Saturday, 19 April 2025

Focus on TotalEnergies

The trading floor of Norges Bank Investment Management, the Nordic countryÕs sovereign wealth fund in Oslo, Norway, June 2, 2017. REUTERS/Ints Kalnins/File Photo
BusinessEconomyFinanceNews

Norway wealth fund falls short on climate ambitions, NGO says

'Misalignment' reported between Norway wealth fund's push for net zero and actual voting record at oil major AGMs.

FILE PHOTO: The Exxon Mobil Corp building is pictured in Georgetown, Guyana February 18, 2022. REUTERS/Sabrina Valle/File Photo
BusinessNewsOil

Exxon misses on Q1 profit despite big gains in Guyana

Exxon Mobil Corp missed estimates with a 28% year-on-year drop in first quarter profits, as weaker refining margins offset volume gains

The sun sets behind spinning land-based wind turbines in Atlantic City, N.J., on Dec. 13, 2023. On April 24, 2024, eight Jersey Shore towns wrote to New Jersey utility regulators saying that a proposed wind farm off Long Beach Island will be costlier than expected. (AP Photo/Wayne Parry)
ElectricityNewsOffshore WindPoliticsRegulationsWind

Gusts of activity underway by friends, foes of offshore wind energy projects in NJ, NY

Shore towns spanning much of New Jersey's 127-mile coastline wrote to the state's Board of Public Utilities, saying the proposed Atlantic Shores wind...

FILE PHOTO: Chairman and CEO, BlackRock, Larry Fink speaks during the Clinton Global Initiative (CGI) meeting in Manhattan, New York City, U.S., September 19, 2022. REUTERS/David 'Dee' Delgado/File Photo
BusinessFinanceNews

BlackRock-backed Decarbonization Partners raises $1.4 billion for first fund

Climate investing venture gathers over a billion from 30 institutional investors across 18 countries to aid transition to lower-carbon energy.

FILE PHOTO: An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo
FuelLiquefied Natural GasNatural GasNews

Pressure on gas and LNG prices to help switch from coal, says J.P. Morgan

Gas prices to come down as growth in output will boost efforts to transition industries away from coal, says report.

AnalysisEconomyIn-DepthLiquefied Natural GasNatural GasOilPoliticsTradeWeather

Europe’s ability to survive a cold winter hasn’t been tested, energy execs say

AMSTERDAM – Europe has successfully survived the worst energy crisis in decades thanks to demand reduction and a couple of mild winters, but...

FILE PHOTO: The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi Niesner/File Photo
Liquefied Natural GasNews

Norwegian LNG plant evacuated due to gas leak

No reports or injuries after gas leak causes evacuation at Equinor's Hammerfest liquefied natural gas plant.

FILE PHOTO: Galp Energia logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOil

Galp says field off Namibia could contain 10 billion barrels of oil

Portuguese company finds high potential for oil extraction after exploring Mopane field oil wells.

BusinessFuelNatural GasNewsOil

Investors ask TotalEnergies to split CEO, board chair roles

TotalEnergies' investors have said that splitting the roles of CEO and chairman could speed up the company's shift away from fossil fuels

BusinessEmissionsFuelNews

Shell urges investors to reject shareholder group’s climate demands

A resolution, filed by a group of investors with around $4 trillion under management, urges Shell to align its medium-term carbon reduction targets...

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