Focus on Fuel
Arbitration rules in favour of BP as sole buyer of Kosmos Energy’s Senegal LNG project
Kosmos Energy is barred from third-party LNG sales in the GTA project after a Paris arbitrator ruled in favor of BP.
US power use forecast to reach record highs in 2024 and 2025, EIA says
U.S. power consumption is projected to hit record highs in 2024 and 2025 due to growing AI, data center, and electrification demand.
Brazil’s Potencial to invest $109 million to turn biodiesel plant into world’s largest
Grupo Potencial invests 600 million reais to expand biodiesel output, making its plant the largest soy-based biofuel facility globally.
Denmark postpones green hydrogen transmission roll-out to Germany to 2031
Denmark delays green hydrogen pipeline rollout to Germany by three years, says the country's energy ministry on Tuesday.
More emissions accountability needed in Toronto’s financial sector: report
Toronto's financial sector vastly under-reports its emissions, a new study finds, urging the city to encourage stronger reductions.
UK govt faces criticism for £22 billion spend on carbon capture projects
The UK government faces criticism for spending £22 billion on carbon capture projects while means-testing winter fuel allowances.
Equinor buys 9.8% stake in wind developer Ørsted
The investment makes Equinor the second largest shareholder in Ørsted after the Danish government.
Scottish government calls to reverse decision to axe fuel insecurity fund
The fund, left out of this year’s budget, previously supported the most vulnerable households through winter.
Canadian Natural Resources buys Chevron’s Alberta assets for US$6.5B
Canadian Natural Resources to acquire Chevron's oil sands and shale assets, boosting its stake and cash flow in Alberta.
Does hydrogen need a passport? The case for global standards for sustainable fuels
A report from the IEA stresses the need for unified global standards in biofuels and hydrogen to better track, and drive, progress on...
