Monday, 10 March 2025

Focus on Fuel

FILE PHOTO: Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil in Carson, California, U.S., March 11, 2022. REUTERS/Bing Guan/File Photo
BusinessFuelNewsOil

Oil slips for first day in three ahead of Fed decision

Oil prices fall despite US inventories increase, with tensions in the Middle East and potential US interest rate cut looming over markets.

A rainbow appears to come down on pumpjacks drawing out oil and gas from wells near Calgary, Alta., Monday, Sept. 18, 2023. Observers are criticizing Alberta Energy Minister Brian Jean's suggestions on how the province might clean up its thousands of abandoned oil wells, saying they favour industry and lack input from the public. THE CANADIAN PRESS/Jeff McIntosh
EconomyEnvironmentLegislationNewsOilPoliticsRegulations

Critics slam Alberta oil well clean up suggestion for favoring industry, lacking public input

Critics say Alberta's oil well cleanup plan favors industry, lacks public input, and may use public funds unfairly.

People gather outside American University of Beirut Medical Center (AUBMC) as more than 1,000 people, including Hezbollah fighters and medics, were wounded when the pagers they use to communicate exploded across Lebanon, according to a security source, in Beirut, Lebanon September 17, 2024. REUTERS/Mohamed Azakir
BusinessElectionsEnvironmentIndustryNatural GasNewsOilPolitics

Energy execs say they believe VP Kamala Harris is indeed open to fracking

Top natural gas executives say they trust Kamala Harris's pledge to keep fracking, citing energy price concerns.

FILE PHOTO: The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020.  REUTERS/Adrees Latif/File Photo
BusinessEconomyNewsOilPolitics

US to seek six million barrels of oil for reserve, amid low oil price

The Biden administration will buy up to 6 million barrels of oil for the SPR, replenishing after a 2022 sale.

News ReleaseCarbon ManagementEmissions MarketsVoluntary Carbon Markets (VCMs)

Verra Inactivates UNFCCC CDM Sulfur Hexafluoride Replacement Methodology

17 Sept 2024 Verra has permanently inactivated the use of UNFCCC CDM methodology AM0065: Replacement of SF6 with alternate cover gas in the magnesium...

FILE - A massive pipeline fire burns after a vehicle drove through a fence along a parking lot and struck an above-ground valve near Spencer Highway and Summerton on Monday, Sept. 16, 2024, in La Porte, Texas. (Brett Coomer/Houston Chronicle via AP)
EnvironmentInfrastructureNatural GasNewsTransmission

Flame from furious pipeline fire near Houston subsides but continues burning

A pipeline explosion in Deer Park, Texas, caused by a vehicle striking an above-ground valve, led to a fire, evacuation, and ongoing investigations.

FILE PHOTO: A sign of Citgo Petroleum is seen at its headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura/File Photo
BusinessEconomyNewsOilPolitics

Venezuela seeks 4-month pause in auction of shares in Citgo parent

Venezuela's lawyers requested a four-month pause on a U.S. court-ordered auction of Citgo shares, citing political turmoil.

Chevron CEO Michael Wirth gives the keynote address as top energy executives and ministers meet in Houston for the annual Gastech conference in Houston, Texas, U.S., September 17, 2024. REUTERS/Callaghan O'Hare
BusinessNatural GasNewsOilPolitics

Chevron CEO hits Biden’s natural gas policies, says fuel is crucial for AI

Chevron CEO Michael Wirth criticized President Biden’s policies as "attacks on natural gas,” urging support for gas in AI growth.

AnalysisBuildingsCoalContracts for DifferenceElectricityEmissionsPoliticsReportsSolarTransportWind

What can the global energy transition learn from the UK experience?

An IEA review of how the United Kingdom is doing in its efforts to reach net-zero emissions contains valuable insights for the global...

News ReleaseHydrogenMarine

Amogy, HD KSOE, POSCO Holdings, SNU, and ABS Team Up to Pioneer Offshore Ammonia Cracking Solution

September 17 2024 BROOKLYN, N.Y.--(BUSINESS WIRE)--Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, has announced a strategic partnership with HD Korea...

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