Thursday, 13 February 2025

Focus on Regulations

The Beatrice offshore windfarm is to pay £33.14 million to Ofgem over a breach of licence rules (Beatrice Offshore Windfarm Limited/PA)
ElectricityInfrastructureNewsRegulationsUtilitiesWind

Beatrice offshore windfarm pays £33m after breaching market rules

Watchdog Ofgem said on Tuesday that Beatrice Offshore Windfarm Limited (Bowl) had agreed to make the redress payment in response.

BusinessEmissions MarketsNewsPoliticsRegulationsVoluntary Carbon Markets (VCMs)

US unveils policy to boost carbon offset market integrity

Carbon offset integrity will be bolstered by new rules, hopes United States, in move to "unlock the power of private markets".

An oil and gas lobby group says the federal government's proposed emission cap on the sector combined with its stringent targets for methane reduction could reduce Canada's non-oilsands fossil fuel production by one million barrels per day by 2030. A pumpjack draws out oil from a well head near Calgary, Alta., Saturday, Sept. 17, 2022. THE CANADIAN PRESS/Jeff McIntosh
BusinessEconomyEmissionsNatural GasNewsOilPoliticsRegulations

Lobby group says emissions cap would cost Canada’s oil and gas sector $75B in lost investment

An oil and gas lobby group says the federal government's proposed emissions cap on the sector combined with its stringent targets for methane...

BusinessElectricityNewsNuclear PowerRegulationsTransmissionUtilities

Enel chairman says investments in grids are financially attractive

Investments in power grids are attractive for Italian power utility Enel and other groups that distribute electricity because, once approved by the authorities,...

FILE PHOTO: U.S. President Donald Trump delivers a speech during a tour of the Double Eagle Energy Oil Rig in Midland, Texas, U.S., July 29, 2020. REUTERS/Carlos Barria/File Photo
BusinessClimateEconomyElectionsEmissionsNewsOilPoliticsRegulations

U.S. Senate panels launch probe into Trump ‘quid pro quo’ with energy execs

Media reports said presidential candidate Donald Trump had vowed to reverse dozens of the Biden administration's environmental rules and policies at a meeting...

EconomyIndigenousNewsOilPoliticsRegulationsTransmission

Canada amending Trans Mountain ownership regulations to help pipeline sale

Canada is amending regulations on how it manages the state-owned Trans Mountain oil pipeline in order to facilitate its sale to Indigenous groups,...

FILE PHOTO: A man walks in front of the headquarters of Petroleo Brasileiro S.A. (Petrobas) in Rio de Janeiro, Brazil March 9, 2020. REUTERS/Sergio Moraes/File Photo
BusinessNatural GasNewsOilPoliticsRegulations

Petrobras says antitrust watchdog agreed to free company from asset sales

Brazilian state-run oil firm Petrobras said on Wednesday the country's antitrust regulator Cade approved the new terms of an agreement that will free...

FILE PHOTO: A logo is pictured outside the World Trade Organization (WTO) in Geneva, Switzerland, September 28, 2021. REUTERS/Denis Balibouse/File Photo
NewsPoliticsRegulationsTrade

South Africa may complain to WTO against EU carbon border tax

Trade Minister Ebrahim Patel protests against 'protectionist' EU carbon border tax which is set to be introduced from 2026.

FILE PHOTO: Shipping containers at Pier J at the Port of Long Beach wait for processing in Long Beach, California, U.S., April 4, 2018. REUTERS/Bob Riha Jr./File Photo
AutomotiveElectric Vehicles (EVs)NewsPoliticsRegulationsSolarTradeTransport

US announces details on higher China tariffs, some to start Aug 1

The US Trade Representative's office on Wednesday said some of the steep tariff increases on Chinese imports will take effect on August 1

A BMV X3 xDrive20d is seen on display at the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 24, 2015. REUTERS/Ralph Orlowski/File Photo
AutomotiveNewsPoliticsRegulationsTradeTransport

China should hike tariffs on large cars to 25%, says research body

China should raise its import tariffs on large gasoline-powered cars to 25%, according to a government-affiliated auto research body expert

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