Tuesday, 6 May 2025

Focus on Fuel

An image of the talks' chair, Luis Vayas Valdivieso, sitting in formal wear in the middle of striking a gavel.
EnvironmentLegislationManufacturingNewsOilRegulations

US ‘disappointed’ after plastic pollution talks collapse: White House

The U.S. expressed disappointment as nations failed to reach a global plastic waste treaty, blaming a 'small group' of blockers.

Vehicles pass in front of an Exxon service station in Bethesda, Maryland, U.S., November 25, 2024. Picture taken with long exposure. REUTERS/Raphael Satter/File Photo
BusinessFuelLiquefied Petroleum GasNatural GasNewsOil

Exxon weighs sale of Singapore fuel stations for $1 billion, Bloomberg News reports

The sale could help Exxon fund higher-growth projects, with energy firms and investment funds showing early interest.

FILE PHOTO: The logo of American multinational oil and gas corporation ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessCarbon ManagementNatural GasNewsOilRegulations

Exxon talks continue on shallow-water block in Guyana auction, company says

Exxon, Hess, and CNOOC continue talks with Guyana on shallow-water block S8 amid earlier auction withdrawal confusion.

FILE PHOTO: A passenger aircraft descends to land at Heathrow Airport in London, Britain, January 5, 2022. REUTERS/Toby Melville/File Photo
AnalysisAviationEconomyEmissionsEnvironmentReportsSustainable Aviation Fuel

Airlines not switching quickly enough to green jet fuel, study says

Study finds airlines lagging on sustainable jet fuel adoption, with limited oil industry investment stalling market growth.

News ReleaseCarbon ManagementCementEmissionsNews

SLB Capturi Completes Construction of the World’s First Industrial-Scale Carbon Capture Plant at a Cement Facility

Facility will reduce emissions by up to 400,000 metric tons of CO2 annually for Heidelberg Materials ― one of the world’s largest building materials...

FILE PHOTO: Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo
BusinessEconomyLiquefied Natural GasNewsRegulationsTrade

US LNG exports to Europe surge in November on higher prices

U.S. LNG exports to Europe surged in November, with 68 per cent of shipments heading to the continent amid rising gas prices.

FILE PHOTO: A view of Duke Energy’s Marshall Power Plant in Sherrills Ford, North Carolina, U.S. November 29, 2018.  REUTERS/Chris Keane/File Photo
BusinessCoalEconomyElectricityEmissionsEnvironmentLegislationNatural GasNewsPoliticsRegulationsSolarUtilitiesWind

Duke pauses assessment of US energy loan program ahead of Trump administration

Duke Energy pauses U.S. infrastructure loan assessment, citing uncertainty over the future of IRA funding under Trump administration.

The logo of Amazon is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. REUTERS/Gonzalo Fuentes/File Photo
BusinessCarbon ManagementEmissionsEnvironmentManufacturingNewsRegulations

Amazon to pilot AI-designed material for carbon removal

Amazon will pilot AI-designed carbon-removal materials in data centers by 2025, tackling emissions from growing AI demands.

Workers facing redundancy at Grangemouth oil refinery have the ‘sought-after skills’ to work on improving Scotland’s electricity networks, ScottishPower has said (Gareth Fuller/PA)
BusinessEconomyElectricityLabourNewsOilPolitics

Grangemouth workers have ‘sought-after skills’ for power grid work, says ScottishPower

ScottishPower seeks skilled workers from Grangemouth refinery and ISG layoffs for 1,000 jobs in Scotland's grid upgrade.

FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump looks on during a press conference at Trump Tower in New York City, U.S., September 6, 2024. REUTERS/David Dee Delgado/File Photo
AnalysisBusinessEconomyOilPoliticsRegulationsTrade

Trump’s low oil price promise is a risk and a boon for emerging markets

Trump’s pledge to halve energy costs sparks hope for oil importers but threatens fiscal turmoil for producers reliant on exports.

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