Focus on Fuel
‘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.
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.
