UK risks losing out to Europe in hydrogen energy raceIn 2021, the UK set out a bold ambition to become a ‘global leader in hydrogen’ by 2030 but lack of clarity on subsidies is delaying project approval.Bloomberg News | October 7, 2023 | 12:06 pm
Spotlight still on Vedanta $3 billion debt despite spinoff planWhile equity investors gave the demerger plan a thumbs up,…Bloomberg News | October 4, 2023 | 5:48 pm
Suncor to buy Total’s Fort Hills stake in $1.07 billion dealThe acquisition would add 61,000 barrels a day of net…Bloomberg News | October 4, 2023 | 3:01 pm
Governments spent record $1 trillion last year subsidizing fossil fuels International Energy Agency estimates that the combined subsidies for oil, natural gas, electricity and coal hit an all-time high in 2022. Bloomberg News | February 19, 2023 | 10:56 am
Glencore hit by fresh bribery-related lawsuit in the UK Legal action is related to alleged losses to shareholders resulting from Glencore's statements to the market on corruption cases. Cecilia Jamasmie | February 17, 2023 | 6:13 am
Suncor draws regulatory probe after deaths Suncor has racked up 32 safety violations in the past three months amid a special regulatory probe of its sites. Bloomberg News | February 15, 2023 | 12:37 pm
Suncor mulling options to replace supply from key oil sands mine Base Mine, situated just north of the oil sands hub of Fort McMurray, feeds two upgraders at Suncor's Base Plant in northern Alberta. Reuters | February 15, 2023 | 11:33 am
Glencore hands $7.1 billion to shareholders after record profit High oil and coal prices helped the company to post a record annual profit. Reuters | February 15, 2023 | 7:57 am
Vale acquires Oman’s OQ 30% stake in Vale Oman OQ, formerly known as Oman Oil Company, bought the stake from Vale in 2010. Reuters | February 14, 2023 | 6:49 am
Inside Germany’s renewable energy boondoggle For all their successes building Europe’s strongest economy, the Germans have made some pretty dumb moves regarding energy policy. Rick Mills - Ahead of the Herd | February 6, 2023 | 3:19 pm
Scholz is learning that it’s not easy going green Under Scholz’s stewardship, the German industry is struggling to find new technologies and trade partners to provide the backbone for the coming green transformation. Bloomberg News | February 4, 2023 | 11:30 am
The fossil-fuel elephant in the electrification room The transition from fossil fuels to electrified transportation and renewable energy is predicated on two assumptions, both of which are false. Rick Mills - Ahead of the Herd | February 3, 2023 | 11:53 am