OIL - BIO FUEL DAILY

Bumper profits ebb at US oil giants as they tout big fossil deals

Oct 27, 2023 (AFP)

The two petroleum heavyweights -- which in recent weeks have unveiled large takeovers of midsized fossil fuel players -- both reported third-quarter profits tha...

Finland says working with China on pipeline probe

Oct 26, 2023 (AFP)

Finnish police have recovered an anchor, believed to be from a Chinese vessel, that appears to have caused the breach in the Baltic Sea pipeline to Estonia this...

IEA chief says China oil demand key factor in energy transition

Oct 24, 2023 (AFP)

Oil cartel OPEC has predicted that global demand for oil is unlikely to peak before 2045 but IEA chief Fatih Birol, speaking on the day the agency unveiled its ...

Climate activists ordered to do unpaid work for Ashes Test protest

Oct 24, 2023 (AFP)

The district judge also banned the trio -- two men in their twenties and a 69-year-old woman -- from going near the famous London ground for a year, as part of ...

Sweden battles oil spill after ferry runs aground

Oct 23, 2023 (AFP)

"We know that the spill currently stretches over five kilometres (three miles) out at sea," Erik Svensson, who was coordinating the clean-up operation, said in ...

Environmentalists applaud as company pulls plug on 5-state pipeline project

Oct 23, 2023 (UPI)

The Texas-based company called the government processes involved in approving pipeline projects "unpredictable" in a statement announcing it was pulling the plu...

Finland suspects Chinese ship linked to gas pipe damage

Oct 20, 2023 (AFP)

After a leak led to the shutdown of the Balticconnector pipeline on October 8, Finnish authorities have been investigating the damage which they say was caused ...

Putin praises 'unprecedented' energy ties with China

Oct 19, 2023 (AFP)

Russia has been hit by massive Western sanctions over its Ukraine offensive, and with Europe trying to sever its energy links with Moscow, the Kremlin has looke...

Green groups lose UK lawsuit over fossil fuel exploration

Oct 19, 2023 (AFP)

The High Court in London ruled against Greenpeace and Uplift, who argued that the licencing round had not taken into account the greenhouse gas emissions from b...

U.S. eases sanctions on Venezuela after election deal reached with opposition

Oct 18, 2023 (UPI)

The removal sanctions was highly anticipated, though not without criticism as some had hoped for more concrete commitments from the government of Venezuela's au...

EU to seek virtual elimination of fossil fuels at COP28

Oct 17, 2023 (AFP)

At the COP28 UN climate talks in November, the bloc will also call for eliminating "as soon as possible" subsidies for fossil fuels which do not serve to combat...

MIT design would harness 40 percent of the sun's heat to produce clean hydrogen fuel

Oct 17, 2023 (SPX)

In a study appearing in Solar Energy Journal, the engineers lay out the conceptual design for a system that can efficiently produce "solar thermochemical hydrog...

New catalyst could provide liquid hydrogen fuel of the future

Oct 16, 2023 (SPX)

In two research articles, Lund researchers have demonstrated that the method works, and while it is still basic research, it has the potential to become an effi...

The world's first methanol-powered container ship moored at the Port of Gothenburg

Oct 11, 2023 (SPX)

"This ship is a significant milestone for the maritime industry's green transition, but it is just the beginning. We will see another nearly 200 methanol-powere...

ExxonMobil to buy Texas shale producer Pioneer for about $60 bn

Oct 11, 2023 (AFP)

The US oil giant said the takeover, the company's biggest since the late 1990s acquisition of Mobil by Exxon, will enable greater economies of scale in the Perm...

'Immediate' cuts to methane from fossil fuel needed: IEA

Oct 11, 2023 (AFP)

Methane is far less abundant in the atmosphere than carbon dioxide, but is responsible for around 30 percent of the global rise in temperatures to date. It ling...

NATO vows 'determined response' if Baltic pipeline sabotage confirmed

Oct 11, 2023 (AFP)

Finnish President Sauli Niinisto said on Tuesday a leak leading to the shutdown of a natural gas pipeline this weekend was probably caused by "external" activit...

Dutch protests scrapped after fossil fuel vote

Oct 10, 2023 (AFP)

"Civil disobedience works," the group said in a statement following 27 consecutive days of blocking the A12, a major artery into The Hague, resulting in regular...

Finland blames 'external activity' after undersea natural gas pipeline breached

Oct 10, 2023 (UPI)

A communications cable linking Finland and Estonia also was breached. The Finnish government said that authorities discovered the damage to the Baltic connector...

World Bank chief defends its natural gas investments

Oct 10, 2023 (AFP)

Reforming the World Bank and the IMF to better address climate change and other global challenges is at the top of the agenda as the sister institutions hold th...