Focus on Fuel
Column: China response key to crude oil after new sanctions on Russia
China may cut crude imports and tap inventories as U.S. sanctions on Russian oil disrupt supply, pressuring global prices.
Trump’s Energy Dept pick wants to develop renewables… and fossil fuels
Wright advocated for renewable energy and referred to the warming planet as a fact, while still pushing for increased use of fossil fuels.
Trump to end need for some LNG export permit renewals, sources say
Trump plans to end LNG export permit renewals, aiming to boost projects stalled by Biden's restrictions, sources reveal.
US proposes new regulations for carbon dioxide pipeline safety
The new regulations will for the first time establish new norms for transporting carbon dioxide in a gaseous state via pipeline.
Canada’s public pension holdings in natural gas companies a risk: report
Report raises alarms over public pension investments in natural gas, warning they risk becoming stranded assets amid the energy transition.
Civitas Resources weighs sale of DJ Basin assets, Bloomberg News reports
Civitas Resources is considering selling its Denver-Julesburg Basin assets, potentially valued over $4 billion, to focus on Permian.
Energy minister makes the case for U.S.-Canada energy alliance in Washington
Wilkinson told US lawmakers that there is no better way to achieve economic dominance and strength against China than to work with Canada.
Oil tycoon Shvidler says UK sanctions are arbitrary in landmark appeal
In the first case of its kind to reach the UK's Supreme Court, a billionaire oil tycoon challenges UK sanctions.
Russian oil products trapped at sea by US sanctions, LSEG data shows
Nearly 500,000 metric tons of Russian oil products are trapped on tankers hit by U.S. sanctions, LSEG data showed on Wednesday.
Trump’s energy department pick calls for more LNG and nuclear power
Trump's Energy Department pick, Chris Wright, prioritizes expanding U.S. energy production.
