Focus on Oil
EU conservatives seek to stall 2035 combustion engine ban
EU's conservative bloc seeks to reverse 2035 combustion engine ban, citing automotive industry challenges and economic concerns.
OPEC again cuts 2024, 2025 oil demand growth forecasts
OPEC's forecast on global oil demand marks its fifth consecutive downward revision in its monthly report.
Trump plans major reshaping of U.S. policies within hours of taking office
Trump's new orders include a drive to follow through on his vow to "drill, baby, drill" and "frack, frack, frack."
Shell and Greenpeace settle legal action over ship protest
Shell and Greenpeace settle a High Court case after activists boarded a ship in the Atlantic Ocean.
US Supreme Court examines Utah railway in environmental review fight
The project involves an 88-mile railway in northeastern Utah for transporting waxy crude oil.
Kinder Morgan forecasts higher profit in 2025
The company said it was expecting an adjusted earnings per share of $1.27, up eight per cent compared with its forecast of $1.17...
California law, refinery exit reflect ongoing fuel market challenges, EIA says
Fuelmakers in California could face more headwinds next year as new legislation takes effect and refining margins remain weak.
US to offer oil and gas leases in Alaska wildlife refuge on Jan. 9
Biden administration to auction 400,000 acres in Alaska's Arctic Refuge for drilling, sparking environmental and economic debates.
US average gasoline price drops below $3 a gallon for the first time since 2021
U.S. gas prices drop below $3/gallon for the first time since 2021, offering relief to consumers amid broader inflationary pressures.
Oilfield services provider Flowco shows revenue surge in US IPO filing
Flowco Holdings has filed for a U.S. IPO, targeting a potential $2 billion valuation and listing on the NYSE under the ticker 'FLOC.'
