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Bernie Sanders proposes $16.3 trillion Green New Deal plan

20 hours ago DieselGasoil Comments Off on Bernie Sanders proposes $16.3 trillion Green New Deal plan
WASHINGTON, August 22 (Reuters) – Presidential hopeful Bernie Sanders unveiled a climate change strategy on Thursday that would mobilize $16.3 trillion to help the U.S. generate 100% of its electricity from renewable energy by 2030 and achieve “full decarbonization” by 2050. FILE PHOTO: 2020 Democratic U.S. presidential candidate and U.S. Senator Bernie Sanders speaks during Read More

Britain’s Cuadrilla pauses gas fracking after earth tremor

24 hours ago DieselGasoil Comments Off on Britain’s Cuadrilla pauses gas fracking after earth tremor
LONDON (Reuters) – British shale gas company Cuadrilla has paused fracking at its Preston New Road site in Lancashire, northwest England, due to an earth tremor late on Wednesday. FILE PHOTO: Cuadrilla’s Preston Road fracking site is seen near Blackpool, Britain, October 22, 2018. REUTERS/Hannah McKay/File Photo Cuadrilla, which restarted fracking at the site last Read More

From bin bags to planes: Shell, BA plan EU’s first waste-to-jet fuel plant

3 days ago DieselGasoil Comments Off on From bin bags to planes: Shell, BA plan EU’s first waste-to-jet fuel plant
LONDON (Reuters) – Aeroplanes could be powered by jet fuel made from household rubbish from 2024 under plans by Shell (RDSa.L), British Airways and Velocys (VLSV.L) to build Europe’s first large-scale plant to produce jet fuel from domestic and commercial waste. FILE PHOTO: British Airways logos are seen on tail fins at Heathrow Airport in Read More

US study to focus on leasing, not closing, portions of SPR: sources

4 days ago DieselGasoil Comments Off on US study to focus on leasing, not closing, portions of SPR: sources
Highlights Study was originally expected late last year US negotiating with Australia on leasing SPR space Closure of SPR site no longer under consideration Washington — An ongoing US Department of Energy study on the future of the Strategic Petroleum Reserve is expected to recommend leasing unused portions of the reserve, rather than closing one Read More

Precision Announces Reduced 2019 Capital Expenditure Plan and Board Approval of Normal Course Issuer Bid

4 days ago DieselGasoil Comments Off on Precision Announces Reduced 2019 Capital Expenditure Plan and Board Approval of Normal Course Issuer Bid
CALGARY, Alberta, Aug. 19, 2019 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later Read More

China provides $1 billion in ‘green’ finance to coal projects in first half of the year

4 days ago DieselGasoil Comments Off on China provides $1 billion in ‘green’ finance to coal projects in first half of the year
SHANGHAI (Reuters) – Chinese financial institutions provided at least $1 billion in “green” financing to coal-related projects in the first half of this year, a review of financial data showed, with fossil fuels still playing a major role in Beijing’s energy strategy. According to Shanghai-based financial data provider Wind, 7.4 billion yuan ($1.1 billion) in Read More

Frac companies get fresh hope UK government will loosen rules

7 days ago DieselGasoil Comments Off on Frac companies get fresh hope UK government will loosen rules
By Timothy Abington and Jeremy Hodges on 8/16/2019 LONDON (Bloomberg) – A change of British government has given the much-maligned fracing industry another opportunity to make out its case for stimulating the controversial technique to tap unconventional natural gas reserves. Prime Minister Boris Johnson and his new business minister, Andrea Leadsom, have come out in Read More