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Summary Appeals court dismisses 2021 ruling Friends of the Earth says will continue to fight polluters COP29 take place in Baku to seek progress on curbing emissions (Reuters) – Oil and gas major Shell (SHEL.L) on Tuesday won an appeal against a landmark ruling that required it to accelerate carbon reduction efforts, dealing a blow to campaigners …
Shell Wins Appeal Against Landmark Dutch Climate Ruling Read More »
U.S. natural gas futures soared about 10% to a five-week high on Monday on a drop in daily output over the past few days and forecast for much cooler weather and more heating demand over the next two weeks than previously expected. That heating demand should cause utilities to start pulling gas out of storage …
US Natgas Prices Soar 10% to 5-Week High on Output Drop, Jump in Demand Read More »
Nearly 200 nations meeting at an annual United Nations summit this week must now consider how to avoid catastrophic climate change without help from the world’s biggest economy. This year’s United Nations’ climate talks were never going to be easy. The world is in the midst of two major wars in Ukraine and the Middle East. COP29, as the summit …
Trump Win Upends the Fight for Climate Cash at COP29 Read More »
Fossil-fuel executives backed the Republican’s campaign but don’t necessarily share his views on production growth. Pumpjacks operate on oil wells in the Permian Basin, Texas. Bloomberg Days before being elected the 47th US president, Donald Trump made a bold promise that he’d slash energy prices by 50%. “I’ll get those guys drilling,” he told supporters …
Trump’s Plan to Unleash Oil Will Hit a Cash Problem Read More »
By Reuters (Reuters) – More than a quarter of U.S. Gulf of Mexico oil and 16% of natural gas output remained offline in the aftermath of storm Rafael, the U.S. offshore energy regulator reported on Sunday. There were 482,790 barrels of oil and 310 million cubic feet of natural gas production shut-in on Sunday, offshore regulator …
More Than a Quarter of U.S. Gulf of Mexico Oil, 16% of Natural Gas Offline Read More »
(Reuters) – Oil and gas producers in the United States expect to find it easier to ramp up production and exploration under the incoming second administration of Donald Trump. Finding local and lucrative markets for their wares may be the bigger challenge. Producers expect the new administration to streamline permit processes relating to fossil fuel …
Trump-Led Oil & Gas Export Boom May Go Bust in Europe Trade Spat Read More »
Donald Trump’s return to the White House after winning the Nov. 5 U.S. presidential election may reshape American business. Much depends on whom he appoints as deputies and cabinet members, including the role of Tesla CEO Elon Musk, and what tariffs he enacts. Following are some major issues and sectors to watch: WHAT ROLE WILL …
How Trump’s Second Administration Affects Business: Energy, Musk, Tariffs and More Read More »
(Reuters) – President-elect Donald Trump has promised to overhaul U.S. energy policy, with an aim of maximizing the country’s already record-high oil and gas production by rolling back regulation and speeding up permitting. Who will he choose to run the key departments and agencies to get this work done? Here are some of the names …
Who Could Run Trump’s Pro-Drilling Energy Policies? Read More »
Win empowers him to attack climate policies he’s dubbed a scam Republican will also push policies to produce more oil and gas Donald Trump’s victory promises to shake up US energy and environmental policy, with sweeping implications for oil production, offshore wind development and electric vehicle sales. The win empowers him to deliver on his …
From Oil to EVs, Here’s What a Trump Victory Means for Energy Read More »
Donald Trump’s return to the White House after winning the Nov. 5 U.S. presidential election may reshape American business. Much depends on whom he appoints as deputies and cabinet members, including the role of Tesla CEO Elon Musk, and what tariffs he enacts. Following are some major issues and sectors to watch:WHAT ROLE WILL ELON …
How Trump’s Second Administration Affects Business: Musk, Tariffs and More Read More »
