Saturday, 1 February 2025

Focus on Fuel

FILE PHOTO: U.S. President Donald Trump greets Harold Hamm after he was introduced by Hamm at the Shale Insight 2019 Conference in Pittsburgh, Pennsylvania, U.S., October 23, 2019. REUTERS/Leah Millis/File Photo
BusinessCarbon ManagementClimate FinanceEconomyElectionsLegislationNewsPolitics

Trump hates Biden’s climate law. His allies are making money from it

Donald Trump promises to cut Biden's climate subsidies if elected. Yet many of his allies benefit from them through clean energy investments.

BusinessEconomyHydrogenNewsOilPolitics

Cepsa to delay $3.3 billion hydrogen projects if Spain’s windfall tax made permanent

Oil companies have been among the most vocal critics of Spain's windfall tax, which has also drawn criticism from utility companies such as...

Silhouette of natural gas equipment against a sunset background.
BusinessLiquefied Natural GasNatural GasNews

Natural gas producers await LNG Canada’s start, but will it be the fix for prices?

Western Canada’s natural gas producers face low prices, hoping LNG Canada's 2024 launch will drive an increase.

The logo of Italian energy company Eni is seen at a gas station in Rome, Italy August 16, 2018.  REUTERS/Max Rossi/ File Photo
BusinessFinanceFuelNatural GasNewsOil

Italy’s Eni to boost buyback after quarterly earnings beat expectations

Eni will increase its share buyback programme to 2 billion euros, it said on Friday, after beating third-quarter profit expectations.

Climate activists disrupt a speech by Donald Trump in Indianola, Iowa (AFP)
AnalysisBusinessClimateElectionsElectric Vehicles (EVs)EmissionsNatural GasOilPolitics

Trump vs Harris: Competing visions for a warming world

Trump and Harris offer starkly different climate visions, with Trump's "drill" policies clashing against Harris' green energy support.

British Prime Minister Keir Starmer, left, and Australian Prime Minister Anthony Albanese react during the opening ceremony for the Commonwealth Heads of Government meeting in Apia, Samoa, Friday, Oct. 25, 2024. (AP Photo/Rick Rycroft/Pool)
BiodiversityClimateElectricityEmissionsEnvironmentHydrogenIndigenousNewsOffshore WindPoliticsRegulations

Australia and UK make pact to partner on 2050 net-zero climate goal

Australia and the U.K. deepen ties with a climate and energy pact, aiming for net-zero by 2050, and reaffirm AUKUS submarine plans.

FILE PHOTO: A Volkswagen logo is seen on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)Liquefied Petroleum GasManufacturingNewsOilRegulations

VW’s Scout Motors unit will offer EV SUVs, trucks with gas engine option

Volkswagen's Scout Motors unveiled electric SUV and truck concepts with up to 500-mile range, adding gas engines for extended range.

The logo of Australia's biggest independent coal miner Whitehaven Coal Ltd is displayed on their office building located in the north-western New South Wales town of Gunnedah in Australia, August 15, 2017. Picture taken August 15, 2017.    REUTERS/David Gray
BusinessCoalFinanceMiningNews

Australia’s Whitehaven Coal jumps on price outlook, output beat

Whitehaven Coal's Q3 output beat forecasts at 9.7M tons, boosting shares 7.8 per cent amid optimism on metallurgical coal prices.

FILE PHOTO: A view of the Exxon Mobil refinery in Baytown, Texas September 15, 2008. REUTERS/Jessica Rinaldi/File Photo
BusinessConstructionIndustryLiquefied Natural GasNewsRegulations

Exxon Mobil, Qatar get three-year extension to build Texas LNG plant

Exxon Mobil and Qatar Energy's Golden Pass LNG project gets a 3-year extension after lead contractor Zachry Holdings' bankruptcy.

FILE PHOTO: The logo for Valero Energy Corporation is shown at a Valero gas station in Encinitas, California, U.S., May 2, 2016.  REUTERS/Mike Blake/File Photo
BusinessEconomyFinanceFuelLiquefied Petroleum GasNewsOil

Valero Energy quarterly profit plunges on weak refining margins

Valero Energy's profit slumped 86 per cent on lower refining margins, but beat expectations with $1.14/share vs. analysts' 98 cents estimate.

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