Focus on Oil
Oilfield service consolidation to increase under Trump, report says
Deals in the oilfield services sector in the first nine months of 2024 reached $19.7 billion.
North Dakota governor charts his path to Interior with a rosy state oil and gas outlook
President-elect Trump taps ND Gov. Burgum as Interior Secretary with a mandate to "Drill baby drill," boosting U.S. energy dominance.
Shell slows investments in offshore wind, splits power business
Shell scales back new offshore wind investments, splits power division to cut costs, and boosts focus on oil and gas.
TotalEnergies to buy German renewables developer VSB for $1.65 billion
TotalEnergies to buy German renewables firm VSB for €1.57B, boosting its wind, solar, and battery projects in key markets.
Millions of people in Cuba without power after grid collapse
Cuba's outdated oil-fired power plants reached a crisis point this year, contributing to multiple blackouts.
Imperial Oil reports biomass spill into St. Clair River in Ontario
Imperial Oil Ltd on Tuesday said it is currently managing a minor biomass spill into the St. Clair River from its water treatment...
Exxon names former GM president to run oil and gas business
Exxon names former GM exec Dan Ammann to lead oil and gas unit, signaling continued management reshaping with outsiders.
Enbridge raises quarterly dividend by 3%, release financial guidance for 2025
Enbridge boosts 2025 dividend by three per cent, forecasts nine per cent earnings growth driven by strong utilization and new projects.
US ‘disappointed’ after plastic pollution talks collapse: White House
The U.S. expressed disappointment as nations failed to reach a global plastic waste treaty, blaming a 'small group' of blockers.
