Saturday, 1 February 2025

Focus on Fuel

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 31, 2024.    REUTERS/Staff/File Photo
BusinessFinanceNewsOil

European stocks climb on energy boost; headed for weekly losses

European shares rose on energy stock gains but faced a weekly decline as U.S. election uncertainty fueled safe-haven asset demand.

Despite a historic pledge made at the COP28 climate summit, countries are still planning to expand fossil fuel production (AFP)
AnalysisClimateClimate FinanceCoalElectricityEmissionsNatural GasOilPoliticsSolarWind

‘Waiting in vain’: year on from pledge, world clings to fossil fuels

One year after COP28's fossil fuel pledge, nations push oil and gas expansions, drawing criticism ahead of COP29 climate talks.

The CHS oil refinery is silhouetted against the setting sun Saturday, Sept. 28, 2024, in McPherson, Kan. (AP Photo/Charlie Riedel)
AnalysisClimateEmissionsEnvironmentNatural GasOilRegulations

World may be merely scratching the surface on the scope of climate-changing methane emissions

GHGSat found 20K super-emitters in 2023, showing rising methane emissions from oil, gas, mining, and waste.

FILE PHOTO: Coterra Energy's logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNatural GasNewsOil

Coterra Energy posts lower quarterly profit

U.S. oil and gas producer Coterra Energy posted a 22 per cent decline in third-quarter profit on Thursday, hurt by weak prices of...

News ReleaseHydrogenNuclear Power

AtkinsRéalis Signs Service Agreement with Canadian Nuclear Safety Commission to Accept CANDU MONARK into Special Project

Montreal: October 31, 2024 – Candu Energy Inc., an AtkinsRéalis company [AtkinsRéalis Group Inc.] (TSX: ATRL) and original equipment manufacturer of CANDU® technology, announces...

The logo for Carlyle is seen at the company’s offices in New York City, U.S., June 28, 2022.  REUTERS/Brendan McDermid/File Photo
BusinessNatural GasNewsOil

Carlyle sells holding in Tunisia-focused Mazarine Energy to CEO

Carlyle exits Mazarine Energy, selling majority stake to CEO van Kersbergen for continued growth in Europe and Africa.

FILE PHOTO: Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo
BusinessEconomyNatural GasNewsOil

US oil output hits monthly record high in August, EIA says

US oil production rose 1.5 per cent in August to a monthly record high of 13.4 million bpd, the Energy Information Administration said.

FILE PHOTO: A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 13, 2023. REUTERS/Chris Helgren/File Photo
BusinessFuelLiquefied Natural GasNews

Woodside and Tokyo Gas in discussions over stake in US LNG project

Tokyo Gas is in talks with Woodside Energy over taking a stake in a multi-billion-dollar Louisiana liquefied natural gas export project

Net greenhouse gas emissions in the EU last year were 37 percent below 1990 levels, even though GDP grew by 68 percent over the same period, data showed (AFP)
ClimateCoalEmissionsEnvironmentNewsSolarWind

EU greenhouse gas emissions saw ‘huge’ drop in 2023

The EU saw an eight per cent drop in GHG emissions in 2023 due to rising renewables, but urgent action is needed to...

Members of the media stand in front a hydrogen-powered Artic truck at the booth of U.S. truckmaker Nikola at the IAA Transportation fair, which will open its doors to the public on September 20, 2022, in Hanover, Germany, September 19, 2022. REUTERS/Fabian Bimmer/File Photo
AutomotiveBusinessElectric Vehicles (EVs)HydrogenNewsTransport

EV maker Nikola posts bigger-than-expected quarterly loss, shares fall

The EV maker's shares plunged 5% on the news that it had fallen over $10 million short of revenue expectations.

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