Focus on Oil
US EPA says it hasn’t yet decided on California 2035 vehicle waiver
The U.S. EPA says it has not made a decision yet on whether to approve California's plan to end the sale of gasoline-only...
Yellen won’t rule out sanctions on Chinese banks, curbs on ‘dark fleet’ oil tankers
Yellen signals new sanctions on Russian oil and Chinese banks to curb funding for the Ukraine war amid a softer oil market.
Cuba runs short on fuel at pump as energy crisis festers
Cuba faces severe fuel shortages, with closed gas stations and long lines, compounding the impact of recent blackouts.
US House panel finds BlackRock, other asset managers leery of joining climate initiative
U.S. asset managers avoided climate initiatives fearing regulatory scrutiny, as GOP alleges a "climate cartel" collusion scheme.
Trafigura net profit, equity drops after Mongolia fraud
As its earnings fall, the Geneva-based firm faces possible fines as a result of a corruption trial in Switzerland.
Shale drilling techniques could lead to a geothermal surge, IEA says
Geothermal is suited to providing the massive amounts of stable energy data centres require, according the the head of the IEA.
Wisconsin tribe and other groups move to block pipeline reroute plans
A Wisconsin tribe and environmental groups filed a lawsuit to block Enbridge's pipeline reroute, citing environmental risks and regulatory failures.
Suncor to increase oil and gas output by up to five per cent in 2025
Suncor Energy plans to boost oil output by up to five per cent in 2025, targeting production of 810,000 to 840,000 barrels per...
New Jersey, home to many oil and gas producers, eyes fees to fight climate change
New Jersey's oil and natural gas facilities would be charged climate-related fees under a bill being considered in the Legislature.
