Monday, 10 March 2025

Focus on Fuel

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.

News ReleaseCarbon ManagementEmissions MarketsVoluntary Carbon Markets (VCMs)

Verra Releases Methodology Change and Requantification Procedure

16 October 2024 Verra has launched the Methodology Change and Requantification Procedure (PDF). This new procedure enables projects registered in the Verified Carbon Standard (VCS)...

Alberta Premier Danielle Smith speaks to reporters on the sidelines of the Canada Strong and Free Network event in Ottawa, on Friday, April 12, 2024. Alberta's government has launched a national ad campaign targeting the federal government's incoming emissions cap for the oil and gas sector. THE CANADIAN PRESS/Spencer Colby
BusinessEconomyNatural GasNewsOilPoliticsRegulations

Alberta govt launches $7M ad campaign against incoming federal emissions cap

The province's $7-million campaign claims federal regulations would make "groceries, gas and all of life’s necessities even more expensive."

FILE PHOTO: A sign of Citgo Petroleum is seen at its headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura/File Photo
BusinessNewsOil

ConocoPhillips seeks to keep priority as creditor in Citgo auction

ConocoPhillips seeks to preserve top priority among Citgo creditors in share auction to recover $21.3B for Venezuela's debts.

News ReleaseCarbon ManagementLiquefied Natural GasNatural GasVoluntary Carbon Markets (VCMs)

Novatek Registers its First Climate Project with Russian Carbon Units Registry

Moscow, 15 October 2024. PAO NOVATEK (“NOVATEK” and/or the “Company”) announced today that its subsidiary, NOVATEK-YURKHAROVNEFTEGAS, has registered a technology-based climate project located at...

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