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Europe Oil Product Markets Hurting as Red Sea Attacks Delay Deliveries, IEA Exec Says

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

Delays in oil product deliveries due to ships being diverted avoid attacks in the Red Sea are impacting product markets in Europe in particular, an International Energy Agency executive said on Wednesday. “We’re currently seeing a difficult situation with respect to the Red Sea and the Suez canal,” Keisuke Sadamori, IEA’s director of energy markets …

Europe Oil Product Markets Hurting as Red Sea Attacks Delay Deliveries, IEA Exec Says Read More »

U.S. Sanctions Halt Delivery of New Vessels to Russian LNG Plant

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

MOL says efforts to charter or sell ice-breakers face curbs Operator Novatek PJSC already forced to delay maiden voyage The delivery of specialized ships to a new Russian liquefied natural gas facility is being upended by US sanctions, according to Mitsui OSK Lines Ltd., threatening exports. The Japanese shipping line can no longer charter the three ice-breaker …

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Venezuela Oil Industry Fears Losing Ground if U.S. Revives Sanctions

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Firms fret reestablished links with US suppliers may be halted January oil output rose 22% from prior year as sanctions eased Venezuelan President Nicolás Maduro is betting the US won’t revive all of its sanctions as he backslides on a promise of free elections. Inside the nation’s oil industry, local operators are worried he’s wrong. Oil and …

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With Solar Industry in Crisis, Europe in a Bind Over Chinese Imports

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

Summary EU heavily reliant on Chinese solar panel imports Some European solar manufacturers on brink of collapse Governments, industry split over how to help Europe wants to grow local clean tech manufacturing (Reuters) – Europe’s green energy transition is stuck between a rock and a hard place. A flood of cheap Chinese solar panel imports …

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ACQUITTED: A London Judge Acquits Climate Activist Greta Thunberg of Refusing to Leave Oil Industry Conference

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  LONDON (AP) — Climate activist Greta Thunberg was acquitted Friday of a charge of refusing to follow a police order to leave a protest blocking the entrance to a major oil and gas industry conference in London last year. The courtroom gallery erupted with applause as Judge John Law told Thunberg and her four co-defendants to …

ACQUITTED: A London Judge Acquits Climate Activist Greta Thunberg of Refusing to Leave Oil Industry Conference Read More »

Trudeau Faces Daunting Path to Sale of Canada’s $26 Billion Trans Mountain Pipeline

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Oil, Pipelines / By

Plan to give Trans Mountain stake to Indigenous groups stalled Oil companies object to tolls; analysts question valuation Justin Trudeau has promised one of the largest government-led asset sales in Canadian history by divesting the Trans Mountain pipeline, a huge conduit that moves crude from the province of Alberta to the west coast. But the government faces …

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Greta Thunberg Stands Trial Over London Oil Conference Protest Arrest

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Climate campaigners were charged with public order offenses Police were handed new powers to clamp down on public protests Bloomberg Climate campaigner Greta Thunberg was accused of breaking public protest laws on the first day of a London trial after she was arrested while blockading an oil and gas conference last year. The Swedish activist, 21-years-old, arrived at …

Greta Thunberg Stands Trial Over London Oil Conference Protest Arrest Read More »

Woodside Should Walk Away from Santos Deal, Large Shareholder Says

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(Reuters) – Woodside  should walk away from its proposed $57 billion merger with Santos  rather than pay a premium for its smaller rival, a large shareholder said on Thursday, a sign of the deep divide between both sides over fair value. Fund manager Allan Gray Australia owns a roughly A$700 million ($460 million) stake in Australian …

Woodside Should Walk Away from Santos Deal, Large Shareholder Says Read More »

Norwegian Government Appeals Court Ruling Invalidating Oil, Gas Permits

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Norway’s government on Wednesday said it would appeal a court’s decision to invalidate three permits that the energy ministry had granted for the development of new offshore oil and gas fields. The Oslo District Court earlier this month ruled that the environmental impact had not been sufficiently assessed, after environmental campaign groups in November asked …

Norwegian Government Appeals Court Ruling Invalidating Oil, Gas Permits Read More »

No African Nation Should Have to Halt Fossil Fuels, Kenyan President Says

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Kenyan president speaks at Italy-Africa summit in Rome Renewable energy is an economically rational choice, he says Kenyan President William Ruto said African countries need to be able to tap all their energy resources even if that means developing non-renewable sources of fuels. “I firmly believe that no African country can be asked to halt the exploration …

No African Nation Should Have to Halt Fossil Fuels, Kenyan President Says Read More »

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