Focus on Oil
Brazil’s Lula defends oil exploration near Amazon River
Brazil's President Luiz Inacio Lula da Silva said Wednesday that a controversial offshore oil exploration plan near the mouth of the Amazon River...
US Senate confirms two for Federal Energy Regulatory Commission
The U.S. Senate confirmed David Rosner, a Democrat, and Lindsay See, a Republican, as members of the Federal Energy Regulatory Commission, which regulates...
World will amass ‘major’ oil surplus by 2030: IEA
The world is likely to have a major surplus of oil by 2030 as production is ramped up while the clean energy transition...
Oil and gas industry hops on generative AI bandwagon
Oil and gas experts hope generative artificial intelligence could help save money, reduce accidents and lower greenhouse gases.
Canada’s finance minister urges oilsands to start building carbon capture projects
Canada's Finance Minister Chrystia Freeland says a major federal tax credit to help build carbon capture projects is almost in place and she...
Ontario chemical plant, subject to government orders over benzene emissions, permanently closing
A plastics plant in Sarnia, Ont., that has been subject to recent orders and regulations from both the provincial and federal governments over...
Woodland Cree, Obsidian energy resolve northern Alberta standoff
CALGARY — An energy company says a First Nations blockade and standoff that kept it from using an oil lease road has been...
US gas prices are falling. Experts point to mild demand at the pump ahead of summer travel
Explainer: Why the recent fall in prices at the pump? Industry analysts point to a blend of lackluster demand and strong supply —...
Production starts at Senegal’s first offshore oil project
Senegal's new government, which came to power earlier this year, pledged to review oil and gas contracts with foreign companies, which it described...
