Friday, 7 February 2025

Focus on Oil

FILE PHOTO: U.S. President Donald Trump delivers a speech during a tour of the Double Eagle Energy Oil Rig in Midland, Texas, U.S., July 29, 2020. REUTERS/Carlos Barria/File Photo
BusinessClimateEconomyElectionsEmissionsNewsOilPoliticsRegulations

U.S. Senate panels launch probe into Trump ‘quid pro quo’ with energy execs

Media reports said presidential candidate Donald Trump had vowed to reverse dozens of the Biden administration's environmental rules and policies at a meeting...

EconomyIndigenousNewsOilPoliticsRegulationsTransmission

Canada amending Trans Mountain ownership regulations to help pipeline sale

Canada is amending regulations on how it manages the state-owned Trans Mountain oil pipeline in order to facilitate its sale to Indigenous groups,...

U.S. Senator Sheldon Whitehouse (Democrat of Rhode Island) speaks during a news conference at House Triangle on Capitol Hill in Washington, U.S., April 26, 2023. REUTERS/Tom Brenner/File Photo
BusinessCourtsEmissionsLegislationNatural GasNewsOilPolitics

US lawmakers urge Justice Department to probe climate deception by Big Oil

The U.S. Democrats accuse companies of misleading the public by making promises to reduce emissions while also seeking to protect oil and gas...

FILE PHOTO: A man walks in front of the headquarters of Petroleo Brasileiro S.A. (Petrobas) in Rio de Janeiro, Brazil March 9, 2020. REUTERS/Sergio Moraes/File Photo
BusinessNatural GasNewsOilPoliticsRegulations

Petrobras says antitrust watchdog agreed to free company from asset sales

Brazilian state-run oil firm Petrobras said on Wednesday the country's antitrust regulator Cade approved the new terms of an agreement that will free...

Imperial Oil Ltd. says it has started production at its new Grand Rapids oilsands project located at its Cold Lake operating site.The Imperial Oil logo at the company's annual meeting in Calgary on April 28, 2017. THE CANADIAN PRESS/Jeff McIntosh
BusinessEfficiencyEmissionsNewsOil

Imperial starts production at new oilsands project in Alta. using lower-emissions tech

The Calgary-based company, which is majority owned by U.S. giant ExxonMobil, says the project will use a mixture of steam and chemical solvents...

BusinessCourtsEnvironmentMaritimeNewsOilPoliticsTransport

Dumping oil at sea leads to $2 million fine for shipping companies

Two shipping companies agreed to pay $2 million in penalties after pleading guilty to federal charges related to the dumping of oil in...

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
BusinessCourtsFuelNewsOilPolitics

Brazilian court rules against Petrobras in $193 million tax case

Brazil's Superior Court of Justice has denied Petrobras an appeal against the collection of some 987 million reais ($192.68 million) in taxes

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
BusinessEconomyFinanceFuelLiquefied Natural GasNewsOilPolitics

Macron urges TotalEnergies to stay in France after talk of US listing

French President Emmanuel Macron has urged oil giant TotalEnergies to remain in France after news of the company's potential US listing

FILE PHOTO: Model of Oil barrels are seen in front of rising stock graph in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration/File photo
FuelNewsOil

Oil slips for third session on likely ‘higher for longer’ US rates

NEW YORK (Reuters) -Oil prices fell more than 1% on Wednesday, retreating for a third straight day, as Fed officials rekindled worries about...

FILE PHOTO: U.S. President Donald Trump greets Harold Hamm after he was introduced by Hamm at the Shale Insight 2019 Conference in Pittsburgh, Pennsylvania, U.S., October 23, 2019. REUTERS/Leah Millis/File Photo
BusinessCarbon ManagementEconomyElectionsNewsOilPolitics

Oil executives to host Trump fundraiser in Houston

Drillers tend to back Donald Trump’s pro-fossil fuel and anti-regulation agenda and have been critical of President Joe Biden’s efforts to phase out...

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