Monday, 10 March 2025

Focus on Fuel

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.

Cenovus Energy Inc. reported its third-quarter profit fell compared with a year as its revenue edged lower.The Cenovus Christina Lake oilsands facility steam-assisted gravity drainage pad southeast of Fort McMurray, Alta., is shown on Wednesday, April 24, 2024. THE CANADIAN PRESS/Amber Bracke
BusinessFuelNewsOil

Cenovus Energy reports $820M Q3 profit, down from $1.86B a year ago

The Canadian oil and gas company's profits took a $1 billion hit year-on-year.

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
BusinessFuelLiquefied Natural GasNewsTrade

US LNG exports to rise at smallest pace since 2016

The dollar value of U.S. LNG exports peaked at $47.33 billion in 2022, when prices skyrocketed after Russia's invasion of Ukraine.

Plants are displayed at the booth of American exploration and production of oil and natural gas company ConocoPhillips during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessNatural GasNewsOil

ConocoPhillips reports Q3 profit beat, hikes production forecast

ConocoPhillips beats Q3 profit estimates, raises full-year output forecast, and increases buyback authorization by $20 billion.

Veren Inc. logo is shown in a handout. The company
reported a profit of $277.2 million in its latest quarter compared with a loss a year earlier. THE CANADIAN PRESS/HO
BusinessFuelNewsOil

Veren reports $277.2-million third-quarter profit, trims 2024 production guidance

CALGARY — Oil producer Veren Inc. saw its share price plunge by more than 14 per cent on Thursday, on news that the...

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