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The corporate logo of Pembina Pipeline Corp. is shown in this undated handout photo. THE CANADIAN PRESS/HO, Pembina Pipeline Corp. *MANDATORY CREDIT*
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Pembina Pipeline earns $479 million in Q2, ups full-year forecast

Pembina Pipeline reports a 32% Q2 profit surge, boosted by higher revenue and pipeline volumes following recent acquisitions.

By CP8 Aug 2024The Canadian Press
FILE PHOTO: The logo of Reliance Industries is pictured in a stall at the Vibrant Gujarat Global Trade Show at Gandhinagar, India, January 17, 2019. REUTERS/Amit Dave/File Photo
BusinessFuelLiquefied Petroleum GasNewsOilTrade

India’s Reliance in crude-for-naphtha swap deal with Venezuela: sources

Reliance Industries plans to use naphtha as partial payment for Venezuelan crude, resuming trade after U.S. approval.

By Nidhi Verma and Arathy Somasekhar8 Aug 2024Reuters
Vehicles queue to purchase fuel at a retail station in Lagos, Nigeria August 6, 2024. REUTERS/ Francis Kokoroko
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Analysis: In deluge of protests, fuel subsidies prove hard to abolish

High costs without fossil fuel subsidies provoke anger from citizens around the world, leaving governments to continue footing the bill.

By Libby George8 Aug 2024Reuters
FILE PHOTO: An aerial view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia June 13, 2022. Picture taken with a drone. REUTERS/Tatiana Meel/File Photo
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Western insurers provide cover for Russian oil despite price cap concerns

Tankers carrying Russian oil being insured by five Western companies, trading data shows, despite fears that G7 price cap is being breached.

By Jonathan Saul and Gleb Stolyarov8 Aug 2024Reuters
FILE PHOTO: A Marathon Oil well site is seen in Texas, U.S., May 18, 2020. REUTERS/Jennifer Hiller/ File Photo
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Marathon Oil misses profit estimates on weak natural gas prices

Marathon Oil missed Q2 profit estimates due to falling natural gas prices, with shares dropping 1.7% after the announcement.

By Reuters7 Aug 2024Reuters
FILE PHOTO: The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Photo
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Occidental Petroleum beats Q2 profit estimates on higher production

Occidental Petroleum surpassed Wall Street's Q2 profit estimates, driven by increased oil production and higher crude prices.

By Sabrina Valle and Seher Dareen7 Aug 2024Reuters
Suncor Energy facility is seen in Sherwood Park, Alberta, Canada August 21, 2019. REUTERS/Candace Elliott/ File Photo
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Suncor on track to exceed 2024 oil production, refinery guidance

Suncor Energy's better-than-expected Q2 profits suggest it may exceed 2024 oil production and refinery throughput guidance.

By Nia Williams7 Aug 2024Reuters
FILE PHOTO: Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo
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Saudi Aramco to buy stake in JV Petro Rabigh from Sumitomo Chem

Investment in Sumitomo Chemical's Petro Rabigh JV hopes to turn around loss-making firm's fortunes.

By Yuka Obayashi and Yousef Saba7 Aug 2024Reuters
FILE PHOTO: The Suncor Energy logo is seen at their head office in Calgary, Alberta, Canada, April 17, 2019. REUTERS/Chris Wattie/File Photo
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Suncor Energy beats quarterly profit estimates on robust production

Suncor Energy beat analysts' estimates for Q2 profit on Tuesday, helped by higher oil prices and a rise in oil sands production.

By Reuters6 Aug 2024Reuters
FILE PHOTO: A drone view of the Trans Mountain Burnaby Terminal tank farm as the Canadian government-owned Trans Mountain pipeline expansion project became operational in Burnaby, British Columbia, Canada May 1, 2024. REUTERS/Jennifer Gauthier/File Photo
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Trans Mountain Pipeline interim tolls hearing scheduled for May next year

The Trans Mountain pipeline expansion's final toll hearing will begin May 14, with shippers disputing the rate hikes.

By Reuters6 Aug 2024Reuters

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FILE - People walk amid an oil spill in the Niger Delta in village of Ogboinbiri, Nigeria, Dec. 11, 2024. (AP Photo/Sunday Alamba, File)

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FILE PHOTO: Oil pumpjacks and tanks are pictured in a farmer's field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo

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dian oil and gas stocks climbed Monday as the country's energy sector absorbed the news of Prime Minister Justin Trudeau's resignation. Pumpjacks draw out oil and gas from wells near Calgary on Monday, Sept. 18, 2023. THE CANADIAN PRESS/Jeff McIntosh

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Australia needs better ways of storing renewable electricity for later. That’s where ‘flow batteries’ can help

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