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Google Agrees to Biggest Carbon-Removal Deal Yet, Aims to Scale New Model

Carbon Capture, Energy Topics & Technology, Latest, US News / By

Summary Google to fund enhanced rock weathering across 200,000 hectares Project to generate 1 million tons of methane-abatement credits by 2030 Also aims to produce 1 million tons of carbon-removal credits by 2040 (Reuters) – Google has agreed to its biggest carbon-removal deal ​yet, backing a project in Brazil run by developer Terradot that aims …

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Canada Expands Tax Break to Broad Range of Investments Including Pipelines

Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Oil, Pipelines, US News / By

By Erik Hertzberg and Brian Platt Prime Minister Mark Carney is expanding the scope of a major investment tax write-off, adding oil and gas pipelines, oil production equipment, mining property and more to the list of assets eligible for immediate expensing in Canada. Carney announced the tax measure — dubbed the productivity mega deduction — …

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Enbridge Launches Open Season for Proposed Texas Natgas Pipe

Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Pipelines, US News / By

(Reuters) – Canadian energy company Enbridge said on Tuesday it launched a non-binding open season for its proposed West Texas Express natural gas pipeline to transport gas west from the Waha area of the Permian Shale to markets in and around El Paso, Texas. The Permian is the biggest oil-producing shale basin in the United …

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US Energy Chief Says Saudi Arabia Oil Pipeline Should Be Back Online Within Days

Conventional Energy, Energy Topics & Technology, Latest, Oil, Pipelines, US News / By

(Reuters) – Crude oil should be flowing through Saudi Arabia’s vital East-West Pipeline within days, U.S. Energy Secretary Chris Wright told CNBC on Tuesday, after the kingdom was forced to temporarily close it following attacks by Iran-aligned groups. “It’s still a detailed assessment, but I think it will be measured in days,” Wright said on …

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Argentina Escalates Legal Push Against Falklands Oil Exploration Firms

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

(Reuters) – Argentina will file new legal complaints against companies exploring for oil near the Falkland Islands, the government said on Tuesday, escalating Buenos Aires’ campaign against businesses operating in the British overseas territory. The move is part of a broader push by President Javier Milei’s government, which is also preparing legislation this week to …

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Trump’s Ukraine Energy Truce Won’t Fix Global Diesel Crunch: Bousso

Diesel Fuel, Energy Topics & Technology, Latest, US News / By

(Reuters) – An energy infrastructure truce that U.S. President Donald Trump brokered between Russia and Ukraine could reduce one of the biggest immediate threats facing the global diesel market. But it is unlikely to reverse the severe supply crunch that has emerged this year. On Monday, the Republican president said Ukraine and Russia had agreed …

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Energy Bills Forecast to Jump 25%, Bloomberg Analysis Finds

CDN and International News, Conventional Energy, Electricity Grid, Energy Topics & Technology, Forecasts, Latest, Natural Gas / By

By Eamon Farhat UK household energy bills are poised to jump by about 25% in January amid sharpened tensions in the Middle East, according to a Bloomberg Economics forecast that threatens to upend Prime Minister Andy Burnham’s drive to bear down on the cost of living. The regulator Ofgem will use energy futures prices observed …

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Oil Pipe Bypassing Hormuz to Reopen ‘Soon,’ US Energy Chief Says

Conventional Energy, Energy Topics & Technology, Latest, Oil, Pipelines, US News / By

By Ari Natter and Annmarie Hordern A critical Saudi oil pipeline should be back online “soon” following it’s closure late last week after coming under attack, Energy Secretary Chris Wright said Monday. “I think you’ll see that pipeline running back soon,” Wright said in an interview on Bloomberg Television. They’ve been very carefully assessing what …

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Carlyle Backs Deal to Buy Oil Firm Parallax in Latest Push Into Canada

Energy Topics & Technology, Latest, Mergers and Acquisitions, US News / By

By Iain Boekhoff American private equity firm Carlyle Group Inc. is backing a deal for an oil and gas company in Canada, its second major investment into the country’s oil sector in the last year. A newly formed company, Avenrock Energy Inc., will acquire privately held Parallax Energy Operating Inc., Carlyle announced Monday in a …

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US Data Centers Set to Burn More Natural Gas Than Most Nations

Artificial Intelligence, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, US News / By

By Julian Hast Data centers in the United States will consume more natural gas than most countries within a decade, according to a new outlook from BloombergNEF. Gas consumption to produce electricity for data centers is expected to grow by 15 billion cubic feet per day in the ten years to 2035, even accounting for …

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