Saturday, 8 February 2025

Focus on Oil

Campaigners say remarks by Humza Yousaf and other ministers could have prejudiced the planning process (Jane Barlow/PA)
FuelLegislationNatural GasNewsOilPoliticsRegulations

Campaigners complain over ministers’ handling of plans for new gas power plant

Climate campaigners have complained about Scottish ministers’ handling of plans for a new gas-fuelled power station in Peterhead

A fisherman with boots covered in oil stands on a contaminated shore of Lake Maracaibo in Venezuela, on July 11, 2024 (AFP)
ClimateEconomyEnvironmentFuelIn-DepthOil

Oil-tainted lake a symptom, and symbol, of Venezuela’s collapse

An oil slick on Lake Maracaibo's shores symbolizes Venezuela's economic collapse and the struggles faced by locals as the petroleum industry declines.

FILE PHOTO: An oil pipeline in Orellana province, Ecuador July 28, 2023. REUTERS/Karen Toro/File Photo
BusinessFuelNewsOilPoliticsTrade

Ecuador and Chilean subsidiary ENAP renegotiate oil agreement

The new agreement will allow an increase in reserves by 5.6 million barrels of crude oil, the Ministry of Energy in Quito said...

High rise housing complexes line the oceanfront in Long Branch,N.J. on July 19, 2024. A public-private group formed after Superstorm Sandy recommends a surcharge on property insurance, fees on the oil and gas industries, and a public voter referendum as ways to raise money for resiliency projects to protect against future big storms. (AP Photo/Wayne Parry)
ClimateEnvironmentFuelLegislationNewsOilPoliticsRegulationsResiliency

Superstorm Sandy group eyes ballots, insurance surcharges and oil fees to fund resiliency projects

Climate resiliency funding should come from insurance, oil fees, and voter approval, recommends new Rebuild By Design report.

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
BusinessEconomyFuelNewsOilPoliticsRegulationsTrade

U.S. FTC probes Hess, Occidental execs over OPEC communication: report

The U.S. Federal Trade Commission is probing executives from major oil firms over their communications with OPEC officials.

FILE PHOTO: A complex of pipes used for the export of crude oil in a dock that is part of the Ecopetrol refinery, is seen in Cartagena, Colombia April 12, 2024. REUTERS/Nelson Bocanegra/File Photo
BusinessFinanceFuelInfrastructureNewsOilUtilities

Colombia’s Ecopetrol in talks to buy $3.6 billion CrownRock stake from Occidental

Colombia's Ecopetrol said on Friday that it is in talks with US oil major Occidental Petroleum to possibly buy a stake in CrownRock.

FILE PHOTO: A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo
BusinessFinanceFuelNatural GasNewsOil

ExxonMobil selling Malaysia oil and gas assets to Petronas, sources say

ExxonMobil Corp has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, according to sources

FILE PHOTO: The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessFinanceFuelNatural GasNewsOil

China’s Sinopec reports first-half crude throughput up only 0.1%

China's Sinopec, Asia's largest refiner, on Friday reported first-half crude throughput little changed year on year

FILE PHOTO: A drone view of three berths able to load vessels with oil is seen after their construction at Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, British Columbia, Canada, April 26, 2024. REUTERS/Chris Helgren/File Photo
FuelInfrastructureNewsOilTransmission

Canadian crude exports from US Gulf Coast fall only slightly despite TMX startup

About 150,000 barrels per day (bpd) of Canadian crude were exported from the U.S. Gulf Coast in June, shipping tracking data showed.

The Atco logo is seen in this undated handout. A prominent Alberta utility is seeking to delay a hearing on appropriate remedies for gas and electricity rates the province's utilities regulator says were neither reasonable nor justified. THE CANADIAN PRESS/HO *MANDATORY CREDIT*
CourtsElectricityFuelInfrastructureLiquefied Natural GasNewsOilPoliticsUtilities

Alberta’s ATCO Utilities seeks to delay regulatory hearing on excess profits for appeal process

ATCO is seeking to delay hearing on remedies for gas and electricity rates utilities regulator says were neither reasonable nor justified

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