Monday, 20 January 2025

Focus on Oil

FILE PHOTO: North Dakota Governor Doug Burgum speaks with the media ahead of the America First Policy Institute (AFPI) gala at Mar-A-Lago in Palm Beach, Florida, U.S., November 14, 2024. REUTERS/Carlos Barria/File Photo
ElectricityNatural GasNewsOilPoliticsRegulations

Trump says Doug Burgum will chair new National Energy Council

Trump taps N.D. Gov. Burgum to lead National Energy Council, aiming for U.S. energy dominance via cuts, investment, innovation.

Steam rises from the cooling towers of the coal power plant of RWE, one of Europe's biggest electricity and gas companies in Niederaussem, Germany,  March 3, 2016.    REUTERS/Wolfgang Rattay/File Photo
ClimateClimate FinanceElectricityEmissionsIndigenousNatural GasNewsOilPolitics

Europe may have set bar too high on climate, says Cyprus

Tough European Union rules seek to slash net greenhouse gas emissions in the bloc by 90 per cent by 2040, and reach zero...

Former US vice president Al Gore told AFP fossil fuel industry representatives should go through a 'test' to be allowed to attend UN climate talks (AFP)
ClimateClimate FinanceEmissionsEnvironmentNatural GasNewsOilPolitics

Al Gore says ‘absurd’ to hold UN climate talks in petrostates

US vice president Al Gore told AFP Friday it was "absurd" for petrostates such as Azerbaijan to host UN climate talks, saying the...

FILE PHOTO: An employee holds a diesel fuel pump nozzle at a petrol station of Neftmagistral company in Moscow, Russia, September 8, 2023. REUTERS/Maxim Shemetov/File Photo
ClimateEconomyEmissionsFuelNewsOilPolitics

Explainer: A trillion dollar question — fossil fuel subsidies

Governments around the globe are ploughing billions of dollars into fossil fuel subsidies.

FILE - An above-ground section of Enbridge's Line 5 at the Mackinaw City, Mich., pump station is seen, Oct. 7, 2016. (AP Photo/John Flesher, File)
IndigenousInfrastructureNatural GasNewsOilRegulationsTransmission

Wisconsin agency issues first round of permits for Enbridge Line 5 reroute around reservation

The Wisconsin Department of Natural Resources has issued the first round of permits allowing Enbridge to reroute an aging pipeline around a tribal...

FILE PHOTO: The Imperal Oil refinery is seen in an aerial photograph taken along the St. Clair River, one of many facilities in Canada's "Chemical Valley" in Sarnia, Ontario, Canada November 3, 2021. REUTERS/Nick Iwanyshyn/File Photo
BusinessEmissionsEnvironmentIndigenousLegislationNewsOilRegulations

Imperial Oil fined for 2021 slop oil spill

Ontario has fined Imperial Oil C$900,000 for a slop oil leak into a tank containment area at its Sarnia site in 2021 that...

FILE PHOTO: The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019.   REUTERS/Chris Helgren/File Photo
BusinessFinanceFuelNewsOil

TSX futures inch up ahead of Powell’s speech, US data

Markets also expect President-elect Donald Trump's policies to spur inflation and keep Fed rates higher for longer.

FILE PHOTO: U.S. President Donald Trump speaks with managers and executives during a visit to the Cameron LNG (Liquid Natural Gas) Export Facility in Hackberry, Louisiana, U.S., May 14, 2019. REUTERS/Leah Millis/File Photo
ClimateElectionsElectricityEmissionsEnvironmentLegislationLiquefied Natural GasNewsOilPoliticsRegulationsWind

US energy draws up a wish list for new Trump administration

Trump has vowed to scrap offshore wind projects, roll back climate regulations, open more federal lands and waters to oil and gas drilling.

FILE PHOTO: U.S. Senator Republican Marco Rubio gives a speech at the Conservative Political Action Conference (CPAC) in Orlando, Florida, U.S. February 25, 2022. REUTERS/Octavio Jones/File Photo
BusinessNewsOilPoliticsRegulations

Trump pick Rubio could harden oil sanctions on Iran, Venezuela

Trump’s appointment of Rubio as secretary of state signals stricter oil sanctions on Iran and Venezuela, tempered by China concerns.

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