Monday, 10 March 2025

Focus on Fuel

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.

AnalysisCarbon ManagementEmissionsLegislationRegulations

How are countries reporting progress toward net-zero commitments?

Countries with net-zero targets but no tracking system should engage peers to learn from their experiences and share best practices.

A view of the Neste logo at the Neste refinery located in Tuas South, Singapore May 16, 2023. REUTERS/Caroline Chia/ File Photo
BiofuelsBusinessHydrogenNewsOilSustainable Aviation Fuel

Finland’s Neste scraps investment in renewable hydrogen in tough biofuel market

Neste has withdrawn from an investment into renewable hydrogen production at its plant in Porvoo, Finland,

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

KKR to take 25% stake in Eni’s biofuel unit for 2.9 billion euros

KKR is acquiring a 25 per cent stake in Eni’s biofuel unit Enilive for 2.94 billion euros, valuing it at 11.75 billion euros.

A view of Equinor's LNG facility in Melkoeya, outside Hammerfest, Norway January 31, 2023. Ole Berg-Rusten/NTB via REUTERS/ File Photo
BusinessElectricityFuelNatural GasNewsOilWind

Equinor eyes lower spending on renewables after Orsted transaction

Equinor may cut renewable investments by 2030 after buying a $2.5B stake in Orsted, citing better access to wind assets.

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