Friday, 7 February 2025

Focus on Oil

FILE PHOTO: The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015.  REUTERS/Lucas Jackson/File Photo
BusinessCourtsFinanceNewsOilPolitics

U.S. Republican states support Exxon in shareholder activism dispute

Exxon's pursuit of the case against Arjuna Capital and Follow This over a proposal the company push for stricter climate targets, even after...

FILE PHOTO: OPEC logo is seen in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic/File Photo
AnalysisEconomyIn-DepthOilPoliticsTrade

What is OPEC+ and how does it affect oil prices?

There have been some challenges to OPEC's influence over the years, often resulting in internal divisions. More recently, the global push towards cleaner...

FILE PHOTO: A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. REUTERS/Sarah Meyssonnier/File Photo
BiofuelsBusinessFuelNatural GasNewsOil

TotalEnergies says it is examining cross-listing shares in U.S

TotalEnergies said it is studying plans to cross-list its shares in the US, while also keeping its shares on the Euronext stock exchange

FILE PHOTO: Newly appointed Petrobras CEO Magda Chambriard when she was director of the ANP oil agency at  a news conference in Rio de Janeiro May 23, 2013.    REUTERS/Ricardo Moraes/File Photo
BusinessFuelNewsOil

Brazil’s Petrobras approves Chambriard as new CEO

Petrobras said its board of directors have approved the nomination of Magda Chambriard as the company's new Chief Executive

Prime Minister Rishi Sunak's premiership has been blighted by decades-high inflation. (POOL)
ElectionsElectricityFuelNatural GasNewsOilPolitics

Falling UK energy bills grab election spotlight

Britain’s energy regulator on Friday announced a fall in household bills from July, catapulting a key cost-of-living issue into the second day of...

FILE PHOTO: The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, near Paris, France September 14, 2023. REUTERS/Gonzalo Fuentes/File Photo
ClimateEnvironmentNewsOilPolitics

Greenpeace activists protest at TotalEnergies shareholder meeting

Greenpeace activists climbed a building near TotalEnergies' Paris HQ on Friday to criticise the company's climate change strategy

FILE PHOTO: A tug boat pushes an oil barge through New York Harbor in New York City, U.S., May 24, 2022.  REUTERS/Brendan McDermid/File Photo
BusinessFuelNewsOil

Oil flat as firming US gasoline demand offsets rate jitters

Oil prices rose about 1%, but fell for the week on worries that strong U.S. economic data would keep interest rates elevated for...

FILE PHOTO: U.S. President Donald Trump arrives to deliver remarks and sign an executive order on energy and infrastructure at the International Union of Operating Engineers International Training and Education Center in Crosby, Texas, U.S., April 10, 2019. REUTERS/Carlos Barria/File Photo
FuelInfrastructureNatural GasNewsOilPoliticsTransmission

Promising pipelines and fracking, Trump fundraises millions

Trump raised millions during a fundraising swing through Texas this week, promising he would back new pipelines and restore fracking.

Vehicles travel along a lateral highway restored to allow the movement of humanitarian aid for those affected by floods caused by heavy rains, in Porto Alegre, Rio Grande do Sul state, Brazil, Saturday, May 11, 2024. (AP Photo/Wesley Santos)
AnalysisClimateCoalEconomyEmissionsIn-DepthNatural GasOilPoliticsResiliencyWeather

Brazil’s Rio Grande do Sul faces economic woes after floods, and an unclear path to rebuilding

After devastating floods in Brazil's southern state of Rio Grande do Sul, the state will need to rebuild in a way that reduces...

FILE PHOTO: Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceNewsOil

Hess-Chevron merger vote appears ripe for narrow approval

Hess Corp CEO John Hess has until Tuesday to quell a rebellion by shareholders over his handling of what could turn out to...

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