Monday, 10 March 2025

Focus on Fuel

Premier Danielle Smith says Alberta has applied for a judicial review of Ottawa's exemption of the carbon levy on home heating oil. Smith speaks to reporters during meetings with Canada's other premiers at the Council of the Federation in Halifax on Tuesday, July 16, 2024. THE CANADIAN PRESS/Darren Calabrese
Carbon ManagementCourtsEmissionsEmissions MarketsNatural GasNewsOilPoliticsRegulations

Alberta applies for judicial review of federal carbon price, calls it unfair

Premier Danielle Smith says Alberta has applied for a judicial review of Ottawa's exemption of the carbon levy on home heating oil.

FILE PHOTO: A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, as a 1.5MW GE wind turbine from the Desert Sky Wind Farm is seen in the distance, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo
AnalysisElectionsElectric Vehicles (EVs)ElectricityEmissionsFuelLiquefied Natural GasNatural GasOffshore WindOilPoliticsSolarWind

How do Trump and Harris differ on energy policy?

Trump and Harris both seek to expand U.S. energy production, but differ sharply on methods, with Harris favoring clean energy.

FILE PHOTO: A view of the state oil company Pemex's Olmeca refinery in Dos Bocas, Paraiso, Mexico June 21, 2024. REUTERS/Luis Manuel Lopez/File Photo
BusinessEconomyNewsOil

Mexico’s Pemex posts wider third-quarter loss of $8.2 billion

Pemex has reported a deeper 161.3 billion peso ($8.2 billion) third-quarter net loss, according to a filing with the Mexican stock exchange.

Developers have suspended oil extraction at the Horse Hill site in Surrey four months after the Supreme Court quashed its planning permission (Gareth Fuller/PA)
CourtsInfrastructureNewsOil

Developers stop oil drilling in Surrey amid legal row after UK Supreme Court ruling

Developers have suspended oil extraction at a site in Surrey four months after the Supreme Court quashed its planning permission.

FILE PHOTO: A United Steelworkers flag is seen in this file photo. REUTERS/Rebecca Cook/File Photp
BusinessGreen SteelIndustryInfrastructureLabourManufacturingOil

US Steelworkers union looks to clean energy to replace job losses at oil refineries

USW aims to grow membership with 17,000 new jobs from clean energy projects despite potential Trump challenges.

FILE PHOTO: Storage tanks for crude oil, gasoline, diesel, and other refined petroleum products are seen at the Kinder Morgan Terminal, viewed from the Phillips 66 Company's Los Angeles Refinery in Carson, California, U.S., March 11, 2022. REUTERS/Bing Guan/File Photo
BusinessIndustryInfrastructureNatural GasNewsOilTransmission

Refiner Phillips 66 reports lower third-quarter profit on weak fuel demand

Phillips 66 exceeded profit forecasts in Q3, driven by strong chemicals and midstream performance, despite declining refining margins

FILE PHOTO: A general view of the Tata Steel factory, where the producer presents two installations which, the company expects, will ensure fewer emissions, in IJmuiden, Netherlands, January 25, 2024. REUTERS/Piroschka van de Wouw/File Photo
BusinessClimate FinanceElectricityEmissionsNatural GasNewsSolarWind

Net zero target needs $3.5 trillion in annual green energy investment, Wood Mackenzie says

Investment in the green energy transition must double to meet the Paris Agreement's net zero goal by 2050, says Wood Mackenzie.

An image of oil production equipment, including drilling rigs and storage tanks, set against a clear sky.
BusinessElectric Vehicles (EVs)NewsOil

World Bank expects oil glut to cause commodity price slump

The World Bank predicts global commodity prices will hit a five-year low next year due to an oil glut and flat demand from...

AgricultureAnalysisCarbon ManagementEmissions

Spreading crushed rock over farmland can remove CO2 from the atmosphere if we do it right

Enhanced rock weathering could significantly boost CO2 removal from the atmosphere, but accurate measurement methods are essential.

Belgium's energy island will host transformers and other high-voltage equipment (AFP)
AnalysisBusinessElectricityNatural GasNuclear PowerOffshore WindOilWind

World’s first green energy island sails into cost storm

Belgium's energy island project for offshore wind faces costs soaring to seven billion euros, sparking calls to halt amid political pushback.

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