Focus on Oil
Transforming America’s busiest ports: The shift to zero-emissions cargo handling
RMI: The shift to zero-emissions cargo handling equipment at ports is economically viable and technologically feasible, but more data is needed to guide...
Energy transition inevitable, but US counties reliant on fossil fuel may struggle to bridge revenue gap: study
The energy transition might be inevitable, but it also poses significant financial challenges for local governments, particularly those heavily reliant on fossil fuel...
Philippine coast guard says oil leaking from sunken tanker
Manila oil spill continues to grow after tanker sank off the coast of the Philippines, with divers reporting "minimal leak" of 1.4m litres...
Baker Hughes sees lower North America activity; bets on foreign demand
Baker Hughes cut its North American spending outlook but raised full-year revenue estimates, betting on strong international growth and gas equipment demand.
MEG Energy workers returning to Alberta oilsands site after wildfire evacuation
MEG Energy resumes operations at Christina Lake after wildfires; CEO Gates cites effective firebreaks and worker safety assurances amidst ongoing regional fires.
Canada likely to delay Trans Mountain pipeline sale: report
Canadian government will likely stall the sale of the Trans Mountain pipeline until after the election in 2025, Bloomberg reported Friday
Mexico seeks more 2025 fuel import deals after refinery delays
Due to Olmeca refinery problems, Mexico fuel imports set to rise as Pemex talks to overseas refiners about possible trading deals.
Petrobras wrapping up due diligence to buy back refinery from Mubadala, sources say
Petrobras is wrapping up due diligence for a bid on the Mataripe refinery it sold to Abu Dhabi sovereign fund Mubadala for $1.65bn...
MEG Energy sees earnings rise in second quarter, announces dividend
MEG Energy boosts quarterly earnings to $234M and declares a 10-cent dividend per share, aided by the Trans Mountain pipeline expansion success.
Valero plans to run refineries at 92% of combined capacity in Q3 2024
Valero Energy plans to run its refineries at up to 92% capacity in Q3 2024, with high operation rates on the Gulf Coast,...
