Saturday, 18 January 2025

Focus on Legislation

Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
FuelLegislationNatural GasNewsOilTrade

US FTC finalizes consent order for $53 billion Chevron-Hess merger

The U.S. Federal Trade Commission approves a consent order to resolve antitrust issues in Chevron's $53B Hess takeover.

Max Wilkinson’s said his Bill would have brought down energy bill costs (PA/Andrew Matthews)
LegislationNewsSolar

UK govt rejects ‘Sunshine Bill’ plan for solar panels on new homes

The UK government declined backing for the "Sunshine Bill," aiming to mandate solar panels on new homes, citing housing supply concerns.

FILE - A Block Island Wind Farm turbine operates, Dec. 7, 2023, off the coast of Block Island, R.I., during a tour organized by Orsted. (AP Photo/Julia Nikhinson, File)
EconomyElectricityLegislationNewsOffshore WindPoliticsWind

Trumps tasks congressman with writing executive order he could issue to halt offshore wind

The Trump ally believes offshore approvals did not fully account for the fishing industry, tourism, whales or Americans’ utility bills.

FILE PHOTO: Hubert Fuchs, Finance Minister of the European Union Presidency, walks at the G20 Meeting of Finance Ministers in Buenos Aires, Argentina, July 22, 2018. REUTERS/Marcos Brindicci/File Photo
ClimateClimate FinanceEconomyElectric Vehicles (EVs)EmissionsLegislationNewsPolitics

Austrian far right, conservatives plan cuts to climate measures

The eurosceptic, Russia-friendly FPO came first in September's parliamentary election with around 29% of the vote.

FILE PHOTO: Plastic letters arranged to read "Sanctions" are placed in front of Russian flag colors in this illustration taken February 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessCourtsLegislationNewsOil

Oil tycoon Shvidler says UK sanctions are arbitrary in landmark appeal

In the first case of its kind to reach the UK's Supreme Court, a billionaire oil tycoon challenges UK sanctions.

Former Newfoundland and Labrador premier Danny Williams talks to media before a memorial service in St. John's, Friday, May 3, 2024. THE CANADIAN PRESS/Paul Daly
ElectricityHydropowerLegislationNews

Did Quebec get a better deal? Hydro-Québec comments spook critics in Newfoundland

Canada's easternmost province may have signed another unfavourable energy deal, warns a former Newfoundland and Labrador premier.

File - A sign marks the entrance to an ExxonMobil fuel storage and distribution facility in Irving, Texas, Jan. 25, 2023. (AP Photo/LM Otero, File)
CourtsEnvironmentLegislationNatural GasNewsOil

Exxon Mobil Corp. sues California attorney general for defamation over plastic recycling claims

The oil and gas giant seeks unspecified damages and retractions of 'defamatory statements.'

FILE PHOTO: U.S. President Joe Biden speaks at a reception for newly elected Democratic members of Congress, in Washington, U.S. January 5, 2025. REUTERS/Nathan Howard/File photo
BusinessEconomyElectric Vehicles (EVs)ElectricityEmissionsEnvironmentGeothermalHydropowerLegislationNatural GasNewsNuclear PowerOilPoliticsRegulationsSolarWind

Biden team wraps up expanded clean energy credit guidance

Biden finalizes clean energy tax credit guidance, extending IRA benefits to diverse low-carbon power sources amid climate change push.

Jake Sullivan, National Security Advisor of the United States, speaks at an event at the Indian Institute of Technology in New Delhi, India, January 6, 2025. REUTERS/Anushree Fadnavis
ElectricityLegislationNewsNuclear Power

US taking steps to clear hurdles for civil nuclear partnership with Indian firms

Washington and New Delhi have discussed U.S. nuclear reactor supply to energy-hungry India since the mid-2000s.

An offshore oil rig is seen as a group of people help clean the beach in Huntington Beach, California, U.S., November 14, 2024.  REUTERS/Mike Blake
ClimateLegislationNatural GasNewsOilPolitics

Biden to ban offshore oil, gas drilling in vast areas ahead of Trump term

U.S. President Biden will ban new oil and gas projects on most U.S. coasts, a move Trump may struggle to reverse.

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