Thursday, 23 January 2025

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FILE PHOTO: Australia's Woodside Energy Group's exhibition booth is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. REUTERS/Florence Tan/File Photo
BusinessFuelNatural GasNewsOil

Chevron, Woodside in Western Australia LNG asset swap deal

Australian energy giant Woodside Energy is exiting the $34 billion Wheatstone LNG project.

FILE - Youth plaintiffs in the Held v. Montana climate case leave the Montana Supreme Court, on July 10, 2024, in Helena, Mont. (Thom Bridge/Independent Record via AP, File)
CourtsEmissionsNatural GasNewsOilPoliticsUtilities

Global warming can’t be ignored, Montana’s top court says, upholding landmark climate case

Montana's top court found a policy that prevented the state from considering the effect of GHGs in issuing permits for fossil fuel projects...

U.S. flag and Judge gavel are seen in this illustration taken, August 6, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
ClimateCourtsElectricityEmissionsEnvironmentFuelNewsPolitics

Montana top court says youth have right to stable climate

This was the first lawsuit to go to trial in the US by young environmental activists challenging policies they say are exacerbating climate...

FILE PHOTO: The logo of the Nord Stream 2 gas pipeline project is seen on a large diameter pipe at Chelyabinsk Pipe Rolling Plant owned by ChelPipe Group in Chelyabinsk, Russia February 26, 2020. REUTERS/Maxim Shemetov/File Photo
BusinessEconomyInfrastructureNatural GasNewsPoliticsTradeTransmission

US issues fresh sanctions related to Nord Stream 2 pipeline

The U.S. imposed new sanctions on Russian entities linked to the Nord Stream 2 pipeline, targeting its operator and associated vessels.

Damien Steel, right, Deep Sky CEO and Isabelle Callaghan, Deep Sky Project Manager, are seen posing for a photo at Deep Sky's direct air capture test facility, which is currently under construction, in Innisfail, Alta., in a 2024 handout photo. THE CANADIAN PRESS/HO-Deep Sky, *MANDATORY CREDIT*
BusinessCarbon ManagementFinanceNews

Canadian carbon removal company scores US$40M grant from fund backed by Bill Gates

The project is meant to be the world's first direct air capture carbon removal test hub and commercialization centre.

A digital render depicts what Stegra's steel mill outside Boden, Sweden will look like when completed, in this handout image obtained December 16, 2024. Stegra/Handout via REUTERS
AnalysisBiofuelsBusinessEconomyElectric Vehicles (EVs)ElectricityFinanceGreen SteelHydrogenNuclear PowerWind

Sweden’s north frets over financial risks as green boom stumbles

Sweden's local authorities seek more financial support as Northvolt's bankruptcy threatens the green industry transition.

Volunteers work to clean up spilled oil on the shoreline following an incident involving two tankers damaged in a storm in the Kerch Strait, during an emergency response operation in the Black Sea resort of Anapa, Russia, in this picture released December 18, 2024. Anapa Mayor's Office/Handout via REUTERS
BusinessClimateEmissionsEnvironmentFuelMaritimeNewsOilPoliticsRegulations

‘Oil is everywhere’: Russians tackle Black Sea spill

Around 4,000 volunteers have been cleaning beaches near the resort city of Anapa from the spill from two tankers damaged by a storm...

FILE PHOTO: LNG tanks are pictured at Tokyo Gas's LNG terminal in Sodegaura, Chiba Prefecture, Japan November 18, 2024. REUTERS/Kim Kyung-Hoon/File Photo
BusinessClimateCoalEconomyEmissionsEnvironmentInfrastructureNatural GasNewsOilPoliticsRegulationsUnited NationsUtilities

Japan’s draft climate strategy spurs calls for bolder cuts in carbon emissions

Japan's draft plan targets a 60 per cent cut in emissions by 2035, but experts call for deeper reductions to meet climate goals.

FILE PHOTO: An OPEC flag is seen on the day of OPEC+ meeting in Vienna  in Vienna, Austria October 5, 2022. REUTERS/Lisa Leutner/File Photo
BusinessEconomyNewsOilPoliticsTrade

OPEC+ wary of renewed US oil output rise under Trump, sources say

OPEC+ is concerned about rising U.S. oil output with Trump's return, fearing it will erode their market share and impact prices.

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