Saturday, 18 January 2025

Focus on Oil

The sun sets behind an oil drilling rig in Prudhoe Bay, Alaska on March 17, 2011.  REUTERS/Lucas Jackson/File Photo
CourtsEnvironmentMiningNatural GasNewsOilPolitics

Republican-led states sue Biden administration over offshore drilling ban

Republican-led states sue over Biden's ban on new offshore oil and gas projects along most U.S. coastlines.

Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
FuelLegislationNatural GasNewsOilTrade

US FTC finalizes consent order for $53 billion Chevron-Hess merger

The U.S. Federal Trade Commission approves a consent order to resolve antitrust issues in Chevron's $53B Hess takeover.

Imperial Oil logo at the company's annual meeting in Calgary on April 28, 2017. THE CANADIAN PRESS/Jeff McIntosh
NewsOilRegulations

Alberta Energy Regulator lays nine charges against Imperial Oil for 2023 spill

Alberta charges Imperial Oil over 5.3M-litre toxic wastewater spill at Kearl site, citing environmental and reporting failures.

FILE PHOTO: Holding tanks are seen in an aerial photograph at Colonial Pipeline's Charlotte Tank Farm in Charlotte, North Carolina, U.S. May 10, 2021. REUTERS/Drone Base/File Photo
InfrastructureNatural GasNewsOilTransmission

Colonial Pipeline restarts main gasoline artery after fixing leak in Georgia

Colonial Pipeline restarts Line 1 after Georgia leak, restoring gasoline supply to East Coast markets with minimal disruptions.

FILE PHOTO: The new logo of SLB is seen in this undated handout image obtained by Reuters on October 19, 2022. SLB/Handout via REUTERS/File Photo
BusinessNewsOil

SLB says its Russia business aligns with new US sanctions as revenue drops

SLB said its current business in Russia still aligns with new U.S. sanctions on Russia, but that revenue in the country was declining.

FILE PHOTO: Oil pump jack is seen in front of displayed U.S. flag in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BiodiversityNatural GasNewsOilPolitics

Biden administration moves to protect more of Alaska refuge from drilling

Biden moves to protect more of Alaska's ANWR from drilling, complicating Trump's pro-oil development plans.

FILE PHOTO: Plastic letters arranged to read "Sanctions" are placed in front of Russian flag colors in this illustration taken February 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
FuelNewsOilPoliticsTrade

Tanker under US sanctions discharges oil at Chinese port, LSEG data shows

The tanker is the first since last week's sanctions announcement to discharge in Shandong province.

FILE PHOTO: North Dakota Governor Doug Burgum speaks in the spin room, ahead of the debate between Republican presidential nominee and former U.S. President Donald Trump and Democratic presidential nominee and U.S. Vice President Kamala Harris, in Philadelphia, Pennsylvania, U.S., September 10, 2024. REUTERS/Evelyn Hockstein/File Photo
ClimateElectionsEnvironmentFuelNatural GasNewsOilPoliticsRegulations

Trump’s Interior Department nominee says boosting energy key to US security

Doug Burgum will vigorously pursue Trump’s goals of maximizing energy production from America’s public lands and waters.

FILE PHOTO: Signage is seen outside a BP (British Petroleum) petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo
BusinessFuelLabourNewsOil

BP cuts over 5% of workforce to reduce costs

BP told staff that 3,000 contractor positions will also be cut.

Chinese President Xi Jinping (R) shakes hands with Sri Lankan President Anura Kumara Dissanayake during a signing ceremony at the Great Hall of the People in Beijing on January 15, 2025 (POOL)
BusinessFuelNewsOilPoliticsTrade

Sri Lanka signs landmark $3.7 bn deal with Chinese state oil giant

Sinopec has agreed to invest $3.7 billion to construct a "state-of-the-art oil refinery" with a capacity of 200,000 barrels in Sri Lanka.

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