Focus on Oil
Carbon Tracker report: No oil and gas majors aligned with climate targets
All major oil and gas companies plan fossil fuel expansion incompatible with limiting warming to 1.5 degrees Celsius, a new report said Wednesday....
Manitoba premier says he’s considering extending tax holiday on fuel
WINNIPEG — Manitoba Premier Wab Kinew said Tuesday he is considering extending his government’s fuel-tax holiday, which is set to expire at the...
BP oil refinery in Indiana resumes normal operations weeks after power outage, temporary shutdown
WHITING, Ind. (AP) — BP’s sprawling oil refinery in northwest Indiana has resumed normal operations more than six weeks after a power outage...
US oil stockpile to be refilled this year: Energy secretary
The United States plans to refill its strategic oil reserve by the end of 2024 after the stockpiles reached historic lows last year,...
EU, Egypt agree 7.4 bn euro deal focussed on energy, migration
The EU chief and five European leaders visited cash-strapped Egypt on Sunday to announce a 7.4-billion-euro financial package focussed on boosting energy trade...
Shell weakens climate targets with growing bet on gas
LONDON – Shell weakened a 2030 carbon reduction target and scrapped a “perilous” 2035 objective, citing expectations for strong gas demand and uncertainty...
Oil shippers demand explanation from Trans Mountain for pipeline cost overruns
CALGARY — A group of oil shippers is asking the Canada Energy Regulator to compel the company behind the Trans Mountain pipeline expansion...
Shell waters down part of its 2030 carbon reduction pledge
Energy giant Shell has watered down one of its climate pledges because of a change to its strategy in the electricity sector. The...
Alberta First Nations want Ottawa to class oilsands tailings component as toxin
Two Alberta First Nations have asked the federal government to examine whether a component of oilsands tailings pond water known to harm fish...
