Thursday, 6 February 2025

Focus on Oil

FILE PHOTO: Magda Chambriard, director of the ANP oil agency, attends a news conference in Rio de Janeiro May 23, 2013.    REUTERS/Ricardo Moraes/File Photo
AnalysisBusinessEconomyIn-DepthLabourNewsOilPolitics

Magda Chambriard, new Petrobras CEO, tasked with firing up job creation in Brazil

The next chief executive of Petrobras, Magda Chambriard, arrives with the résumé and mandate to make Brazil's state-run oil firm what it was...

FILE PHOTO: The logo of American multinational oil and gas corporation ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessClimateFinanceNewsOil

Exxon: proxy advisor Glass Lewis should recuse itself from making recommendations

(Reuters) – U.S. oil giant Exxon said on Wednesday proxy advisor Glass Lewis should recuse itself from making recommendations on its upcoming shareholder...

EnvironmentMaritimeNewsOilTransport

Barge hits bridge in Texas, spills oil and shuts road

(Reuters) -A barge crashed into a bridge on the Texas coast on Wednesday, forcing the closure of the only roadway to a small...

A picture taken through a window shows smoke rising from wildfire MWF017 on the south side of the Athabasca River valley near Fort McMurray, Alberta, Canada May 10, 2024. Alberta Wildfire/Handout via REUTERS
NewsOilWeather

Winds set to push blaze away from Canadian oil city, says wildfire service

Favorable winds are expected to push a major wildfire away from the Canadian oil sands city of Fort McMurray, officials said on Wednesday,...

Prime Minister Rishi Sunak departs 10 Downing Street, London, to attend Prime Minister’s Questions at the Houses of Parliament (Yui Mok/PA)
Natural GasNewsOilPolitics

Cross-party MPs urge Sunak to end plans to ‘max out’ North Sea oil

Parliamentary groups tells PM Sunak North Sea plans are 'retreating from responsibility' on the global stage.

Petrobas CEO Jean Paul Prates (L) speaks during the CERAWeek oil summit in Houston, Texas in March 2024 (AFP)
NewsOilPolitics

Chief of state oil company dismissed in Brazil

Jean Paul Prates, an ally of President Lula, dismissed after spat with shareholders over dividend payments.

FILE PHOTO: Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping during a meeting at the Belt and Road Forum in Beijing, China, October 18, 2023. Sputnik/Sergei Guneev/Pool via REUTERS/ File Photo
NewsOilPoliticsTrade

Putin to discuss Ukraine and energy with Xi in China

Russia has become China's top crude supplier, with its oil shipments to China jumping more than 24% in 2023 despite Western sanctions.

Pathways Alliance CEO Kendall Dilling is interviewed at the World Petroleum Congress in Calgary, Monday, Sept. 18, 2023.THE CANADIAN PRESS/Jeff McIntosh
BusinessCarbon ManagementEnvironmentNatural GasNewsOilPoliticsRegulations

Canadian groups, First Nation want public hearing on Pathways Alliance carbon capture plans

The groups say they want the regulator to hold a public hearing on the Pathways Alliance's proposed $16.5-billion carbon capture network in Canada's...

FILE PHOTO: Ranking Member U.S. Representative Jamie Raskin (D-MD) looks on during a press conference as Hunter Biden, son of U.S. President Joe Biden, attends a closed deposition with members of the Republican-led House Oversight Committee conducting an impeachment inquiry into the president, at the O'Neill House Office Building in Washington, U.S., February 28, 2024. REUTERS/Evelyn Hockstein/File Photo
BusinessNewsOilPolitics

US lawmaker asks oil companies about ‘quid pro quo’ Trump offer

WASHINGTON – The top Democratic lawmaker on a U.S. House oversight panel has sought information from nine oil companies about a media report...

FILE PHOTO: The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria April 9, 2020.  REUTERS/Leonhard Foeger/File Photo
BusinessNewsOil

OPEC sticks to oil demand view, sees potential economic upside

Monthly report announces that world oil demand will rise by 2.25 million barrels per day in 2024, figures unchanged from last month.

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