Focus on Oil
Suncor Energy earnings rise to $2.02 billion in third quarter
Suncor Energy posts a Q3 profit of $2.02B, up from $1.54B last year, with refinery utilization hitting 105 per cent.
US oil industry urges Trump to ditch Biden climate policies
The U.S. oil industry urges Trump to roll back Biden's climate policies, citing job security, energy independence, and consumer choice.
Plains All American agrees to pay about $73 million to settle California oil spill lawsuit
Plains All American Pipeline has agreed to pay $72.5 million to settle a lawsuit over the 2015 Refugio Beach oil spill in Santa...
Biden EPA to charge first-ever ‘methane fee’ for drilling waste by oil and gas companies
For the first time, oil and gas companies will face federal fees for methane emissions above certain levels under a new Biden EPA...
Court challenge begins against UK oil and gas field approvals
Environmental groups launch legal challenge to block North Sea oil fields, arguing UK failed to account for total emissions.
US dependence on Canada’s oil should deter Trump tariffs, industry says
Energy experts of Canada, the world's fourth-largest oil producer, expect no U.S. tariffs under Trump.
Highlights from ruling in Shell’s climate case
A Dutch court dismissed a 2021 ruling pushing Shell to cut carbon faster, citing limits on enforceable emission targets.
Shell wins appeal against landmark Dutch climate ruling
Shell wins appeal against 2021 court order to cut carbon emissions by 45% by 2030, dealing a blow to climate activists.
Companies are buying up cheap carbon offsets — data suggest it may be more about greenwashing than helping the climate
Carbon offsets are booming, but low-quality, unregulated options raise doubts about their effectiveness in cutting emissions.
What Trump can do to reverse US climate policy — and what he probably can’t change
Despite Trump's criticism of wind and solar power, investments in renewable energy will likely increase because of market dynamics.
