California approves rule phasing out big diesel trucks

California approves rule phasing out big diesel trucks

SACRAMENTO, Calif. (AP) — New big rigs and buses that run on diesel would not be sold in California starting in 2036, according to new rules approved by state regulators Friday to wean the state off fossil fuels and combat climate change.

The rule would tackle pollution from heavy trucks used to transport goods through ports and require companies to disclose their use of these so-called drayage trucks by 2024.

TC Energy says ‘multiple’ asset sale negotiations underway in $5B divestment process

TC Energy says ‘multiple’ asset sale negotiations underway in $5B divestment process

TC Energy also provided an update on construction of its Coastal GasLink project, saying work is continuing in line with its revised cost and schedule and is now about 87 per cent complete. The company said it continues to target mechanical completion by late this year.
Earlier this year, TC Energy raised the projected cost of the Coastal GasLink project to $14.5 billion, up from an earlier estimate of $11.2 billion.

Iran TV airs footage of commandos seizing US-bound tanker

Iran TV airs footage of commandos seizing US-bound tanker

  DUBAI, United Arab Emirates (AP) — Masked Iranian navy commandos conducted a helicopter-borne raid to seize a U.S.-bound oil tanker in the Gulf of Oman, footage aired by Iran's state television showed Friday. The capture on Thursday of the Turkish-managed,...

Iran navy seizes tanker near Oman that was on way to Houston

Iran navy seizes tanker near Oman that was on way to Houston

Iran’s navy seized a Marshall Islands-flagged oil tanker in the Gulf of Oman on Thursday heading to the U.S. amid wider tensions over Tehran’s nuclear program, the latest-such capture in a waterway crucial for global energy supplies.
The U.S. Navy’s Mideast-based 5th Fleet identified the vessel as the Advantage Sweet. Satellite tracking data for the vessel from MarineTraffic.com showed it in the Gulf of Oman, just north of Oman’s capital, Muscat, on Thursday afternoon. It had just come from Kuwait and listed its destination as Houston.

TotalEnergies sells Canadian operations to Suncor in deal worth up to $6.1 billion

TotalEnergies sells Canadian operations to Suncor in deal worth up to $6.1 billion

French company TotalEnergies says it has signed a deal to sell its Canadian operations to Suncor Energy Inc. in an agreement worth up to $6.1 billion.

Under the deal, Suncor will pay $5.5 billion in cash, plus up to an additional $600 million that is conditional on Western Canadian Select benchmark oil pricing and certain production targets.

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