Friday, 8 August 2025

Focus on Oil

TotalEnergies chief executive Patrick Pouyanne has floated the idea of moving the group's main listing from Paris to New York (AFP)
BusinessNatural GasNewsOil

France to ‘fight’ TotalEnergies New York listing

French Finance Minister vows to keep oil and gas giant Total Energies' New York move at bay after CEO proposed stock listing change.

Fuel retailer Parkland Corp. says it posted a net loss of $5 million in its first quarter as its financial results took a hit due to an unplanned shutdown at its Burnaby refinery. A woman gasses up at a gas station in Mississauga, Ont., Tuesday, Feb. 13, 2024. THE CANADIAN PRESS/Christopher Katsarov
BusinessFuelNewsOil

Parkland Corp. posts first-quarter loss due to refinery outage

Parkland financial results hit by unplanned shutdown of Burnaby, B.C. facility in January, with a net loss of $5m in first quarter.

FILE PHOTO: ExxonMobil and Pioneer Natural Resources logos are seen in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessCourtsFinanceNewsOilPolitics

Exxon to bar Pioneer CEO from its board in deal with FTC: WSJ report

Exxon Mobil is set to close its $60 billion deal for Pioneer Natural Resources following an agreement with antitrust enforcers to not add...

A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015.    REUTERS/Nick Oxford/File Photo
BusinessNewsOil

Devon Energy beats Q1 profit estimate

Oil and gas producer Devon Energy sees higher production offset decline in natural gas prices.

FILE PHOTO: Shell logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOil

Advisors suggest Shell investors oppose climate resolution at AGM

Climate resolution to be put before Shell shareholders pushes for Paris Agreement targets, but Glass Lewis doubts benefit.

Federal Trade Commission seal is seen at a news conference to announce that Facebook Inc has agreed to a settlement of allegations it mishandled user privacy at FTC Headquarters in Washington, U.S., July 24, 2019. REUTERS/Yuri Gripas/ File photo
BusinessCourtsNewsOilPolitics

US FTC set to rule on $60 billion Exxon-Pioneer deal, Bloomberg reports

The U.S. Federal Trade Commission is set to decide whether to sue to block Exxon Mobil's $60 billion acquisition of Pioneer Natural Resources...

Assistant Secretary of State for Energy Resources, U.S. Department of State, Geoffrey Pyatt poses for a portrait during CERAWeek by S&P Global in Houston, Texas, U.S. March 19, 2024.  REUTERS/Callaghan O'Hare/ File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)FinanceLiquefied Natural GasNewsOilPoliticsTrade

US State Dept says oil service firm SLB is not violating Russia sanctions

The U.S. and other western countries have sought to reduce Moscow's energy revenue through sanctions that prompted many service companies to leave Russia....

Five members of Christian Climate Action occupying the lobby of the Labour Party HQ (Christian Climate Action/PA)
FuelNewsOilPolitics

Vicars hold church service in British Labour HQ to protest oil field licence

A group of vicars have occupied and held a church service inside the British Labour Party headquarters in London to protest the proposed...

The fixed wellhead platform of Cenovus Energy's West White Rose extension project, which had been suspended in March 2020, is seen under construction in Argentia, Placentia Bay, Newfoundland, Canada December 13, 2019. Picture taken December 13, 2019. REUTERS/Greg Locke/ File Photo
BusinessNatural GasNewsOil

Canada’s Cenovus Energy posts higher first-quarter profit

Cenovus first quarter results show record volume and rise in net income.

Workers lay pipe during construction of the Trans Mountain pipeline expansion on farmland, in Abbotsford, B.C., on Wednesday, May 3, 2023. Wednesday marks the official start date of the long-awaited $34 billion Trans Mountain oil pipeline expansion project. THE CANADIAN PRESS/Darryl Dyck
EconomyInfrastructureNewsOilPoliticsTradeTransmission

Oil begins moving on $34 billion Trans Mountain pipeline expansion

Expanded pipeline from Alberta to British Columbia coast ready to transport crude oil, but with Trans Mountain open questions still remain over the...

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