Thursday, 23 January 2025

Focus on Fuel

FILE PHOTO: Russian President Vladimir Putin attends a meeting of the Supreme Eurasian Economic Council at the Igora resort in the Leningrad region, Russia, December 26, 2024. Sputnik/Gavriil Grigorov/Pool via REUTERS/File Photo
EconomyNatural GasNewsPoliticsTrade

Putin says there is no time to sign new Ukraine gas transit deal this year

The current five-year gas transit deal between Russia and Ukraine expires in the end of the year.

FILE PHOTO: Volunteers work to clear spilled oil on the coastline following an incident involving two tankers damaged in a storm in the Kerch Strait, in the settlement of Blagoveshchenskaya near the Black Sea resort of Anapa in the Krasnodar region, Russia December 21, 2024. REUTERS/Sergey Pivovarov/File Photo
ClimateEnvironmentFuelNewsOil

Russia declares federal emergency over Black Sea oil spill

Two oil tankers were hit by a storm on Dec. 15. One split in half and the other ran aground.

FILE PHOTO: A volunteer works to clear spilled oil on the coastline following an incident involving two tankers damaged in a storm in the Kerch Strait, in the settlement of Blagoveshchenskaya near the Black Sea resort of Anapa in the Krasnodar region, Russia December 21, 2024. REUTERS/Sergey Pivovarov/File Photo
BusinessClimateEconomyEmissionsEnvironmentNewsOilPoliticsRegulationsTrade

Russian region declares emergency situation as Black Sea oil spill fallout widens

Authorities in Russia's Krasnodar region declared a state of emergency as oil continues to wash ashore from damaged tankers.

FILE PHOTO: Chimneys of a coal-fired power plant are pictured in New Delhi, India, July 20, 2017. Picture taken July 20, 2017. REUTERS/Adnan Abidi/File Photo
CoalEmissionsNewsPoliticsRegulations

India reviews $30 billion sulphur-cutting programme for coal plants

India is reviewing a decade-old $30 billion programme requiring coal-fired power plants to install equipment to cut sulphur emissions.

rude oil tankers are seen docked at the Trans Mountain Westridge Marine Terminal in Burnaby, B.C., on Monday, June 10, 2024. THE CANADIAN PRESS/Darryl Dyck
AviationBusinessEnvironmentFuelLabourMaritimeNewsTransmission

Union for striking aviation fuel workers in Vancouver says aging pipeline poses risk

Union representing striking aviation fuel workers in Vancouver warns diverting the fuel around the industrial action could pose an environmental hazard.

y, Genesee County and state of Michigan agencies respond to an oil spill in the Flint River, Wednesday, June 15, 2022. (Jake May/MLive.com/The Flint Journal via AP, File
BusinessCourtsEnvironmentNewsOil

Company official charged in 2022 oil-chemical discharge into Michigan’s Flint River

FLINT, Mich. (AP) — The president of a chemical company has been charged in connection with the unauthorized discharge of oil that left...

FILE PHOTO: People work to clear spilled oil on the coastline following an incident involving two tankers damaged in a storm in the Kerch Strait, in the settlement of Blagoveshchenskaya near the Black Sea resort of Anapa in the Krasnodar region, Russia December 21, 2024. REUTERS/Sergey Pivovarov/File Photo
ClimateEmissionsEnvironmentNewsOilPoliticsRegulations

Black Sea oil spill volunteers in Russia ask Putin to send urgent help

The oil is from two ageing tankers hit by a storm on Dec. 15. One of the vessels split in half, while the...

The Manitoba government is ending its yearlong fuel tax holiday but bringing back the levy at a lower rate. A person pumps gas at a gas station in Mississauga, Ont.,  Tuesday, Feb.13, 2024. THE CANADIAN PRESS/Christopher Katsarov
AutomotiveEconomyFuelNews

Manitoba government to reinstate fuel tax, but at a reduced rate

The government temporarily suspended the 14-cents-a-litre fuel tax at the beginning of 2024 as a way to help people deal with the rising...

Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held company Westbrick Energy Ltd. for $1.075 billion. Vermilion Energy Inc. logo is shown in a handout. THE CANADIAN PRESS/HO
BusinessNatural GasNewsOil

Vermilion Energy announces $1B deal to buy Westbrick, bolstering scale in Deep Basin

Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held Westbrick Energy Ltd. for $1.075 billion.

FILE PHOTO: The logo of Brazil's state-run Petrobras oil company is seen at its headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo
BusinessEconomyInfrastructureNatural GasNewsOilTransmission

Brazil’s Petrobras to sign deal for four new support vessels built locally

Transpetro awarded a $69.5M tender for four coastal vessels to boost Brazil's shipbuilding sector after a decade of stagnation.

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