Saturday, 1 February 2025

Focus on Fuel

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Neste has withdrawn from an investment into renewable hydrogen production at its plant in Porvoo, Finland,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

FILE PHOTO: FILE PHOTO: A person enters the JPMorgan Chase & Co. New York headquarters in Manhattan, New York City, U.S., June 30, 2022. REUTERS/Andrew Kelly/File Photo/File Photo
BusinessFuelLiquefied Natural GasNewsTrade

JPMorgan looks to resume trading physical LNG: report

JPMorgan Chase is in talks to resume trading physical LNG after more than a decade, Bloomberg News reported on Wednesday, citing people familiar...

A pair of protesters are removed from the Jacques Cartier Bridge by first responders, in Montreal, Tuesday, Oct. 22, 2024. THE CANADIAN PRESS/Christinne Musch
ClimateCoalEmissionsEnvironmentIndigenousIndustryNatural GasNewsOilPoliticsRegulations

Montreal climate protesters charged after climbing Jacques Cartier Bridge

Two activists face charges after scaling Montreal's Jacques Cartier Bridge in a climate protest, disrupting traffic.

FILE PHOTO: People sit at the Shell booth on the day of the opening of the Nigeria Oil and Gas 2022 meeting in Abuja, Nigeria July 4, 2022. REUTERS/Afolabi Sotunde/File Photo
AnalysisBusinessEconomyOilPoliticsRegulations

Analysis: Shell setback upsets Nigeria’s quest to lure investment

Nigeria's block of Shell's $2.4 billion onshore asset sale signals regulatory hurdles, deterring vital oil investments.

FILE PHOTO: A drone view of smoke from burning vegetation rising in a rainforest at the municipality of Bonfim, state of Roraima, Brazil February 28, 2024. REUTERS/Bruno Kelly/File Photo
AgricultureBiodiversityBusinessClimateCritical MineralsEnvironmentGreen SteelHydrogenIndigenousIndustryNews

Brazil launches platform to attract foreign investment for climate and ecological projects

Brazil launched a $10.8B platform at IMF meetings to fund green projects, targeting energy, industry, and nature solutions.

Sebastian Tirintica sits backdropped by solar panels in the RenewAcad training center in Petrosani, southern Romania, Friday, Oct. 11, 2024. (AP Photo/Vadim Ghirda)
AnalysisClimate FinanceCoalEconomyElectricityLabourMiningPoliticsRegulationsSolarWind

As coal plants shut in Romania, some miners transition to green energy while others are reluctant

Romania's coal workers resist retraining for green jobs despite industry decline, fearing change amid political inaction.

FILE - A liquid carbon dioxide containment unit stands outside the fabrication building of Glenwood Mason Supply Company, April 18, 2023, in the Brooklyn borough of New York. (AP Photo/John Minchillo, File)
BusinessCarbon ManagementEmissionsRegulationsReports

Carbon removal industry calls on U.S. government for regulation in new industry report

The unregulated carbon removal industry urges U.S. standards to improve transparency amid billions in new funding.

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