Focus on Fuel
Wintershall Dea management board to step down after Harbour Energy deal closed
Wintershall Dea says its current management board will step down after the transfer of its non-Russian oil and gas assets to Britain's Harbour...
Russia does not rule out LNG exports stagnating in next 4 years
Russia's LNG exports could stagnate in the next four years, two Economy Ministry scenarios suggest. Is this a sign that Western sanctions might...
Pressure on gas and LNG prices to help switch from coal, says J.P. Morgan
Gas prices to come down as growth in output will boost efforts to transition industries away from coal, says report.
New tech helps US shale oil industry start to rebuild well productivity
Simul-fracking and electric pumps allow faster, cheaper and higher-yielding oil extraction as industry faces fall in Texas production.
UK share of power from gas and coal hits hour-long record low of 2.4%
Statistics show burning of fossil fuels makes up a decreasing amount of UK electricity generation as country pursues 100% zero carbon power goals.
Trans Mountain expects first ship to load from expanded pipeline in second half of May
The expanded pipeline will carry an extra 600,000 barrels per day (bpd) of oil from Alberta to Canada's Pacific coast and is set...
Canada’s finance minister: $5B just a start for Indigenous loan guarantee program
The $5-billion announced for an Indigenous loan guarantee program in Canada's 2024 budget is just a start: Finance Minister Chrystia Freeland
Talks on global plastic treaty begin in Canada
During talks in Kenya in November, a draft agreement leapt from 30 to 70 pages, with oil-producing nations such as Saudi Arabia recording...
AI boom to fuel natural gas demand in coming years: analysis
A spike in power usage from artificial intelligence data centers could significantly boost natural gas demand in the second half of the decade:...
Russia cuts crude oil export price forecast to $65 per barrel in 2024-27
The Russian economy ministry has downgraded its forecasts for the country's crude oil export prices for the next three years to $65 per...
