Fuel

FILE PHOTO: A logo of Google is seen on its office building in Hyderabad, India, January 29, 2024. REUTERS/Francis Mascarenhas/File Photo
BiofuelsBusinessCarbon ManagementClimateEmissionsFuelNews

Google signs deal to buy carbon removal credits from Indian farms

The deal - signed by Google and Indian supplier Varaha - is one of the biggest ever involving biochar.

FILE PHOTO: Signage is seen outside a BP (British Petroleum) petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo
BusinessFuelLabourNewsOil

BP cuts over 5% of workforce to reduce costs

BP told staff that 3,000 contractor positions will also be cut.

Chinese President Xi Jinping (R) shakes hands with Sri Lankan President Anura Kumara Dissanayake during a signing ceremony at the Great Hall of the People in Beijing on January 15, 2025 (POOL)
BusinessFuelNewsOilPoliticsTrade

Sri Lanka signs landmark $3.7 bn deal with Chinese state oil giant

Sinopec has agreed to invest $3.7 billion to construct a "state-of-the-art oil refinery" with a capacity of 200,000 barrels in Sri Lanka.

An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. China Daily via REUTERS/File Photo
AnalysisOilOpinionTrade

Column: China response key to crude oil after new sanctions on Russia

China may cut crude imports and tap inventories as U.S. sanctions on Russian oil disrupt supply, pressuring global prices.

Chris Wright is a founder of Liberty Energy, which serves the energy companies that have massively increased US fossil fuel production in recent years through fracking (AFP)
ElectricityFuelNewsPolitics

Trump’s Energy Dept pick wants to develop renewables… and fossil fuels

Wright advocated for renewable energy and referred to the warming planet as a fact, while still pushing for increased use of fossil fuels.

FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump gestures as he speaks during a press conference at Trump Tower in New York City, U.S., September 6, 2024. REUTERS/David Dee Delgado//File Photo
Liquefied Natural GasNewsRegulationsTrade

Trump to end need for some LNG export permit renewals, sources say

Trump plans to end LNG export permit renewals, aiming to boost projects stalled by Biden's restrictions, sources reveal.

FILE PHOTO: Model of pipeline and U.S. flag, July 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
Carbon ManagementNewsRegulations

US proposes new regulations for carbon dioxide pipeline safety

The new regulations will for the first time establish new norms for transporting carbon dioxide in a gaseous state via pipeline.

Piping is seen on the top of a receiving platform which will be connected to the Coastal GasLink natural gas pipeline terminus at the LNG Canada export terminal under construction, in Kitimat, B.C., Wednesday, Sept. 28, 2022. THE CANADIAN PRESS/Darryl Dyck
EconomyNatural GasNewsReports

Canada’s public pension holdings in natural gas companies a risk: report

Report raises alarms over public pension investments in natural gas, warning they risk becoming stranded assets amid the energy transition.

An oil production site run by Civitas Resources is seen near Broomfield, Colorado, U.S, December 2, 2021.  REUTERS/Liz Hampton
BusinessNatural GasNewsOil

Civitas Resources weighs sale of DJ Basin assets, Bloomberg News reports

Civitas Resources is considering selling its Denver-Julesburg Basin assets, potentially valued over $4 billion, to focus on Permian.

Minister of Energy and Natural Resources Jonathan Wilkinson  speaks with journalists before a Liberal Party caucus meeting in West Block on Parliament Hill, in Ottawa, Wednesday, Jan. 8, 2025. Wilkinson is the latest Liberal in Washington amid President-elect Donald Trump’s tariff threats and the Canadian energy minister is making the pitch for a Canada-U.S. energy and resource alliance. THE CANADIAN PRESS/Justin Tang
ElectricityFuelNewsPolitics

Energy minister makes the case for U.S.-Canada energy alliance in Washington

Wilkinson told US lawmakers that there is no better way to achieve economic dominance and strength against China than to work with Canada.

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