Saturday, 25 January 2025

Focus on Oil

FILE PHOTO: Russian President Vladimir Putin attends a press conference following the Collective Security Treaty Organisation (CSTO) summit in Astana, Kazakhstan, November 28, 2024. Sputnik/Ramil Sitdikov/Kremlin via REUTERS/File Photo
NewsOilPoliticsTrade

Putin says he and Trump should meet to discuss Ukraine and energy prices

Putin seeks a meeting with Trump to discuss Ukraine and energy, but insists Zelenskiy must lift his ban on talks first.

People run as smoke rises from an explosion during what the governor of Russia's Ryazan region southeast of Moscow describes as an air attack, in Ryazan, Ryazan Region, Russia in this still image obtained from social media video released January 24, 2025. Social Media/via REUTERS
NewsOilPolitics

Ukrainian drones hit big Russian oil refinery at Ryazan, sources say

Ukrainian drones strike Russian oil refinery in Ryazan, sparking fire, damaging key units processing five per cent of Russia's oil.

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
BusinessNewsOilPoliticsTrade

India says sanctioned Russian oil tankers can discharge before Feb 27

By Nidhi Verma NEW DELHI (Reuters) – The United States has clarified to India that tankers loaded with Russian oil have to discharge...

People follow a virtual speech of U.S. president Donald Trump at the Annual Meeting of World Economic Forum in Davos, Switzerland, Thursday, Jan. 23, 2025. THE CANADIAN PRESS/AP-Markus Schreiber
AnalysisBusinessOilPolitics

Trump’s call for OPEC to bring down cost of oil conflicts with his agenda: experts

WASHINGTON — Experts say U.S. President Donald Trump’s push for the OPEC+ alliance of oil exporting countries to bring down the cost of...

FILE PHOTO: A polar bear sow and two cubs are seen on the Beaufort Sea coast within the 1002 Area of the Arctic National Wildlife Refuge in this undated handout photo provided by the U.S. Fish and Wildlife Service Alaska Image Library on December 21, 2005.  U.S. Fish and Wildlife Service/Handout via REUTERS/File Photo
BusinessEconomyNewsOil

Oil industry unlikely to rush to Alaska despite Trump’s call to drill

By Sheila Dang and Valerie Volcovici HOUSTON/WASHINGTON (Reuters) – U.S. oil and gas companies are unlikely to expand development in Alaska and the...

Nova Scotia Premier Tim Houston arrives for a first ministers meeting in Ottawa on Jan. 15. THE CANADIAN PRESS/Sean Kilpatrick
BusinessEconomyEnvironmentNewsOilPolitics

Fishers worried by N.S. premier’s musings over lifting oil-exploration moratorium

HALIFAX — Nova Scotia seafood industry representatives voiced concerned Thursday over comments from the premier that he’s open to ending a moratorium on...

FILE PHOTO: The logo of American oil and natural gas exploration and production company ConocoPhillips is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessNatural GasNewsOil

ConocoPhillips takes over as sole operator of gas project in Malaysia, Petronas says

(Reuters) – Malaysia’s Petronas on Thursday said it has officially transferred its contractual right for a cluster of oil and gas fields in...

FILE - A drill rig stands at a Fervo Energy geothermal site near Milford, Utah, Nov. 26, 2023. (AP Photo/Ellen Schmidt, File)
ElectricityGeothermalNatural GasNewsOilPolitics

With Trump pivot back to pro-oil and gas policies, one renewable energy finds favor

As promised, President Donald Trump began reversing the country’s energy policies his first day in office with a spate of orders largely favoring...

The poll found Scots would rather oil and gas came from the UK than from abroad (PA)
BusinessEconomyNatural GasNewsOilPolitics

Most Scots want more North Sea oil and gas to meet energy needs, poll finds

More than seven in 10 Scots back drilling in the North Sea to reduce the country’s reliance on foreign imports, a survey has...

US President Donald Trump seeks to increase US oil production under his administration -- such as at this refinery in Detroit, Michigan -- but he may face challenges outside of his control (AFP)
AnalysisBusinessNatural GasOil

Trump push to ‘drill, baby, drill’ may hit industry roadblock

President Donald Trump wants to boost US oil production, pledging to bring costs down as he returned to office this week — but...

Login into your Account

Please login to like, dislike or bookmark this article.