Focus on Fuel
US federal energy revenue falls 10% in 2024, but still among biggest years ever
U.S. federal revenue from energy on public lands fell 10 per cent to $16.4B, driven by softer gas prices and reduced new leasing.
Trump considering Doug Burgum as new ‘energy tsar’ to slash regulations, FT reports
President-elect Donald Trump is considering North Dakota Governor Doug Burgum to be his new "energy tsar", the Financial Times reported on Friday.
EOG Resources set to boost shareholder returns
EOG Resources plans to raise debt to $5-6 billion, enabling over 100 per cent free-cash-flow returns to shareholders while maintaining a debt-to-EBITDA ratio...
Ottawa faces potential loss if Trans Mountain pipeline sold, say advisors
The pipeline could be worth between $29.6 billion and $33.4 billion.
UN aims to set standards for scandal-hit carbon markets at COP29
Governments could finally approve new UN standards for countries and companies wanting to trade carbon credits.
NRG Energy posts Q3 core profit beat, raises annual forecast
The Houston, Texas-based utility said it now expects the 2024 adjusted profit forecast to be between $5.95 and $6.75 per share.
Scotland’s ban on wood-burning stoves in new homes scrapped
“A ban on wood-burning stoves would have had a devastating effect on our rural and island communities."
California to vote on stricter rules for low carbon fuels policy
The proposed changes would require a deeper reduction in the carbon intensity of transportation fuels by 2030.
Trump 2.0 will alter global climate fighting efforts. Will others step up?
A second Trump term could further isolate the U.S. from global climate action, risking setbacks as world powers adapt to fill the void.
LanzaTech Reports Third-Quarter 2024 Financial Results, Updates 2024 Outlook, and Expands Business Model to Accelerate Revenue Growth
Company expands technology licensing business model to incorporate incremental participation in biorefining value chain as demonstrated by entering into ethanol off-take agreement with...
