Focus on Oil
Russian plant fire rages on, 24 hours after Ukrainian attack
"It takes a certain amount of time to complete the burnout process. The situation is under control."
BP projects 44% jump in oil output from India’s largest field, ONGC says
The increase in production is expected to begin in the next fiscal year starting April 1.
Alaska wildlife refuge drilling auction yields no bids, US says
The congressionally mandated oil and gas drilling lease auction in Alaska's Arctic National Wildlife Refuge received no bids from energy companies.
US oil imports from Canada hit record ahead of tariff threat, EIA data shows
U.S. crude oil imports from Canada rose last week to the highest on record, data from the EIA showed on Wednesday.
Finland says oil tanker linked to subsea cable damage has serious deficiencies
Baltic Sea nations are on high alert following a string of power cable, telecom link, and gas pipeline outages.
Shell warns of £1bn cash hit from emissions certificates payments
The energy major said on Wednesday that the charge is “related to timing of payments of emissions certificates” in Germany and the US.
EU warns of ‘serious blow’ from Trump on climate change
Global climate efforts face a setback if Trump exits the Paris Agreement again, warns EU climate chief Hoekstra.
Alaska sues Biden administration over oil and gas leases in Arctic refuge
Alaska sues Biden administration over restrictions on Arctic refuge drilling, claiming violations of Congressional mandates.
Exxon Mobil Corp. sues California attorney general for defamation over plastic recycling claims
The oil and gas giant seeks unspecified damages and retractions of 'defamatory statements.'
