Focus on Fuel
German economy minister urges quick end to Thyssenkrupp steel crisis
BERLIN (Reuters) – Thyssenkrupp must quickly fix the crisis surrounding at its steel unit, including creating clarity around a 3 billion euro ($3.3...
Siemens files lawsuit in Texas against Citgo Petroleum parent
Siemens Energy sues Citgo's parent, PDV Holding, for $200M over a Venezuelan promissory note default amid Citgo share auction.
Carbon removal no solution if world overshoots warming target, scientists say
Scientists warn even large-scale CO2 removal won't prevent climate catastrophe as global temperatures near a 1.5C rise.
Lloyd’s of London must stop supporting fossil fuel expansion, says NGO
The Lloyd's of London market is undermining climate action and should impose binding rules to prevent insurers supporting fossil fuel expansion, NGO Reclaim...
‘Carbon contracts for difference’ are not a silver bullet for climate action
Canadian climate policies appear fragile — could carbon contracts for difference secure long-term climate action and investments?
Can carbon credits help close coal plants?
A Philippine coal plant could close early by converting to renewables, funded through carbon credits to cut emissions.
Woodside completes $1.2 billion Tellurian acquisition
Woodside Energy said on Wednesday it has completed the acquisition of U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast LNG...
Global energy-related CO2 emissions set to peak this year, consultancy DNV says
Global CO2 emissions from energy may peak in 2023, driven by cheaper solar and batteries, but slow declines risk 2.2C warming.
EPA reaches $4.2M settlement over 2019 explosion, fire at major Philadelphia refinery
The EPA reaches a $4.2M settlement with a refinery firm after a 2019 explosion in Philadelphia; public comments await final approval.
Trader Vitol sells Venezuelan oil to Indian refiners, sources say
Indian refiners buy two million barrels of Venezuelan crude for November delivery, resuming imports amid U.S. sanctions relief.
