Wednesday, 5 February 2025

Focus on Oil

NewsOilPoliticsTransmission

Canada regulator orders Trans Mountain to address deficiencies after B.C. flooding

By Ismail Shakil and Nia Williams OTTAWA (Reuters) – The Canada Energy Regulator (CER) has ordered the Trans Mountain pipeline expansion project to...

NewsOilTransmission

Regulator calls out Trans Mountain for ‘environmental non-compliance’ in B.C.

CALGARY — The company building the Trans Mountain pipeline expansion has been cited for environmental non-compliance related to its management of recent flooding...

BusinessClimateEmissionsFinanceNewsOil

Dutch fund leading climate talks with Shell quits most oil investments

By Ron Bousso LONDON (Reuters) -A Dutch pension fund leading climate talks with Shell has divested its holdings in Europe’s top oil and...

Natural GasNewsOilPolitics

ExxonMobil to explore for oil and gas in offshore area under dispute by Guyana and Venezuela

GEORGETOWN, Guyana (AP) — ExxonMobil said it plans to explore for oil and gas in a disputed area off South America’s coast where...

EnvironmentOilTransmission

Cargo train locomotive derails in Colorado, spilling 100s of gallons of diesel

LOVELAND, Colo. (AP) — The locomotive of a cargo train derailed in northern Colorado early Wednesday, spilling hundreds of gallons of diesel, authorities...

CoalElectricityEmissionsEnvironmentOilPoliticsResiliency

Biden sets tighter standards for deadly soot pollution from tailpipes, smokestacks

WASHINGTON (AP) — The Biden administration is setting tougher standards for deadly soot pollution, saying that reducing fine particle matter from tailpipes, smokestacks...

BusinessNewsOil

Athabasca, Cenovus close creation of new Duvernay Energy Corp. joint venture

CALGARY — Athabasca Oil Corp. and Cenovus Energy Inc. have closed a previously announced deal creating a new joint venture stand-alone company called...

BusinessNewsOil

Precision Drilling reports $146.7M Q4 profit, revenue edged lower

CALGARY — Precision Drilling Corp. says it earned $146.7 million in its latest quarter, up from a profit of $3.5 million a year...

NewsOilPolitics

Appeals court weighs whether to let stand Biden’s approval of Willow oil project in Alaska

JUNEAU, Alaska (AP) — An appeals court panel is deciding whether to let stand the Biden administration’s approval of the massive Willow oil...

EmissionsEnvironmentNewsOil

Colorado fines Suncor US$10.5 million for air pollution violations

DENVER — The state of Colorado is fining Suncor Energy Inc. US$10.5 million for air pollution violations. In a news release, the Colorado...

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