Environment

MELBOURNE (Reuters) – Norway’s Equinor ASA has abandoned plans to explore for oil in the deep waters off Australia’s south coast, saying it was not “commercially competitive”, following in peers’ footsteps in a move hailed as a big win by green campaigners. FILE PHOTO: Equinor’s logo is seen at the company’s headquarters in Stavanger, Norway
0 Comments
LONDON (Reuters) – Europe’s top companies need to more than double their current level of spending on low-carbon projects to meet the European Commission’s flagship goal of ‘climate neutrality’ by 2050, according to a report released on Tuesday. FILE PHOTO: The lignite power plants of “Neurath New”, Niederaussem, and “Neurath Old” of German energy supplier
0 Comments
WINNIPEG, Manitoba/OTTAWA (Reuters) – Teck Resources Ltd’s surprise decision to cancel a planned C$20.6 billion ($15.6 billion) oil sands mine in northern Alberta, citing uncertainty about Canada’s climate policy, underscores a global struggle to balance energy growth with environmental concerns. FILE PHOTO: Visitors pass a logo of Teck Resources Ltd mining company during the Prospectors
0 Comments
WINNIPEG, Manitoba (Reuters) – As Canadian Prime Minister Justin Trudeau considers whether to approve Teck Resources’ Frontier oil sands project, roughly 20 others sit on the shelf as companies delay investment decisions hoping for new pipelines and higher prices. FILE PHOTO: Canada’s Prime Minister Justin Trudeau speaks to news media in Ottawa, Ontario, Canada February
0 Comments
ISTANBUL/DUBAI (Reuters) – Eight people died and others were stuck under collapsed buildings in southeastern Turkey on Sunday after a magnitude-5.7 earthquake struck near the border with Iran, the Turkish government said as teams dug through rubble in nearby villages. Three of those killed were children and 21 people were injured, including eight critically, Turkey’s
0 Comments