Saturday, 1 February 2025

Focus on Fuel

FILE PHOTO: Logo of British Petrol BP is seen e at petrol station in Pienkow, Poland, June 8, 2022. REUTERS/Kacper Pempel/File Photo
BiofuelsBusinessElectricityHydrogenNatural GasNewsOffshore WindOilSolarWind

BP weighs sale of minority stake in offshore wind business, sources say

BP paused investments in new offshore wind projects, Reuters reported in June. Last month, BP said it plans to sell its U.S. onshore...

FILE PHOTO: The logo of Houston-based liquefied natural gas company Cheniere seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
Liquefied Natural GasNewsTrade

Cheniere Energy moves closer to starting new Texas LNG export operation

Cheniere Energy receives federal approval to advance its Corpus Christi LNG expansion, aiming for first output by year-end.

News ReleaseAviationBiofuelsNewsSustainable Aviation Fuel

Unable to get its cosmetics plant project financed, Global Bioenergies is now focusing all its efforts on SAF opportunities

PRESS RELEASE Unable to get its cosmetics plant project financed, Global Bioenergies is now focusing all its efforts on SAF opportunities Evry, 17 October...

FILE PHOTO: A plane is seen during take off in New Jersey behind the Statue of Liberty in New York's Harbor as seen from the Brooklyn borough of New York February 20, 2016. REUTERS/Brendan McDermid/File Photo
AviationBiofuelsBusinessFuelNewsSustainable Aviation Fuel

US offers conditional loan guarantees worth about $3 billion for two sustainable aviation fuel projects

The U.S. expects domestic production of biofuels to increase by about 50 per cent in 2024, led by rising SAF production.

Ministers should consider raising taxes on petrol and diesel cars to reduce the ‘premium’ associated with electric vehicle (EV) purchases, an economic think thank said (Jacob King/PA)
BusinessEconomyElectric Vehicles (EVs)EmissionsFuelLiquefied Petroleum GasOilRegulationsReports

Raise taxes on petrol and diesel cars to reduce electric ‘premium’: UK think tank

Resolution Foundation urges tax hikes on petrol cars and EV charge cuts to close the price gap and boost electric vehicle adoption.

News ReleaseBiofuelsNewsSustainable Aviation Fuel

Gevo Secures Conditional Commitment from U.S. Department of Energy Loan Programs Office for its Net-Zero 1 Sustainable Aviation Fuel Plant in South Dakota

This conditional commitment signals the strength of the project to finance the world’s first large-scale net-zero-emissions alcohol-to-jet production facility ENGLEWOOD, Colo., Oct. 16,...

FILE PHOTO: The headquarters of U.S. energy exporter and pipeline operator Kinder Morgan Inc. is seen in Houston, Texas, U.S. September 27, 2020. REUTERS/Gary McWilliams/File Photo
BusinessEconomyInfrastructureNatural GasNewsOilTransmission

Kinder Morgan misses quarterly profit estimates on weak prices, crude volumes

Kinder Morgan Q3 profit misses estimates due to weaker commodity prices and lower crude volumes; natural gas transport rose two per cent.

The Supreme Court is seen on Monday, Oct. 7, 2024, in Washington. (AP Photo/Mariam Zuhaib)
ClimateCoalCourtsElectricityEmissionsNewsPoliticsRegulations

US Supreme Court allows rule limiting pollution from coal-fired power plants to remain in effect

The rule requires many coal-fired power plants to capture 90 per cent of their carbon emissions or shut down within eight years.

A pumpjack operates in the foreground while wind turbines at the Buckeye Wind Energy wind farm work in the distance, Monday, Sept. 30, 2024, near Hays, Kan. (AP Photo/Charlie Riedel)
AnalysisBusinessElectric Vehicles (EVs)ElectricityOilReportsSolarWind

Shift toward EVs, particularly in China, could disrupt global oil market: IEA

Rising electric vehicle adoption, especially in China, could cut oil demand by six million barrels daily by 2030, IEA report says.

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