Saturday, 8 February 2025

Focus on Oil

Young pongamia trees grow in a grove in St. Lucie County, Fla., Thursday, June 6, 2024. The ancient tree, native to India, Southeast Asia and Australia, is now thriving in groves where citrus trees once flourished in Florida. The tree produces a legume that can be processed into plant-based protein and sustainable biofuel. (AP Photo/Marta Lavandier)
AgricultureAnalysisBiofuelsFuelIn-DepthIndustryOil

Pongamia trees grow where citrus once flourished, offering renewable energy

An ancient Indian tree is thriving in former citrus groves in Florida, and could provide the nation with renewable energy.

FILE PHOTO: A protester sits in front of an aircraft as members of the Just Stop Oil spray paints planes at the Stansted airport, Britain June 20, 2024.    JUST STOP OIL/Handout via REUTERS /File Photo
AviationClimateEmissionsNewsOilPolitics

Three UK airports get injunction to stop climate protesters disrupting flights

The East Midlands, Manchester and Stansted airports were granted a court order on Friday to stop climate protesters from potentially disrupting flights over...

The Suncor Firebag oilsands facility seen from a helicopter near Fort McMurray, Alta., on July 10, 2012. THE CANADIAN PRESS/Jeff McIntosh
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Suncor cuts production as wildfire burns out of control near Firebag oilsands site

Suncor says the facility will be kept in a state that maintains readiness to resume full operations as soon as possible once it...

BusinessClimateIndustryInfrastructureNewsOil

Suncor oil sands site shut because of nearby wildfire: Alberta minister

Suncor Energy has shut down the 215,000 bpd project as a precaution due to a wildfire burning about eight kilometres away.

The Competition Bureau says it will speed the development of guidance on the interpretation of new provisions in the Competition Act aimed at greenwashing.The government's Competition Bureau website is pictures on a mobile phone and laptop screen in Ottawa on Monday, Oct. 2, 2023. THE CANADIAN PRESS/Sean Kilpatrick
BusinessClimateEmissionsFuelLegislationNatural GasNewsOilPoliticsRegulations

Competition Bureau to speed development of guidance on new greenwashing rules

The Competition Bureau says it will speed the development of guidance on new provisions in the Competition Act aimed at greenwashing

The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019.   REUTERS/Chris Helgren/File Photo
Critical MineralsFuelMineralsNewsOilPoliticsTrade

Resource shares help lift TSX to near 5-week high

Energy also gained ground, rising 0.3%, as the price of oil increased 0.2% to $84.06 a barrel.

File Photo: A road and the Trans Alaska Pipeline run over the tundra in northern Alaska March 17, 2011.  REUTERS/Lucas Jackson/File Photo
FuelLegislationNatural GasNewsOilPoliticsRegulations

Alaska sues to challenge new NPR-A oil and gas leasing rules

(Reuters) – The state of Alaska on Wednesday said it has filed a lawsuit challenging new federal regulations imposed for oil and gas...

FILE PHOTO: A sign of Citgo Petroleum is seen at its headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura/File Photo
BusinessCourtsFuelLegislationNewsOilPolitics

Venezuelan opposition gets US court boost in dispute over Citgo-backed bonds

The bonds had been issued under President Maduro, but opponents said the National Assembly never approved using Citgo as collateral.

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
BusinessFuelNatural GasNewsOil

China’s Sinopec strikes large oil, gas flow at South China Sea well

China's Sinopec Corp has struck a high flow of oil and gas in an offshore exploration well in the Beibu Gulf of the...

FILE PHOTO: A U.S. Justice Department logo or seal showing Justice Department headquarters, known as "Main Justice," is seen behind the podium in the Department's headquarters briefing room before a news conference with the Attorney General in Washington, January 24, 2023.  REUTERS/Kevin Lamarque/File Photo
BusinessFuelNewsOilPoliticsRegulationsTrade

SLB, ChampionX get second request from DoJ for proposed $8 billion deal details

Several oil and gas firm deals have been delayed by second requests from antitrust regulators for additional information.

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