Sunday, 3 August 2025

Focus on Oil

From left, Tony Agotha, Special Envoy for Climate and Environment Diplomacy of European External Action Service, Sivendra Michael, Permanent Secretary for Environment and Climate Change of Fiji, Juan Carlos Monterrey, head of Panama's delegation, Andrew Yatilman, Secretary of the Department of Environment, Climate Change, and Emergency Management of Micronesia, and Olga Givernet, French Delegate Minister for Energy, attend a press conference at the fifth session of the Intergovernmental Negotiating Committee on Plastic Pollution in Busan, South Korea, Friday, Nov. 29, 2024. (AP Photo/Ahn Young-joon)
ClimateEmissionsEnvironmentNewsOilPoliticsUnited Nations

Negotiators get closer to agreeing on a plastic pollution treaty

Some plastic-producing and oil and gas countries, including Saudi Arabia, vigorously oppose including plastic production in the treaty.

ElectricityFuelNatural GasNewsOilSolarWind

Donald Trump’s call for ‘energy dominance’ is likely to run into real-world limits

Trump has pledged to “drill, drill, drill" and sell more oil and other energy sources to allies in Europe and around the globe.

FILE PHOTO: Canada's Minister of Energy and Natural Resources Jonathan Wilkinson speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada September 24, 2024. REUTERS/Blair Gable/File Photo
FuelNewsOilPoliticsTrade

Ottawa must ensure Trump understands importance of Canadian oil to US, minister says

Analysts say tariffs on oil from Canada, top crude supplier to the United States, would drive up fuel prices for Americans.

FILE - Members of Campaign for a Safe and Healthy California coalition campaign for Keep The Law (SB 1137) next to the Inglewood Oil Field in Inglewood, Calif., March. 22, 2024. (AP Photo/Damian Dovarganes, File)
CourtsEconomyFuelLegislationNatural GasNewsOilPolitics

Oil field owner sues California over law that would end its Los Angeles-area operations

A California law gave local governments more authority to restrict oil and gas operations — but it now faces a legal challenge.

FILE - Pump jacks work in a field near Lovington, N.M., April 24, 2015. (AP Photo/Charlie Riedel, File)
BusinessCourtsEmissionsEnvironmentIndustryLegislationNatural GasNewsOilPoliticsRegulations

New Mexico appeals court upholds rule aimed at curbing ozone pollution

New Mexico Court of Appeals upholds regulations aimed at cracking down on emissions in one of America's top oil and gas producing states.

Members of the Unite union march and rally at the Scottish Parliament in protest at Petroineos plans to close Grangemouth oil refinery.
EconomyFuelNewsOilPolitics

Unions demand action to prevent ‘corporate decapitation’ of Scotland’s Grangemouth refinery

The Scottish and UK governments have commissioned a study that will look at options for the long-term future of the site.

FILE PHOTO: A guard walks past the Reliance Industries logo near the entrance of Dhirubhai Ambani Knowledge City in Navi Mumbai, March 15, 2024. REUTERS/Francis Mascarenhas/File Photo
BusinessFuelNatural GasNewsOil

Reliance’s US unit buys $12 million stake in helium explorer Wavetech Helium

Helium gas, a by-product of mining natural gas, is used in several green technologies.

In a bid to boost crude prices, eight members of the OPEC+ group earlier this month announced they were extending supply cuts until the end of December (Saudi Aramco)
FuelNewsOil

OPEC+ postpones meeting on oil output to December 5

The 22-member OPEC+ group led by Saudi Arabia and Russia was due to decide on its 2025 output policy on Sunday.

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