Monday, 10 February 2025

Focus on Oil

Financial numbers flow on the digital ticker tape at the TMX Group in Toronto's financial district on May 9, 2014. A newly released ranking of the Toronto Stock Exchange's top performers shows investors continue to be attracted to companies at the forefront of the energy transition. THE CANADIAN PRESS/Darren Calabrese
BusinessCritical MineralsEconomyElectricityFuelInfrastructureIntertiesMineralsMiningNatural GasNewsOilTransmission

Energy transition the big theme among the TSX’s top performers

Mining, electrical infrastructure and more make up the majority of Toronto Stock Exchange as energy transition turns into big business.

A woman roasts plantains, known as "bole," over an open flame in Ibadan, Nigeria. Bole, a popular street food, is known for its smoky flavour and tender texture. Photo by Tunde Buremo on Unsplash
AnalysisElectricityOilPoliticsUtilities

Nigerian households use a range of energy, from wood to solar – green energy planning must account for this

Nigerian households use a range of energy sources, including wood and charcoal, even if they can afford to rely on renewables. The government's...

A street light is seen during a sunrise in Dili, East Timor Sunday, Sept. 8, 2024. (AP Photo/Firdia Lisnawati)
AnalysisClimateEconomyElectricityEmissionsHydropowerNatural GasOilPoliticsSolarWind

Diesel-dependent East Timor remains slow on energy transition

In one of the world's youngest countries, pledges to develop renewable power have yet to be met while East Timor's gas fields start...

The report was released on Tuesday (Jane Barlow/PA)
BusinessClimateEmissionsNatural GasNewsOil

UK offshore emissions reduction of 50% by 2030 ‘appears within reach’

Report shows cuts to North Sea emissions have continued, on track to meet net zero target for 2050.

The Greek-flagged Sounion was struck on August 21, 2024 by Yemen's Huthi rebels (EUNAVFOR ASPIDES)
EnvironmentFuelNewsOilPoliticsTrade

Oil tanker ablaze off Yemen threatens environmental disaster

Yemeni rebels' Red Sea oil tanker attack leaves Greek-flagged ship on fire while carrying a million barrels of crude oil.

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
BusinessNewsOilWeather

US oil firms evacuate staff, cut drilling ahead of Storm Francine

U.S. Gulf oil producers evacuate staff, halt output as Tropical Storm Francine threatens Texas and Louisiana coasts.

FILE PHOTO: Flue gas and steam rise out of chimneys and smokestacks of an oil refinery during sunset on a frosty day in the Siberian city of Omsk, Russia, February 8, 2023. REUTERS/Alexey Malgavko/File Photo
BusinessNewsOil

Morgan Stanley cuts Brent forecast as market signals demand softness

Brent crude oil forecast cut as global market faces a period of demand weakness, says bank.

Shoshone-Paiute tribal member Michael Hanchor visits his mother’s grave, March 15, 2024, in Owyhee, Nev., on the Duck Valley Indian Reservation that straddles the Nevada-Idaho border. (AP Photo/Rick Bowmer)
ClimateEnvironmentIndigenousNewsOilPolitics

A remote tribe is reeling from cancer. What role did the US play?

From petroleum in the groundwater to a history of dangerous herbicides, the Shoshone-Paiute tribes are pressing federal officials for answers on pollution.

FILE PHOTO: A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo
Natural GasNewsOilTrade

Russia raises forecast for 2024 oil, gas export revenues by $17.4 billion, document shows

Russia's 2024 oil and gas export forecast was raised by $17.4 billion to $239.7 billion, driven by higher price expectations.

FILE PHOTO: Container ships and oil tankers wait in the ocean outside the Port of Long Beach-Port of Los Angeles complex in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson/File Photo
BusinessEconomyNewsOil

US Gulf Coast-bound fuel oil cargoes hit 5-yr low as refinery demand weakens

Fuel oil exports to the U.S. Gulf Coast hit a 5-year low in August as weakened refinery margins curb demand and reroute cargoes.

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