Sunday, 3 August 2025

Focus on Oil

FILE PHOTO: The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. REUTERS/Angus Mordant//File Photo
EconomyFuelNatural GasNewsOilPoliticsTrade

Trump’s proposed tariffs on Canada would drive up pump prices, analysts warn

Trump said he would impose a 25% tariff on all imports from Canada and Mexico.

Alberta Premier Danielle Smith speaks at a press conference in Edmonton on October 31, 2024. THE CANADIAN PRESS/Jason Frans
BusinessEmissionsNatural GasNewsOilPoliticsRegulations

Industry not consulted on Alberta’s plan to challenge federal emissions cap

Danielle Smith’s surprise Sovereignty Act plans to counter a proposed federal emissions cap spark industry concerns over lack of consultation.

FILE PHOTO: United Steelworkers (USW) union members picket outside Exxon Mobil's oil refinery amid a contract dispute in Beaumont, Texas, U.S., May 1, 2021. REUTERS/Erwin Seba/File Photo
BusinessCourtsEconomyLabourNewsOilPoliticsRegulations

US labor board judge rules Exxon’s Texas refinery union lockout was legal

Exxon Mobil's 10-month lockout of 600 union workers at its Beaumont refinery was ruled legal by an NLRB judge, sparking appeals.

The Finance Bill, if passed, would raise the rate of energy (oil and gas) profits levy (Andrew Milligan/PA)
BusinessEconomyNatural GasNewsOilPoliticsRegulations

Tax rise for North Sea oil and gas could ‘kill goose that lays the golden egg’

Raising tax on North Sea oil and gas profits could “kill the goose that lays the golden egg” and threaten the transition to...

Environment and Climate Change Minister Steven Guilbeault arrives to a caucus meeting on Parliament Hill in Ottawa, Wednesday, Nov. 27, 2024. THE CANADIAN PRESS/Sean Kilpatrick
ClimateEconomyEmissionsEnvironmentLegislationNatural GasNewsOilPoliticsRegulations

Alberta’s pledge to take over ownership of emissions data ‘irresponsible’: Guilbeault

Alberta's emissions data plan risks federal law breaches, says Minister Guilbeault, calling Premier Smith's approach "irresponsible."

Kert Davies poses for a portrait in Washington, U.S., November 26, 2024. REUTERS/Nathan Howard
BusinessEmissionsEnvironmentNatural GasNewsOilPoliticsRegulations

Exxon lobbyist investigated over hack-and-leak of environmentalist emails, sources say

The operation involved mercenary hackers who successfully breached the email accounts of environmental activists and others, sources said.

FILE PHOTO: The BNP Paribas logo is seen at a branch in Paris, France, February 4, 2020. REUTERS/Benoit Tessier/File Photo
BusinessEmissions MarketsFinanceNatural GasNewsOil

BNP Paribas’ fund arm to exclude new oil and gas bonds

BNP Paribas AM to halt investment in new bonds of oil and gas firms, urging transitions to sustainable energy models.

An oil pump jack pumps oil in a field near Calgary, Alberta, Canada.
ElectionsNewsOilTrade

Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs

Canada and Mexico may cut prices and shift oil supply to Asia if Trump enacts 25% U.S. crude import tariffs.

United Conservative Party Leader Danielle Smith addresses party members at their annual meeting in Red Deer, Alta., on Nov. 2, 2024. THE CANADIAN PRESS/Jeff McIntosh
BusinessEconomyEmissionsNatural GasNewsOilPoliticsRegulations

Alberta takes aim at GHG emissions cap, proposes rules on trespass and data gathering

Alberta Premier Danielle Smith says her government is eyeing a number of steps to challenge the proposed federal greenhouse gas emissions cap.

BiodiversityClimateEmissionsEnvironmentMiningNatural GasNewsOilResiliency

Biden’s public lands director named to lead environmental group

Tracy Stone-Manning, Biden's Bureau of Land Management director, named president of The Wilderness Society starting February.

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