Focus on Oil
Russia forms an emergency task force as Kerch Strait oil spill continues to spread
An emergency team arrives in Russia's Krasnodar as the Kerch Strait oil spill from tankers spreads after a month.
Russia says it will continue oil and gas projects despite US sanctions
Russia slams new US oil and gas sanctions as a hostile move, vowing to press on with energy projects and foreign policy responses.
US official warns Puerto Rico of weak power generation as it prepares for a Trump administration
US Energy Sec warns Puerto Rico needs more power generation amid ongoing blackouts and grid struggles post-hurricane.
US, UK unveil widespread sanctions against Russia’s energy sector
US and UK sanction Russia’s energy giants, including Gazprom Neft, just days before Joe Biden’s term ends.
US targets Venezuela oil company chief, others with sanctions
US sanctions target Venezuela's PDVSA chief Obregon amid Maduro's claims of economic war and resilience.
Black Sea oil spill widens, Russian authorities say
Approximately 2,400 metric tons of oil products have spilled into the sea since Dec. 15.
Canada’s Imperial Oil says senior executive to leave for Exxon Mobil
In 2023, Imperial Oil had said it would invest C$720 million ($539 million) to construct Canada's largest renewable diesel facility.
JPMorgan upgrades YPF, expecting further growth for Argentine energy sector
In 2024, YPF's shares soared more than 150% amid a major rally in Argentine stocks.
Chevron donating to President-elect Donald Trump’s inaugural committee, spokesperson says
Chevron will donate to Donald Trump's inaugural fund, a company spokesperson said on Thursday, declining to specify the amount.
CNRL to boost oil, gas output by 12 per cent in 2025
Oil and gas giant Canadian Natural Resources Ltd. says it plans to boost its overall production by 12 per cent in 2025.
