Friday, 7 February 2025

Focus on Oil

FILE PHOTO: A view shows the ExxonMobil oil refinery in Port-Jerome-sur-Seine, France, March 8, 2023. REUTERS/Pascal Rossignol/File Photo
BusinessFuelLabourNewsOil

Striking French workers block delivery trucks at ExxonMobil refinery

Striking workers blocked delivery trucks carrying oil products, including petrol, from leaving the ExxonMobil Chemical France's Port-Jerome-Gravenchon refinery in northern France on Friday.

FILE PHOTO: People drive past a coal-fired power plant in Shanghai, China October 21, 2021. REUTERS/Aly Song/File Photo
AnalysisBusinessClimateCoalElectricityEmissionsFinanceFuelLiquefied Natural GasLiquefied Petroleum GasOilReports

Major Chinese asset managers have no plans to phase out fossil fuel investments, Greenpeace says

Major Chinese asset managers have billions of dollars invested in fossil fuels with no plans for a phase out, a new Greenpeace report...

FILE PHOTO: The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020.  REUTERS/Adrees Latif/File Photo
BusinessFuelNewsOilPoliticsTrade

Oil prices slip as rate hike worries come into focus

By Scott DiSavino (Reuters) -Crude prices eased about 1% on Friday on worries that global oil demand growth could be hit by a...

Environmental campaigner Sarah Finch, center, celebrates outside the Supreme Court in London, Thursday June 20, 2024 after justices ruled that emissions generated from burning fuel should be considered when granting planning permission for oil sites. The 3-2 ruling Thursday in London was a victory for fossil fuel opponents. (Callum Parke/PA via AP)
CourtsEmissionsEnvironmentNewsOilPolitics

Fossil fuel opponents score victory in a UK Supreme Court ruling on case near a London airport

Fossil fuel opponents won a major victory Thursday as the U.K. Supreme Court ruled that planners reviewing well-drilling permits must consider the greenhouse...

Pathways Alliance CEO Kendall Dilling is interviewed at the World Petroleum Congress  in Calgary, Monday, Sept. 18, 2023.THE CANADIAN PRESS/Jeff McIntosh
BusinessCarbon ManagementClimateEmissionsEnvironmentFuelLegislationNatural GasNewsOilPolitics

Pathways Alliance oilsands group removes all website, social media content

Pathways Alliance oilsands group has removed all content from its website and social media feeds amid uncertainty around an anti-greenwashing provision

FILE PHOTO: Gas flares are seen at the state-owned oil company PDVSA, in Punta de Mata, Venezuela April 5, 2023. REUTERS/Leonardo Fernandez Viloria
ClimateEmissionsEnvironmentFuelLiquefied Natural GasNewsOil

Oil companies flare more natural gas, defying effort to eliminate practice

Oil companies around the world burned off the most natural gas in five years while increasing intensity of the highly polluting practice

A person uses a megaphone as climate activists await a ruling on whether planning permission granted for oil wells in southern England was lawful, outside the Supreme Court in London, Britain, June 20, 2024. REUTERS/Kevin Coombs
ClimateCourtsEmissionsFuelNewsOilPolitics

Environmental activists win landmark ruling over UK oil well plan

UK court has ruled that planners must look at the impact of emissions before granting approval for oil wells, making it easier to...

A woman walks next to the logo for Carlyle at the company’s offices in New York City, U.S., June 28, 2022. Picture taken June 28, 2022. REUTERS/Brendan McDermid/ File Photo
BusinessFinanceFuelLiquefied Natural GasLiquefied Petroleum GasNewsOil

Energean to sell Med oil and gas assets to Carlyle for up to $945 million

Energean has agreed to sell its assets in Egypt, Italy and Croatia to private equity fund Carlyle for up to $945m, the oil...

Fiel photo: Brazil's President Luiz Inacio Lula da Silva attends the sworn-in ceremony of Brazilian state-run oil firm Petrobras CEO Magda Chambriard in Rio de Janeiro, Brazil, June 19, 2024. REUTERS/Ricardo Moraes/File photo
BusinessEconomyFinanceFuelNewsOilPolitics

New Petrobras CEO says president wants firm to boost national economy

RIO DE JANEIRO – The chief executive of Brazilian oil giant Petrobras, Madga Chambriard, said the country’s president asked her to work toward...

FILE PHOTO: A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo
BusinessFuelInfrastructureNatural GasNewsOilTransmission

Brazil agency nears decision amid Petrobras pressure to explore offshore Equatorial Margin

BRASILIA/RIO DE JANEIRO – The head of Brazil’s environmental agency said on Wednesday that he expects a decision soon on state-owned oil company...

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