Saturday, 2 August 2025

Focus on Oil

EmissionsEnvironmentNewsOilRegulations

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...

FILE PHOTO: General Motors President Dan Ammann speaks during GM's press conference at the North American International Auto Show in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Rebecca Cook/File Photo
BusinessIndustryInfrastructureNatural GasNewsOil

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 Inc. raised its quarterly dividend for next year as it released its financial guidance for 2025. The Enbridge Cheecham Terminal, an oil storage terminal, southeast of Fort McMurray, Alta. is shown on Tuesday, April 23, 2024. THE CANADIAN PRESS/Amber Bracke
BusinessEconomyLiquefied Natural GasNatural GasNewsOil

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.

An image of the talks' chair, Luis Vayas Valdivieso, sitting in formal wear in the middle of striking a gavel.
EnvironmentLegislationManufacturingNewsOilRegulations

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.

Vehicles pass in front of an Exxon service station in Bethesda, Maryland, U.S., November 25, 2024. Picture taken with long exposure. REUTERS/Raphael Satter/File Photo
BusinessFuelLiquefied Petroleum GasNatural GasNewsOil

Exxon weighs sale of Singapore fuel stations for $1 billion, Bloomberg News reports

The sale could help Exxon fund higher-growth projects, with energy firms and investment funds showing early interest.

FILE PHOTO: The logo of American multinational oil and gas corporation ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessCarbon ManagementNatural GasNewsOilRegulations

Exxon talks continue on shallow-water block in Guyana auction, company says

Exxon, Hess, and CNOOC continue talks with Guyana on shallow-water block S8 amid earlier auction withdrawal confusion.

Workers facing redundancy at Grangemouth oil refinery have the ‘sought-after skills’ to work on improving Scotland’s electricity networks, ScottishPower has said (Gareth Fuller/PA)
BusinessEconomyElectricityLabourNewsOilPolitics

Grangemouth workers have ‘sought-after skills’ for power grid work, says ScottishPower

ScottishPower seeks skilled workers from Grangemouth refinery and ISG layoffs for 1,000 jobs in Scotland's grid upgrade.

FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump looks on during a press conference at Trump Tower in New York City, U.S., September 6, 2024. REUTERS/David Dee Delgado/File Photo
AnalysisBusinessEconomyOilPoliticsRegulationsTrade

Trump’s low oil price promise is a risk and a boon for emerging markets

Trump’s pledge to halve energy costs sparks hope for oil importers but threatens fiscal turmoil for producers reliant on exports.

Jan Mayen Vent Fields on the Arctic Mid-Oceanic Ridge. University of Bergen/Handout via REUTERS
Critical MineralsEnvironmentFuelNatural GasNewsOilPolitics

Norway to stop deep-sea mining, says party supporting minority government

Until now, Norway, with its vast hydrocarbon reserves, led the global race to mine ocean floor metals.

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