Wednesday, 26 March 2025

Focus on Oil

FILE PHOTO: President and CEO of Saudi's Aramco, Amin H. Nasser, speaks during the Future Investment Initiative (FII) in Riyadh, Saudi Arabia October 29, 2024. REUTERS/Hamad I Mohammed/File Photo
BusinessEconomyNewsOil

Exclusive: Aramco chief tells Davos he expects additional oil demand of 1.3 million bpd this year

By Marwa Rashad DAVOS, Switzerland (Reuters) -Saudi oil giant Aramco’s Chief Executive Amin Nasser said on Tuesday he sees the oil market as...

File Photo: A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/File photo
BusinessNewsOil

US crude futures down $1 a barrel on Trump plan to boost fossil fuel output

U.S. crude futures for March delivery fell by $1.06 to $76.33 a barrel by 2315 GMT on Monday.

FILE PHOTO: The Chevron logo is pictured after the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas, Venezuela, December 2, 2022. REUTERS/Gaby Oraa/File Photo
BusinessFuelNatural GasNewsOilTrade

Chevron expresses interest in Greek energy exploration

The Greek energy ministry said that it would issue a decision this week on the exact area of exploration.

FILE PHOTO: A crude oil tanker sails in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel/File Photo
BusinessNewsOilPoliticsTrade

China’s crude oil imports from top supplier Russia reach new high in 2024

Volumes from Russia — including pipeline and seaborne supplies — amounted to 2.17 million barrels per day.

President-elect Donald Trump speaks during a meeting with Republican governors at Mar-a-Lago, Thursday, Jan. 9, 2025, in Palm Beach, Fla. THE CANADIAN PRESS/AP-Evan Vucci
ElectionsEmissionsEnvironmentFuelNatural GasNewsOilTrade

Tariffs, deportations and ‘drill, baby, drill’: What to watch for as Trump returns

The looming threat of devastating tariffs slapped against Canada hangs over Trump's return to the White House on Monday.

The sun sets behind an oil drilling rig in Prudhoe Bay, Alaska on March 17, 2011.  REUTERS/Lucas Jackson/File Photo
CourtsEnvironmentMiningNatural GasNewsOilPolitics

Republican-led states sue Biden administration over offshore drilling ban

Republican-led states sue over Biden's ban on new offshore oil and gas projects along most U.S. coastlines.

Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
FuelLegislationNatural GasNewsOilTrade

US FTC finalizes consent order for $53 billion Chevron-Hess merger

The U.S. Federal Trade Commission approves a consent order to resolve antitrust issues in Chevron's $53B Hess takeover.

Imperial Oil logo at the company's annual meeting in Calgary on April 28, 2017. THE CANADIAN PRESS/Jeff McIntosh
NewsOilRegulations

Alberta Energy Regulator lays nine charges against Imperial Oil for 2023 spill

Alberta charges Imperial Oil over 5.3M-litre toxic wastewater spill at Kearl site, citing environmental and reporting failures.

FILE PHOTO: Holding tanks are seen in an aerial photograph at Colonial Pipeline's Charlotte Tank Farm in Charlotte, North Carolina, U.S. May 10, 2021. REUTERS/Drone Base/File Photo
InfrastructureNatural GasNewsOilTransmission

Colonial Pipeline restarts main gasoline artery after fixing leak in Georgia

Colonial Pipeline restarts Line 1 after Georgia leak, restoring gasoline supply to East Coast markets with minimal disruptions.

FILE PHOTO: The new logo of SLB is seen in this undated handout image obtained by Reuters on October 19, 2022. SLB/Handout via REUTERS/File Photo
BusinessNewsOil

SLB says its Russia business aligns with new US sanctions as revenue drops

SLB said its current business in Russia still aligns with new U.S. sanctions on Russia, but that revenue in the country was declining.

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