Focus on Oil
Global diesel prices to rely on refinery closures for support in 2025
About 1 million barrels per day of refining capacity in Europe and the U.S. is expected to permanently shut down next year.
Big oil eyes powering big tech’s data center demand
This comes after Exxon Mobil said it is adding carbon-capture to natural gas-fired power plants supplying data centers.
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...
