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Major LNG Producer Challenged in Court on Clean Claims in Landmark Case

CDN and International News, Conventional Energy, Emission Reduction, Energy Topics & Technology, Latest, LNG / By

Santos in Australian Federal Court over alleged greenwashing Questions raised over gas exporter’s net zero ambitions One of the world’s first legal challenges over corporate greenwashing kicked off in an Australian court, with an activist shareholder group claiming natural gas producer Santos Ltd. misled investors on its climate targets. The Australasian Centre for Corporate Responsibility said Monday in …

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Panama Canal Seeks LNG Comeback After 65% Decline in Traffic

CDN and International News, Conventional Energy, Latest, LNG / By

Summary Asia’s demand for US LNG expected to continue rising Canal could have more room for LNG vessels following new reservation system LNG vessels had access to long-term reservations starting in January PANAMA CITY/HOUSTON, Oct 29 (Reuters) – The Panama Canal aims to regain vessel traffic carrying U.S. liquefied natural gas to Asia as demand …

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Electric Shockwave: VW Seeks Unprecedented Plant Closings in Germany as Auto Crisis Deepens

CDN and International News, Electric Vehicles, Energy Topics & Technology, Latest / By

Plans to cut thousands of jobs and slash wages as Europe’s biggest automaker tries to halt its tailspin Bloomberg News Volkswagen AG plans to close at least three factories, eliminate thousands of jobs and slash wages for tens of thousands of German workers as Europe’s biggest automaker tries to halt its tailspin. The proposals to fix …

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PetroChina Set to Shut Top North China Refinery in 2025, Sources Say

CDN and International News, Energy Topics & Technology, Latest, Refineries / By

Summary Entire 410,000-bpd plant due for shutdown around mid-2025 Half of capacity already mothballed Dalian govt pushed for refinery relocation after accidents Potential replacement in Changxing island still under evaluation SINGAPORE, Oct 28 (Reuters) – PetroChina is set to shut its largest domestic oil refinery around mid-2025, sources said, the country’s first major closure at …

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Putin: Russia Ready to Keep Gas Transit via Ukraine, but Kyiv Rejects Deal Extension

CDN and International News, Conventional Energy, Latest, Natural Gas / By

By Reuters MOSCOW, Oct 25 (Reuters) – Russia is ready to continue pumping gas through Ukraine after the current gas transit deal expires at the end of the year, but sees indications Ukraine may not be willing to extend the contract, Russian President Vladimir Putin said on Friday. Ukraine has already said it does not want …

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Equinor Sees Upward Gas Price Pressure, Lower Storages Next Year

CDN and International News, Conventional Energy, Latest, Natural Gas / By

(Reuters) – European gas prices are still subject to upward pressure due to rising demand in Asia and concerns over future supply of Russian and liquefied natural gas (LNG), the CEO of Norwegian oil and gas producer Equinor said on Thursday. “Winter is approaching, and European demand will depend on the weather and temperature. A …

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Global Energy Consumption Forecasting in the Age of Climate Change – Yogi Schulz

CDN and International News, Energy Commentary, Energy Topics & Technology, Environment, Forecasts, Latest / By

By Yogi Schulz Energy consumption forecasting has become more complex due to economic and population growth uncertainties. While the pace of the energy transition will not determine global energy consumption, it will determine the mix of various energy sources throughout the forecast period. Forecasting how the mix of various energy sources will evolve adds more …

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Producing Lithium Is Slow and Dirty. Is There a Fix?

CDN and International News, Critical Minerals, Energy Topics & Technology, Latest, Minerals / By

By Annie Lee Lithium ore at a mine in Minas Gerais state, Brazil.Photographer: Dado Galdieri/Bloomberg A substance seen as critical to the green energy revolution, lithium, is at risk of a future supply crunch. Even though a recent surplus of the metal has been crashing prices, demand for lithium is set to grow by almost …

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A Wind Power Crisis Is Holding Back the World’s Green Energy Goal

CDN and International News, Latest, Renewable Energy, Solar, Wind / By

While solar deployment is accelerating, bottlenecks in the wind industry are jeopardizing the chance to meet a global target to triple renewable capacity by 2030.  The world’s green power goal has a wind problem. At the COP28 climate talks in Dubai last year, leaders from more than 130 nations agreed to triple renewable power capacity by the end of the …

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