Saturday, 22 February 2025

Focus on Fuel

FILE - A drill rig stands at a Fervo Energy geothermal site near Milford, Utah, Nov. 26, 2023. (AP Photo/Ellen Schmidt, File)
ElectricityGeothermalNatural GasNewsOilPolitics

With Trump pivot back to pro-oil and gas policies, one renewable energy finds favor

As promised, President Donald Trump began reversing the country’s energy policies his first day in office with a spate of orders largely favoring...

FILE PHOTO: European Commission Executive Vice-President Valdis Dombrovskis attends the U.S.-EU Trade and Technology Council in Leuven, Belgium April 5, 2024.  REUTERS/Johanna Geron/Pool/File Photo
EconomyElectricityFuelNewsPolitics

EU open to US energy, arm sales talks to stave off tariffs

By Marta Fiorin and Cecile Mantovani DAVOS, Switzerland (Reuters) – The European Union is open to discussing purchases of energy and arms from...

The poll found Scots would rather oil and gas came from the UK than from abroad (PA)
BusinessEconomyNatural GasNewsOilPolitics

Most Scots want more North Sea oil and gas to meet energy needs, poll finds

More than seven in 10 Scots back drilling in the North Sea to reduce the country’s reliance on foreign imports, a survey has...

US President Donald Trump seeks to increase US oil production under his administration -- such as at this refinery in Detroit, Michigan -- but he may face challenges outside of his control (AFP)
AnalysisBusinessNatural GasOil

Trump push to ‘drill, baby, drill’ may hit industry roadblock

President Donald Trump wants to boost US oil production, pledging to bring costs down as he returned to office this week — but...

FILE PHOTO: A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/File photo
BusinessNewsOil

Oil prices extend losses on uncertainty over Trump tariff impact

By Nicole Jao NEW YORK (Reuters) -Oil fell 1% on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring...

FILE - Wind turbines spin at the Klettwitz Nord solar energy park near Klettwitz, Germany, Oct. 15, 2024. (AP Photo/Matthias Schrader, File)
ElectricityFuelNewsPolitics

Europe posts record year for clean energy use as Trump pulls US toward fossil fuels

A record 47% of the European Union’s electricity now comes from solar and other renewables, a report Thursday said, in yet another sign...

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
BusinessEconomyLiquefied Natural GasNewsPolitics

US extends comment deadline on Biden-era LNG study to protect approvals

WASHINGTON (Reuters) – The U.S. has extended the comment period on a federal study of the economic and environmental impacts of the booming...

FILE PHOTO: The headquarters of U.S. energy exporter and pipeline operator Kinder Morgan Inc. is seen in Houston, Texas, U.S. September 27, 2020. REUTERS/Gary McWilliams/File Photo
BusinessEconomyInfrastructureNatural GasNewsOil

Pipeline operator Kinder Morgan misses estimates for fourth-quarter profit

By Vallari Srivastava (Reuters) – U.S. pipeline operator Kinder Morgan said on Wednesday it remains bullish on growth in demand for natural gas...

The entrance to oilfield service provider SLB's office in Houston, Texas, showing the former Schlumberger's new name and logo, is seen in this handout image taken June 2023. Courtesy of SLB/Handout via REUTERS
BusinessNewsOil

SLB’s Russian assets valued at $600 million in 2024, unchanged from 2023

(Reuters) – Top U.S. oilfield services company SLB said its net assets in Russia amounted to about $600 million at the end of...

FILE PHOTO: A general view of the Lyondell-Basell refinery in Houston, Texas February 1, 2015. REUTERS/Richard Carson/File Photo
BusinessEconomyNewsOil

Lyondell to begin closure of Houston refinery this weekend, sources say

By Erwin Seba HOUSTON (Reuters) -LyondellBasell Industries will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend, said people...

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