Focus on Fuel
TC Energy launches South Bow Corp. as independent crude oil pipeline business
TC Energy Corp. has completed its spinoff of South Bow Corp., its crude oil pipelines business, as an independent company.
OPEC+ unlikely to change output policy at Oct. 2 panel meeting
Oil prices have fallen in 2024, pressured by concern about global demand and rising supply outside OPEC+.
TotalEnergies, APA greenlight $10 billion oil and gas project in Suriname
TotalEnergies and APA approve Suriname's Block 58, launching the country's offshore oil and gas production.
Ferrari shuts down gas-fueled plant to double solar production
Ferrari shuts down methane-fueled plant to double solar power and cut CO2 emissions by 60%.
Siemens Energy agrees to settlement with US in case over gas turbine contracts
Siemens Energy to pay $104 million in U.S. settlement over using stolen trade secrets in bids for contracts in 2019.
Is Canada’s Trans Mountain Pipeline providing an inefficient fossil fuel subsidy?
Canada's Trans Mountain Pipeline fossil fuel subsidies burden taxpayers and hinder climate goals, says a report from the IISD.
UAE oil giant ADNOC swoops on German chemicals firm Covestro
Covestro accepts ADNOC's 12 billion euros takeover bid, boosting ADNOC’s diversification while Germany's chemical sector struggles.
Scottish government urged to reject plans for new gas-fired power station
Activists urge Scotland to reject a new gas power station in Peterhead, calling it 'climate-wrecking' and unnecessary.
