Sunday, 9 March 2025

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BusinessCarbon ManagementCoalEconomyEmissionsEmissions MarketsEnvironmentFinanceNewsPoliticsRegulations

New York State fund swapped coal assets for responsible index ETF

New York's State Insurance Fund reduced its carbon exposure by 40% by shifting coal assets into a responsible-investment ETF.

Chief Executive Officer of EQT Corporation Toby Rice speaks during Shale Insight 2024 held by the Marcellus Shale Coalition in Erie, Pennsylvania, U.S., September 26, 2024. REUTERS/Hannah Beier
ElectionsNatural GasPoliticsRegulations

Pennsylvania natural gas producers press Harris for answers

Pennsylvania drillers urge Kamala Harris to clarify her stance on natural gas, as election-year energy policies evolve.

FILE PHOTO: The logo of Italian energy company Eni is seen at Eni's Renewable Energy and Environmental R&D Center in Novara, Italy,  September 26, 2019.  Picture taken September 26, 2019. REUTERS/Flavio Lo Scalzo/File Photo
BiofuelsBusinessFinanceNews

Funds approach Eni for second biofuel stake sale as it readies deal with KKR, sources say

Eni is in talks to sell a 20-25% stake in its biofuel unit Enilive to KKR, while other suitors show interest.

FILE PHOTO: A U.S. flag hangs outside the New York Stock Exchange (NYSE) before the Federal Reserve announcement in New York City, U.S., September 18, 2024. REUTERS/Andrew Kelly/File Photo
BusinessEconomyFinanceNatural GasNews

Natural gas producer BKV valued at $1.56 billion in NYSE debut

Shares of BKV rose 3.1% in their NYSE debut on Thursday, giving the U.S. natural gas producer a market capitalization of $1.56 billion.

FILE PHOTO: A pumpjack brings oil to the surface  in the Monterey Shale, California, April 29, 2013. REUTERS/Lucy Nicholson
BusinessNewsOil

Shale producer Validus to buy Citizen Energy in deal worth over $2 billion: sources

Validus Energy is acquiring Citizen Energy for over $2 billion, marking its second major Mid-Continent region purchase in 2024.

FILE PHOTO: A loader is seen at the Klipfontein Colliery near Balmoral, in the Mpumalanga province, South Africa September 11, 2023. REUTERS/Siphiwe Sibeko/File Photo
AnalysisClimateCoalEconomyElectricityEmissionsEnvironmentInfrastructurePoliticsRegulationsTransmissionUtilities

Focus on coal miners, power grid as South Africa spends just sixth of climate aid

South Africa's $11.6B climate fund has spent $1.9B on grid expansion, coal transition, and green projects, sources said.

FILE PHOTO: A view of a signage with the logos of Northern Lights carbon dioxide project and other corporates, outside the facility in Oygarden, Norway October 18, 2022. REUTERS/Nora Buli/File Photo
BusinessCarbon ManagementElectricityFuelNews

Shell, Equinor, TotalEnergies open Norwegian CO2 storage facility

OSLO – Shell, Equinor and TotalEnergies said on Thursday their carbon dioxide (CO2) storage project on Norway’s west coast is now completed and...

Aerial drone view of smoke coming out of a factory chimney.
Carbon ManagementEmissionsNews

World’s first commercial CO2 storage soon ready in Norway

Norway makes progress towards opening a massive undersea vault for commercially transporting and storing carbon dioxide.

lifornia Gov. Gavin Newsom arrives at a press conference in Los Angeles, Wednesday, Sept. 25, 2024. (AP Photo/Eric Thayer)
BusinessClimateEmissionsEnvironmentLegislationNatural GasNewsOilPoliticsRegulations

California Gov. Newsom signs laws to curb oil and gas pollution near neighborhoods

Governor Newsom signed laws to cut oil pollution, empower local restrictions, and fine low-producing oil wells in California.

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