Sunday, 9 March 2025

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The Bay Street financial district is shown in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette
BusinessCarbon ManagementEconomyEmissionsEmissions MarketsFinanceLegislationNewsRegulationsReports

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.

Prime Minister Sir Keir Starmer announcing £22 billion spend on carbon capture and storage projects (Darren Staples/PA)
Carbon ManagementNewsPolitics

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.

FILE PHOTO: A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little//File Photo
BusinessElectricityFuelIndustryInfrastructureNatural GasNewsOilSolarStorageWind

Equinor buys 9.8% stake in wind developer Ørsted

The investment makes Equinor the second largest shareholder in Ørsted after the Danish government.

An elderly person's hand adjusts a home thermometer.
FuelLabourLegislationNews

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.

dian Natural Resources Ltd. logo is shown in a handout. Canadian Natural Resources Ltd. has signed a deal to buy Chevron Canada Ltd.'s interests in the Athabasca Oil Sands Project and Duvernay shale for US$6.5 billion. THE CANADIAN PRESS/HO
BusinessNatural GasNewsOil

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.

AnalysisBiofuelsEconomyEmissionsFuelHydrogenRegulationsReportsSustainable Aviation FuelTrade

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...

Steel coils are waiting for delivery at the storage and distribution facility of German steel maker ThyssenKrupp in Duisburg, Germany, November 16, 2023.     REUTERS/Wolfgang Rattay/File Photo
Green SteelHydrogenManufacturingNews

Germany’s Thyssenkrupp reviews plans for green steel production

Thyssenkrupp rethinks its green steel plans, citing potential changes to its hydrogen-based decarbonization project.

Vehicles drive past a BP petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo
BusinessNatural GasNewsOil

BP drops oil output target in strategy reset: sources

Murray Auchincloss, the Canadian CEO of BP, is scaling back the firm's energy transition strategy to regain investor confidence, sources tell Reuters.

AnalysisCarbon ManagementEconomyElectric Vehicles (EVs)ElectricityNuclear PowerSolarStorageWind

China leads the net zero transition – here’s what we can learn from its progress in Beijing and Hong Kong

China leads the global clean energy race, outspending the US and Europe tenfold and dominating solar, wind, and battery production.

FILE PHOTO: An exhibition booth of Tellurian is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. Picture taken May 23, 2022. REUTERS/Florence Tan/File Photo
BusinessFuelLiquefied Natural GasNatural GasNewsRegulations

Tellurian shareholders vote for proposed $1.2 billion Woodside deal

Tellurian shareholders back Woodside's $1.2B buyout, aiming to resolve financial hurdles for U.S. Driftwood LNG project expansion.

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