Friday, 24 January 2025

Focus on Infrastructure

FILE PHOTO: A drone view of three berths able to load vessels with oil is seen after their construction at Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, British Columbia, Canada, April 26, 2024. REUTERS/Chris Helgren/File Photo
BusinessFuelInfrastructureNewsOil

Trans Mountain oil pipeline just shy of target for first-month loadings

Total crude exports from Vancouver were around 350,000 barrels per day.

Students of Excellent Moral School attempt to answer a mathematics question on a blackboard inside a dimly lit classroom in Ibadan, Nigeria, Tuesday, May 28, 2024. The lack of reliable electricity severely affects education and businesses in Nigeria. (AP Photo/Sunday Alamba)
AnalysisElectricityInfrastructureNatural GasPoliticsSolar

Millions in Nigeria have little to no electricity. It’s straining businesses and public services

Half of Nigeria's population has insufficient access to electricity, and many rural communities are off the grid entirely.

Crews repair a water main break in Calgary, Saturday, June 22, 2024. Calgary's mayor says residents have blown past the recommended daily threshold of water usage set to keep water service going. THE CANADIAN PRESS/Jeff McIntosh
EnvironmentInfrastructureNewsResiliencyTransmissionUtilities

Calgary water shortage: Mayor says residents not conserving enough

Jyoti Gondek said Calgarians blew past the daily threshold the city set to maintain water service.

FILE - In this June 8, 2017, file photo, fresh nuts, bolts and fittings are ready to be added to the east leg of the pipeline near St. Ignace, Mich., as Enbridge prepares to test the east and west sides of the Line 5 pipeline under the Straits of Mackinac in Mackinaw City, Mich. Environmentalists are challenging Michigan regulators' decision to approve encasing part of an aging Enbridge Energy oil pipeline that runs beneath a channel connecting two Great Lakes, arguing that they failed to properly consider alternatives that would minimize climate impacts. (Dale G Young/Detroit News via AP, File)
ClimateInfrastructureNewsOilRegulations

Environmentalists appeal Michigan regulators’ approval of Enbridge Energy oil pipeline tunnel project

Environmentalists say regulators failed to properly consider alternatives that would minimize climate impacts.

FILE PHOTO: A man walks past the logo of Spanish oil major Repsol outside its headquarters in Madrid, Spain, December 26, 2023. REUTERS/Susana Vera/File Photo
BusinessFinanceFuelInfrastructureLiquefied Natural GasNewsOilPoliticsRegulationsUtilities

Repsol in talks to merge UK North Sea operations with NEO, sources say

Spain's Repsol is in talks to merge its UK North Sea oil and gas business with private equity-backed NEO Energy, three industry sources...

BusinessClimateEconomyEfficiencyFinanceNews

Invesco launches US climate-focused ETF with $1.6 billion in Finnish funding

The ETF aims to combine environmental considerations with competitive returns, targeting companies committed to reducing emissions.

FILE PHOTO: A general view of electric lines as demand for power surges during a period of hot weather in Houston, Texas, U.S. June 27, 2023. REUTERS/Callaghan O’Hare/File Photo
ClimateElectricityInfrastructureNewsTransmissionWeather

Texas power demand to break June, July records in heat wave, grid operator says

The Texas power grid is expected to shatter peak demand records this week due to a severe heat wave, with temperatures in Houston...

The power grids of the future will rely on better batteries to store excess renewable energy for when the sun isn't shining and the wind isn't blowing (GETTY IMAGES NORTH AMERICA)
AnalysisBusinessClimateElectricityFinanceIn-DepthInfrastructureStorageTransmission

‘Not a lab experiment’: climate tech CEO on green innovation

Bill Gates has hosted executives in London this week to boost investment in technologies promising breakthroughs in tackling climate change.

FILE PHOTO: A drone view of three berths able to load vessels with oil is seen after their construction at Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, British Columbia, Canada, April 26, 2024. REUTERS/Chris Helgren/File Photo
AnalysisBusinessFuelIn-DepthInfrastructureOilTransmission

Canada’s Trans Mountain bets on last-minute oil shippers on high-cost pipeline

Canada's Trans Mountain oil pipeline will rely heavily on last-minute shippers to turn a profit, the corporation's financial projections show

Forest fire smoke blankets the sky near Churchill Falls, in central Labrador, on June 19, 2024 in a handout photo. The western Labrador town of Wabush is still without electricity after a wildfire knocked out power to two transmission lines running from the generating station in the town of Churchill Falls. THE CANADIAN PRESS/Robert Dawe **MANDATORY CREDIT**
ClimateEnvironmentNewsTransmissionUtilitiesWeather

Power back on in western Labrador after wildfires knocked out transmission lines

The wildfire on Tuesday afternoon cut off electricity to the region of Labrador West.

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