Focus on Fuel
China’s imports of Russian oil near record high in March
China's oil imports from Russia, including supplies via pipelines and sea-borne shipments, jumped 12.5% on the year to 10.81m metric tons
Climate targets group’s CEO to ease concerns over carbon offset plan
The CEO of the SBTi sought to reassure critics' concerns over the plan to allow companies to use carbon credits to offset greenhouse...
TC Energy reduces pressure on Alberta pipeline segment as rupture investigation continues
TC Energy Corp. says it has reduced the pressure on a segment of its NGTL pipeline system in Alberta while an investigation continues...
Honda to invest $80M in Brazil by 2030, develop hybrid-flex vehicle
Japanese automaker Honda aims to develop a hybrid-flex vehicle in Brazil — the latest in a series of fresh investments by automakers such...
EPA allowing summer sales of higher ethanol gasoline blend, citing global conflicts
The U.S. Environmental Protection Agency announced an emergency waiver that will exempt gasoline blended with 15% ethanol from an existing summertime ban.
US to launch carbon offset guidelines to boost integrity
New U.S. guidelines for the use of carbon offsets inside and outside of government meant to build confidence in the market and ensure...
US EPA allows temporary expansion of higher-ethanol gasoline blend
The Environmental Protection Agency will expand sales of higher-ethanol blends of gasoline to reduce potential supply disruptions amid global conflicts
Oilfield firm SLB’s profit rises on international drilling demand
Strong oil and gas drilling demand in the Middle East and Africa helped offset weakness in North American activity
Spanish government signals openness to TAQA’s bid for Naturgy
Spain on Friday signalled it was open to a potential takeover bid of energy firm Naturgy by Abu Dhabi's TAQA
BP settles boat captain’s lawsuit over injuries from Gulf oil spill cleanup
After more than a decade of litigation following the largest offshore U.S. oil spill, John Maas may well be the only person to...
