Sunday, 19 January 2025

Focus on Oil

FILE PHOTO: U.S. President-elect Donald Trump delivers remarks at Mar-a-Lago in Palm Beach, Florida, U.S., December 16, 2024. REUTERS/Brian Snyder/File Photo
FuelNatural GasNewsOilPoliticsTrade

Trump says EU should make up ‘tremendous deficit’ with US by purchasing its oil and gas

U.S. crude oil exports to northwest Europe are likely to slip early next year after hitting a record high in November.

FILE PHOTO: AI (Artificial Intelligence) initials are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
FuelInfrastructureNatural GasNewsOilSolarWind

AI data centres to bolster renewable energy demand even under Trump, says MUFG Americas CEO

"The new administration will be more constructive on fossil fuels, but that doesn't mean renewables go away."

Alaska Gov. Mike Dunleavy holds during a news conference on Thursday, Dec. 12, 2024, in Juneau, Alaska, outlining his budget proposal for the coming year. (AP Photo/Becky Bohrer)
Carbon ManagementClimateEnvironmentFuelNatural GasNewsOil

Alaska governor asks Trump to roll back restrictions on oil and gas drilling

Alaska Gov. Mike Dunleavy’s wants to expand oil and gas exploration in the Arctic National Wildlife Refuge.

FILE PHOTO: Very Large Crude Carriers (VLCCs) line up at the Port of Corpus Christi, where they are being loaded with crude oil for shipping worldwide, in this handout picture taken July 2022. Port of Corpus Christi/Handout via REUTERS/File Photo
FuelNewsOilPoliticsTrade

U.S. crude exports to Europe expected to fall in Jan as shipping economics weaken

The decline in stockpiles means U.S. barrels are being priced to stay at home.

A United States Postal Service (USPS) collection box is pictured in Washington, U.S., December 18, 2024. REUTERS/Benoit Tessier
AutomotiveCourtsElectric Vehicles (EVs)EmissionsEnvironmentNatural GasNewsOilPoliticsTransport

States, environmental groups drop lawsuit over US Postal Service EV purchase plans

The lawsuit sought to block the U.S. Postal Service's plan to buy mostly gas-powered, next-generation delivery vehicles.

FILE - In this photo made with an Optical Gas Imaging thermal camera, a plume of heat from a flare burning off methane and other hydrocarbons is detected in the background next to an oil pumpjack as a cow walks through a field in the Permian Basin in Jal, N.M., Oct. 14, 2021. (AP Photo/David Goldman, File)
ClimateEmissionsEnvironmentFuelNatural GasNewsOil

Harmful gas billowing from Texas and New Mexico comes mostly from smaller leaks, researchers say

The most productive oil and gas region in the world emits huge amounts of powerful greenhouse gas.

Vermilion Energy Inc. raised its dividend as it outlined a capital spending plan of $600 million to $625 million for 2025. The corporate logo of Vermilion Energy Inc. is shown. THE CANADIAN PRESS/HO
BusinessFinanceFuelNatural GasNewsOil

Vermilion Energy raises dividend, plans $600M-$625M capital spending for 2025

The company will pay a quarterly dividend of 13 cents per share, up from 12 cents per share.

Gold production shot up from 13 to 51 tonnes between 2012 and 2023 (AFP)
AnalysisCritical MineralsFuelMineralsMiningNatural GasNewsOil

Ivory Coast wants bigger share of its mining boom

Huge deposits of natural resources — including oil, gas and gold — have pushed the country's economy in a new direction.

FILE PHOTO: Australia's Woodside Energy Group's exhibition booth is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. REUTERS/Florence Tan/File Photo
BusinessFuelNatural GasNewsOil

Chevron, Woodside in Western Australia LNG asset swap deal

Australian energy giant Woodside Energy is exiting the $34 billion Wheatstone LNG project.

FILE - Youth plaintiffs in the Held v. Montana climate case leave the Montana Supreme Court, on July 10, 2024, in Helena, Mont. (Thom Bridge/Independent Record via AP, File)
CourtsEmissionsNatural GasNewsOilPoliticsUtilities

Global warming can’t be ignored, Montana’s top court says, upholding landmark climate case

Montana's top court found a policy that prevented the state from considering the effect of GHGs in issuing permits for fossil fuel projects...

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