Monday, 10 February 2025

Focus on Oil

Pumpjacks draw out oil and gas from a well heads near Calgary on Sunday, May 12, 2024. THE CANADIAN PRESS/Jeff McIntosh
ClimateEnvironmentNewsOilPoliticsResiliency

No takers for Alberta program offering partial credit for partial oil well cleanup

Alberta's pilot program for partial well cleanup is stalled as landowners resist, fearing reduced payments and lingering liabilities.

BC Ferries are seen leaving Horseshoe Bay near West Vancouver, B.C., March 16, 2020. Approximately 800 litres of light hydraulic oil have spilled from a British Columbia ferry into the sea after a propeller fell off.  THE CANADIAN PRESS/Jonathan Hayward
BiodiversityEmissionsEnvironmentIndigenousMaritimeNewsOilResiliencyTransmission

Propeller falls off BC Ferries vessel, spilling 800 litres of oil

About 800 litres of light hydraulic oil have spilled into the sea from a BC Ferries vessel after one of its propellers fell...

FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, July 14, 2021. REUTERS/Yves Herman/File Photo
AviationEconomyFuelNewsOilPoliticsSustainable Aviation Fuel

EU countries mull 20-year tax holiday for jet fuel, document shows

EU countries consider delaying taxes on polluting aviation fuels for 20 years, complicating climate goals for net zero by 2050.

dian drivers are enjoying cheaper gas prices heading into fall. A gas station is seen in Toronto, on Thursday, April 18, 2024.THE CANADIAN PRESS/Chris Young
EconomyNewsOil

Drivers see cheaper prices at the pump as crude oil slumps

Canadian gas prices drop over 10 cents from August as oil prices see their biggest weekly slump since last October.

Trucks are seen parked inside the Corabastos market square during a protest by truckers who have cut off roads over an increase in diesel prices, in Bogota, Colombia September 5, 2024. REUTERS/Santiago Mesa/File Photo
BusinessEconomyFuelNewsOilPolitics

Colombia reaches deal with truckers to suspend road blockades

Colombia blockade ends as truckers force government to back down from increasing the price of diesel by ending subsidies.

Workers on strike at Marathon Petroleum's (MPC.N) Detroit refinery walk the picket line in Detroit, Michigan, U.S., September 4, 2024.  REUTERS/Rebecca Cook
BusinessLabourNewsOil

Teamsters could extend strike to other Marathon refineries as Detroit negotiations stagnate

Marathon Petroleum refuses to negotiate with over 200 striking Detroit refinery workers, raising potential for wider strikes.

FILE PHOTO: Greenpeace activists protest outside the BP Canadian offices in downtown Calgary, April 15, 2010. REUTERS/Todd Korol/File Photo
ClimateEconomyIndustryLegislationNewsOilPoliticsRegulations

Canada oil industry group calls for changes to anti-greenwashing laws

CAPP urges Canada's Competition Bureau to revise anti-greenwashing laws, citing risks, penalties, and unclear guidelines.

A view of oil stain is pictured on La Restinga beach in Telde, Gran Canaria, Spain, September 5, 2024. REUTERS/Borja Suarez
BiodiversityEnvironmentNewsOilRegulationsResiliency

Fuel oil spill shuts several beaches in Spain’s Gran Canaria

An oil spill off Gran Canaria closed beaches and prompted an environmental emergency as authorities deployed resources to manage the slick.

FILE PHOTO: A view shows the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside its headquarters in Vienna, Austria, May 28 , 2024. REUTERS/Leonhard Foeger/FIle Photo
BusinessNewsOil

OPEC+ agrees to delay October output hike for two months, sources say

LONDON/MOSCOW – OPEC+ has agreed to delay a planned October oil output increase for October and November after crude prices hit their lowest...

Vehicles queued up in traffic during a protest by truckers who have cut off roads over an increase in diesel prices, in Bogota, Colombia September 4, 2024. REUTERS/Nathalia Angarita
EconomyFuelNewsOilPolitics

Colombia trucker protests threaten fuel supplies, oil company operations

Colombia truckers protest, with Ecopetrol operations in jeopardy, after increase in diesel prices following end of government subsidies.

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