Wednesday, 22 January 2025

Focus on Fuel

Iraqi Prime Minister Mohammed Shia al-Sudani (L) met British counterpart Keir Starmer as he visits London (POOL)
ElectricityNatural GasNewsOilTrade

BP nears deals for oil fields, curbs on gas flaring in Iraq

The mega-project in northern Iraq will include plans to recover flared gas to boost the country's electricity production.

Protesters are seen gathered outside the offices of the Alberta Energy Regulator as public hearings take place inside, in Calgary, Alta., Tuesday, Jan. 14, 2025. THE CANADIAN PRESS/Matthew Scace
BusinessClimateCoalCourtsEconomyEmissionsEnvironmentMiningNewsPoliticsRegulations

Albertans await decision on potential coal mine as public hearings wrap up

Protests mark final hearing on controversial Alberta coal mine, as decision nears on Northback Holdings' project.

FILE PHOTO: Liberty Oilfield Services Inc. CEO Chris Wright rings a ceremonial bell on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., January 12, 2018.  REUTERS/Lucas Jackson/File Photo
BusinessElectricityEmissionsFuelNewsPolitics

Senate Democrats urge Republican to delay hearing for Chris Wright

Democrats urge delay in confirmation hearing for Trump's energy nominee Chris Wright, citing missing ethics paperwork.

FILE PHOTO: Holding tanks are pictured at Colonial Pipeline's Linden Junction Tank Farm in Woodbridge, New Jersey, U.S., May 10, 2021. REUTERS/Hussein Waaile/File Photo
InfrastructureLiquefied Petroleum GasNewsOilRegulationsTransmission

Colonial Pipeline shuts main gasoline artery after potential gasoline spill

Colonial Pipeline shuts main gasoline line after potential leak in Georgia; traders expect service to resume tonight.

FILE PHOTO: A crude oil tanker sails in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel/File Photo
MaritimeNewsOilPoliticsRegulationsTradeUnited Nations

Risks from unregulated tanker fleet rising, UN shipping chief says

UN shipping chief warns shadow fleet poses rising risks to environment, seafarers amid sanctions on Russia, Iran, Venezuela.

FILE PHOTO: A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo
BusinessEconomyNewsOil

EIA expects oil prices to be under pressure from oversupply in 2025, 2026

U.S. oil production is poised to set a larger record this year than prior estimates, the EIA said in its Short-Term Energy Outlook...

FILE PHOTO: A view shows pipelines at a gas processing facility, operated by Gazprom company, at Bovanenkovo gas field on the Arctic Yamal peninsula, Russia May 21, 2019. Picture taken May 21, 2019. REUTERS/Maxim Shemetov/File Photo
AnalysisOilPoliticsTrade

Analysis: Russia’s Arctic oil feels the chill from US sanctions

US sanctions disrupt Russia's Arctic oil, stranding supplies and impacting global markets.

A wide-angle view of a motorway congested with traffic, with cars bumper-to-bumper in all lanes.
AutomotiveElectric Vehicles (EVs)EmissionsFuelNewsRegulations

Global road transport emissions to peak in 2025: study

CO2 emissions from road transport could peak worldwide this year thanks to rapid growth in EVs and stricter regulations.

FILE PHOTO: The Houston Ship Channel, part of the Port of Houston, is seen in Pasadena, Texas, U.S., May 5, 2019.  REUTERS/Loren Elliott/File Photo
BusinessNewsOilTrade

Peru’s niche Bretaña crude oil gains popularity in US

The U.S. Gulf Coast receives its first Bretaña oil cargo this month as refiners seek alternatives to declining Mexican heavy crude.

FILE PHOTO: European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo
BusinessNewsOilPoliticsTrade

Six EU countries call for lowering of G7 price cap on Russian oil

EU nations urge lowering the $60 Russian oil cap to cut war funds, aiming for peace without market shock.

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