Canada presses oil sands producers on Pathways carbon capture project
(Bloomberg) — Canada’s energy minister said Alberta oil sands producers can absorb the cost of a major carbon capture project despite industry concerns that the country’s climate policies are undermining…
Pakistan Looks to Host Crude Reserve Sites of Gulf Oil Producers
Pakistan is encouraging oil producers from the Persian Gulf to set up crude reserve buffers at a planned Energy City near one of its ports, The Express Tribune reported on…
China’s Fuel Exports to Remain Low as Curbs Persist
China’s fuel exports will rise only slightly in June from May as government restrictions on shipments largely remain in place to preserve supply for the domestic market amid the biggest…
Japan to Welcome First Crude Cargo via Hormuz Since War Began
A supertanker carrying 2 million barrels of Saudi crude is set to arrive in Japan early next week after clearing the Strait of Hormuz in late April, in the first…
India Explores Alternative Energy Sources Amid Oil Supply Shock
India’s Prime Minister Narendra Modi has urged the government to urgently explore an increase in the use of alternative energy sources, including biogas as a substitute for liquefied petroleum gas…
India’s Power Demand Hits Record High as Heat Drives Coal Use
India’s power generation rose to a new all-time high amid hot weather that drove air-conditioning demand up, with thermal generation, most of its coming from coal power plants, covering 62%…
TotalEnergies Eyes $100M+ Stake Sales in European Solar and Wind Portfolio
TotalEnergies is considering selling 50% of some of its solar and wind assets in Europe as part of its strategy to partner with other companies in operating and monetizing its…
Northern Lights receives fourth CO2 ship
By 14 min ago 2 min read The Northern Lights joint venture has received its fourth dedicated carbon dioxide carrying ship. The Northern Purpose vessel will set sail from Dalian,…
UK energy distributor eyes hydrogen for fast-response outage recovery
By 26 min ago 2 min read The UK’s largest electricity distribution network operator UK Power Networks plans to develop a “first-of-its-kind” hydrogen fuel cell-based energy backup system to support…
Lufthansa to buy carbon removal credits from 3,000-tonne Canadian DAC plant
By 30 min ago 2 min read European airline Lufthansa Group (Lufthansa) will buy carbon removal credits from Canadian-based Deep Sky’s flagship direct air capture (DAC) facility in Alberta. Through…
