Monday, 24 February 2025

Focus on Fuel

The Stratos Direct Air Capture Facility (DAC), a joint venture between Occidental Petroleum (OXY) and asset manager BlackRock, is seen in Ector County, Texas, U.S., July 28, 2024.  REUTERS/Adrees Latif/ File Photo
BusinessCarbon ManagementElectricityFuelInfrastructureNews

Earthquakes and blowouts undermine case for carbon storage in Texas

Carbon sequestration is vital to U.S. government goals to reduce emissions that cause global warming.

FILE PHOTO: Steam rises during a test from a well at the Coso geothermal field at the China Lake Naval Air Weapons Station in China Lake, California July 31, 2008. Picture taken July 31, 2008.  REUTERS/Fred Prouser/File Photo
BusinessElectricityFuelGeothermalNatural GasNewsOil

Shale drilling techniques could lead to a geothermal surge, IEA says

Geothermal is suited to providing the massive amounts of stable energy data centres require, according the the head of the IEA.

FILE PHOTO: Model of LNG tanker is seen in front of the U.S. flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
FuelLiquefied Natural GasNatural GasNews

Venture Global’s Plaquemines plant to produce first LNG ahead of controversial long commissioning

U.S. regulators gave Venture Global permission on Thursday to commission its sixth of 18 blocks at Plaquemines.

An employee works at the Chisinau-1 gas distribution plant of Moldovatransgaz energy company in Chisinau, Moldova March 4, 2023. REUTERS/Vladislav Culiomza
Natural GasNewsPolitics

Moldova declares state of emergency as risk of Russian gas cutoff looms

Moldova's parliament voted to impose a 60-day state of emergency starting Dec. 16 due to an expected cutoff of Russian gas supplies.

FILE - Pipeline used to carry crude oil sits at the Superior, Wis., terminal of Enbridge Energy, June 29, 2018. (AP Photo/Jim Mone, File)
BusinessClimateEmissionsEnvironmentIndigenousInfrastructureNatural GasNewsOilPoliticsRegulationsTransmission

Wisconsin tribe and other groups move to block pipeline reroute plans

A Wisconsin tribe and environmental groups filed a lawsuit to block Enbridge's pipeline reroute, citing environmental risks and regulatory failures.

FILE PHOTO: Wind turbines and an electrical power line are shown in Palm Springs, California, U.S., October 12, 2024. REUTERS/Mike Blake/File Photo
BusinessEconomyElectricityNatural GasNewsPoliticsReportsSolarUtilitiesWind

US power deals down 36% in last year due to political uncertainty, PwC says

U.S. power and utilities deal value fell 36 per cent in 2024 due to political uncertainty ahead of the presidential election.

FILE PHOTO: An extension of Denbury Inc's Greencore carbon pipeline is ready to be lowered into its trench, in Montana, U.S., 2021. Picture taken in 2021. Denbury/File Photo
BusinessCarbon ManagementEconomyInfrastructureNewsPolitics

Summit carbon project would be reassessed if US tax credits repealed, attorney says

Summit Carbon Solutions' CO2 pipeline project may be reassessed if U.S. tax credits for carbon capture are repealed.

Suncor Energy Inc. says it will increase oil output next year by up to five per cent and lower costs from its oilsands assets.Pipes lead to a processing unit at Suncor Fort Hills facility in Fort McMurray Alta., on September 10, 2018.THE CANADIAN PRESS/Jason Frans
BusinessClimateEconomyEmissionsEnvironmentNatural GasNewsOilTrade

Suncor to increase oil and gas output by up to five per cent in 2025

Suncor Energy plans to boost oil output by up to five per cent in 2025, targeting production of 810,000 to 840,000 barrels per...

A car waits to be filled with gasoline at a station in Point Pleasant Beach, N.J. on Thursday, Dec. 12, 2024. (AP Photo/Wayne Parry)
ClimateEmissionsFuelLegislationNatural GasNewsOilPolitics

New Jersey, home to many oil and gas producers, eyes fees to fight climate change

New Jersey's oil and natural gas facilities would be charged climate-related fees under a bill being considered in the Legislature.

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