Energy

Exclusive: Scientists detect second ‘large’ methane leak at Mexico’s Pemex oilfield

The logo of Mexican oil company Pemex is seen at a petrol station in Mexico City August 28, 2014. REUTERS/Edgard Garrido Join now for FREE unlimited access to Reuters.com Register MEXICO CITY, Sept 2 (Reuters) – Satellites recorded another major methane leak at an offshore platform owned by Pemex in Mexico in August, exclusive data …

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U.S. court ruling overturns blocking Hydro-Quebec power plan in Maine

Central Maine Power utility lines in Pownal, Maine on October 6, 2021.Robert F. Bukaty/Associated Press Maine’s highest court has sided with Hydro-Quebec and its business partner, Avangrid Inc., in a high-profile dispute over a new power transmission line that would carry Canadian hydroelectricity to New England, giving further impetus to the utility’s ambitions to supply …

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Indian tycoon Adani’s ‘deeply exploited’ empire: CreditSights

Indian billionaire Gautam Adani’s conglomerate is ‘deeply in debt’ as the group invests aggressively in existing and new businesses, Fitch Group unit CreditSights said, warning of a potential default by one or more group companies . The investments are primarily debt-funded, resulting in high leverage which has “understandably caused concern about the group as a …

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Opinion: Why Biden’s landmark climate bill could be a big win for Canada

GM workers use human assistance automation to weld vehicle doors at the General Motors assembly plant during the COVID-19 pandemic in Oshawa, Ontario on March 19, 2021.Nathan Denette/The Canadian Press Washington has given Canada’s electric vehicle and clean technology industries a big gift, in the form of a landmark climate bill that creates new incentives …

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Renewable Energy

Canada’s oil province will soon be a leader in renewable energy | OilPrice.com

The Canadian province of Alberta, home to the country’s oil and gas sector for decades, is expected to see an increase in its renewable energy capacity in the coming years, attracting investment given its vast natural resources and its favorable regulatory landscape. The country’s total renewable energy capacity is expected to grow from 19.6 gigawatts …

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