Environment - Today in Oil and Gas

Constellation Plans $3.9 Billion Capex, Lifts Buyback Amid Clean Power Demand

Conventional Energy, Emission Reduction, Energy Topics & Technology, Environment, Latest, Natural Gas, US News / By mark

March 31 (Reuters) – Nuclear power producer Constellation Energy (CEG.O) on Tuesday said it plans $3.9 billion in capital spending and raised ‌its share buyback authorization to $5 billion, as it prepares to meet growing demand for clean electricity. U.S. power demand is expected to grow further after hitting a record high in 2025, driven …

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Europe Scales Back Climate Goals to Ease Iran War Energy Shock: Bousso

CDN and International News, Energy Topics & Technology, Environment, Latest / By mark

(Reuters) – The European Union may be forced to scale back its flagship climate policies and geopolitical aims as the Iran war drives up energy prices – with lasting consequences for the bloc’s energy strategy. The energy crunch sparked by the conflict, now in its fourth week, has rattled Europe, which is heavily dependent on …

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Judge Says He Will Order Greenpeace to Pay an Expected $345 Million in Dakota Access Oil Pipeline Protest Case

Conventional Energy, Energy Topics & Technology, Environment, Latest, Oil, Pipelines, Tri-Pinned, US News / By mark

By Jack Dura Leaders and attorneys for several Greenpeace entities listen to a reporter’s question after a jury’s verdict at the Morton County Courthouse in Mandan, N.D., Wednesday, March 19, 2025. (AP Photo/Jack Dura) BISMARCK, N.D. (AP) — A North Dakota judge has said he will order Greenpeace to pay damages expected to total $345 …

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Judge Says He Will Order Greenpeace to Pay an Expected $345 Million in Oil Pipeline Protest Case

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

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IEA Meeting Ends Without Unity as US Pushes to Scrap Net Zero

CDN and International News, Energy Topics & Technology, Environment, Latest, Net Zero / By mark

By Grant Smith and Nayla Razzouk The conflicting positions of US President Donald Trump and major European governments came to the fore at a meeting of the west’s most important energy forecaster. For the first time in nine years, the International Energy Agency — created by developed nations in the 1970s to oversee energy security …

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U.S. Energy Chief Warns U.S. Could Quit IEA if Agency Keeps Focus on Climate

Energy Topics & Technology, Environment, Latest, US News / By mark

(Reuters) – U.S. Energy Secretary Chris Wright said on Tuesday the United States is not satisfied yet with reforms at the International Energy Agency (IEA). Speaking at a conference in Paris, he added that Washington does “not need a net-zero scenario” from the body and could leave the agency “if they insist that it’s so …

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Landmark Greenwashing Case Against Gas Firm Santos Dismissed

CDN and International News, Energy Topics & Technology, Environment, Latest / By mark

By Keira Wright A judge dismissed a long-running legal challenge against Santos Ltd., which had accused the Australian oil and gas producer of misleading investors over its climate strategy. The case brought by the Australasian Centre for Corporate Responsibility, a shareholder advocacy group, was rejected Tuesday by Justice Brigitte Markovic. Details of her decision will …

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Canada’s Carbon Plan Will Help Oil Patch in Future, Energy Minister Says

Carbon Capture, CDN and International News, Conventional Energy, Energy Topics & Technology, Environment, Latest, Natural Gas, Oil / By mark

By Robert Tuttle Takeaways by Bloomberg AI Canada’s energy minister said the government’s push to build carbon capture technology in the Alberta oil sands ensures the industry is adapting to change. The Canadian government signed a memorandum of understanding with the province of Alberta that pledged backing for a new oil pipeline in exchange for a higher …

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US Publishes Interim Tax Credit Rules Meant to Restrict China Clean Energy Influence

Energy Topics & Technology, Environment, Latest, US News / By mark

Feb 12 (Reuters) – The U.S. Treasury Department on Thursday unveiled interim rules for enforcing provisions in President Donald Trump’s new tax law that restrict companies from claiming federal clean energy subsidies if they are overly reliant on Chinese-made equipment. The guidance, which applies to lucrative tax credits for clean energy manufacturing and electricity generation, …

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How the US Is Abandoning Joint Climate Action Under Trump

Energy Topics & Technology, Environment, Latest, US News / By mark

By Eric Roston and Brian Kahn A globe at the COP30 UN Climate Change Conference in Belem, Para State, Brazil. Photographer: Mauro Pimentel/AFP/Getty Images The US officially exited the Paris Agreement on Jan. 27. It’s the second time President Donald Trump has pulled out of the pact that commits almost 200 countries to keep global …

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