Tuesday, January 7, 2025
Airlines and energy firms clash over green fuel supplies- oil and gas 360

Airlines and energy firms clash over green fuel supplies

Yahoo Finance DUBAI – Airlines and energy firms clashed over scarce availability of alternative fuels on Tuesday as carriers ended a three-day summit struggling to square near-record demand with supply chain problems and pressure to meet environmental goals. The aviation industry has committed to reducing net emissions to zero by 2050 largely through plant-based Sustainable Aviation Fuels (SAF). But with

Energy firms boost gas exploration in Southeast Asia to meet growing demand- oil and gas 360

Energy firms boost gas exploration in Southeast Asia to meet growing demand

Nasdaq KUALA LUMPUR – Energy companies are ramping up exploration activities in Southeast Asia to boost natural gas output and meet long-term demand growth, drawn by recent discoveries and improved investment policies, company executives and analysts said. Malaysia and Indonesia have recently seen successful upstream discoveries, including a major discovery by Mubadala Energy in the South Andaman Block, following years of underinvestment in

The European Central Bank Won’t Provide Financing For Energy Firms- oil and gas 360

The European Central Bank won’t provide financing for energy firms

Oil Price The European Central Bank will not give short-term financing to European energy firms struggling through the energy crisis, sky-high prices, and margin calls on the derivatives markets, ECB President Christine Lagarde said on Friday.     “As far as the ECB is concerned, and the national central banks of the Eurosystem, of course we stand ready to provide

Energy firms bet on hydrogen boom, but payday far away- oil and gas 360

Energy firms bet on hydrogen boom, but payday far away

Reuters Governments and energy companies are placing large bets on clean hydrogen playing a leading role in efforts to lower greenhouse gas emissions, but its future uses and costs are highly uncertain. “Without hydrogen by 2050 we cannot aim to be a net zero (carbon) economy,” Royal Dutch Shell CEO Ben van Beurden told the CERAWeek online conference this week.