Trump EPA Extends Emissions Reporting Deadline for Big Polluters
The Trump EPA has extended the emissions reporting deadline for large polluters, coinciding with efforts to potentially eliminate greenhouse gas reporting requirements entirely.
E.ON Next deal to buy Ovo Energy leaves UK with just ‘big three’ energy suppliers
E.ON Next completed its acquisition of Ovo Energy, creating a market where three suppliers now serve nearly three-quarters of British households, raising fresh competition concerns.
Tanker Rates Soar to Record as Oil Crisis Becomes Shipping Crisis
Crude oil tanker rates hit record highs in early October as the Iran war disrupted shipping routes and tied up vessels in inefficient Middle East transfers, creating a global shipping crisis.
How Low Can the Strategic Petroleum Reserve Actually Go?
The U.S. Strategic Petroleum Reserve fell to 283 million barrels in late September, its lowest level since 1982. The reserve faces challenges in replenishing supplies through costly oil exchange agreements with extended repayment timelines extending into 2028.
Pemex Needs Nearly $110 Billion to Hit Mexico’s Output Targets
Mexico’s state oil company Pemex needs nearly $110 billion to meet the government’s oil and gas production targets, but an international sustainability institute argues the investment would be economically inefficient.
New UK gas and oil projects are a ‘no-brainer’, says EDF boss
The head of EDF Energy argues that approving new North Sea oil and gas projects poses no contradiction to net zero goals, joining other renewable energy leaders backing the Rosebank and Jackdaw developments.