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FILE - People walk amid an oil spill in the Niger Delta in village of Ogboinbiri, Nigeria, Dec. 11, 2024. (AP Photo/Sunday Alamba, File)
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Nigeria moves to restart oil production in vulnerable region after Shell sells much of its business

ABUJA, Nigeria (AP) — The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered...

By Taiwo Adebayo3 Feb 2025The Associated Press
FILE PHOTO: The logo of Ecopetrol is pictured at its headquarters in Bogota, Colombia July 11, 2023. REUTERS/Luisa Gonzalez/File Photo
BusinessNewsOil

Colombia’s Ecopetrol renews joint venture with Occidental Petroleum in Permian basin

BOGOTA (Reuters) – Colombian energy company Ecopetrol said on Monday it has reached an agreement to renew its oil joint venture with Occidental...

By Reuters3 Feb 2025Reuters
FILE PHOTO: People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. REUTERS/Maxim Shemetov/File Photo
BusinessNewsOilPoliticsTrade

OPEC+ likely to stick to oil output hike plan, sources say

By Maha El Dahan, Ahmad Ghaddar and Olesya Astakhova LONDON (Reuters) -OPEC+ agreed to stick to its policy of gradually raising oil output...

By Maha El Dahan, Ahmad Ghaddar and Olesya Astakhova3 Feb 2025Reuters
FILE PHOTO: Chevron logo and stock graph are seen through magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceFuelNewsOil

Chevron misses earnings estimate as refining posts first loss in four years

The second-largest U.S. oil producer posted total earnings of $3.24 billion for the three months ended Dec. 31.

By Shariq Khan, Sheila Dang and Seher Dareen31 Jan 2025Reuters
FILE PHOTO: A general view of the commercial harbour of Syria's coastal city of Tartous, Syria, December 14, 2024. REUTERS/Umit Bektas/File Photo
FuelLiquefied Petroleum GasNewsOilPoliticsTrade

Syria turns to intermediaries for oil imports after low interest in tenders, sources say

Syria's civil war decimated the country's energy industry and the new government faces an uphill battle to restore energy security.

By Robert Harvey, Ahmad Ghaddar, Enes Tunagur and Jonathan Saul31 Jan 2025Reuters
FILE PHOTO: A pump is seen at a gas station in Manhattan, New York City, U.S., August 11, 2022. REUTERS/Andrew Kelly/File Photo
FuelNewsOilPoliticsTrade

Oil prices rise amid US tariff threat but still set for weekly loss

Trump has threatened to impose a 25% tariff as early as Saturday on Canadian and Mexican exports to the United States.

By Arathy Somasekhar30 Jan 2025Reuters
Shell Canada Ltd. is exiting the oilsands in a deal with Canadian Natural Resources Ltd. in an agreement that will see it increase its stake in the Scotford upgrader and Quest Carbon Capture and Storage facility. A Shell logo is seen at a gas station in London, on March 8, 2022. THE CANADIAN PRESS/AP/Frank Augste
BusinessCarbon ManagementFuelLiquefied Natural GasNewsOil

Shell exits oilsands, boosts stake in Scotford upgrader and Quest carbon facility

The deal will boost Shell's interest in the upgrader and carbon capture facility to 20 per cent.

By CP30 Jan 2025The Canadian Press
The two North Sea oil and gas fields were originally approved by the previous Conservative government (AFP)
BusinessCourtsFuelNatural GasNewsOilPolitics

Scottish court rules against two new North Sea oil and gas fields

Environmental campaigners called the court's decision a "historic win".

By James Pheby30 Jan 2025Agence France-Presse
Shell's net profit reached $16.1 billion last year (GETTY IMAGES NORTH AMERICA)
BusinessFinanceFuelNatural GasNewsOil

Shell annual profit drops to $16 bn as oil prices fall

In late 2024, Shell announced it was cutting hundreds of jobs from its oil and gas exploration division to reduce costs.

By Ben Perry30 Jan 2025Agence France-Presse
FILE PHOTO: An oil pump of IPC Petroleum France is seen at sunset outside Soudron, near Reims, France, August 24, 2022. REUTERS/Pascal Rossignol/File Photo
BusinessFuelNewsOil

Oil steady as markets await clarity on tariffs by Trump on Canada, Mexico

Analysts say traders have already priced in Trump's tariffs: "(this is) a major reason why crude oil is trading where it is."

By Erwin Seba29 Jan 2025Reuters

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3 Feb 2025UK PA Media
FILE - People walk amid an oil spill in the Niger Delta in village of Ogboinbiri, Nigeria, Dec. 11, 2024. (AP Photo/Sunday Alamba, File)

Nigeria moves to restart oil production in vulnerable region after Shell sells much of its business

3 Feb 2025The Associated Press
FILE PHOTO: A general view of a Tesla store in Porsgrunn, Norway, December 24, 2021. REUTERS/Victoria Klesty/File Photo

Tesla loses market share in Sweden, Norway as Musk looms large

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Norway nears 100% goal of all-electric cars

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FILE PHOTO: Oil pumpjacks and tanks are pictured in a farmer's field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo

US oil imports from Canada hit record ahead of tariff threat, EIA data shows

8 Jan 2025Reuters
dian oil and gas stocks climbed Monday as the country's energy sector absorbed the news of Prime Minister Justin Trudeau's resignation. Pumpjacks draw out oil and gas from wells near Calgary on Monday, Sept. 18, 2023. THE CANADIAN PRESS/Jeff McIntosh

Canadian oil stocks climb as industry absorbs news of Trudeau resignation

6 Jan 2025The Canadian Press

Australia needs better ways of storing renewable electricity for later. That’s where ‘flow batteries’ can help

4 Jan 2025The Conversation
Solar car port generating green electricity with cars parked at a parkade at the Telus Science Center in Calgary, Alta., on Oct. 30, 2024. (Ramon Cliff/Alamy via Reuters)

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