Focus on Oil
Imperial Oil marks record Q1 production at Kearl ahead of Trans Mountain start
Imperial Oil Ltd. pushed its Kearl oilsands project to record production for its first quarter as it continues to ramp up output ahead...
‘End of oil not in sight’, says OPEC Secretary General
OPEC Secretary General Haitham Al Ghais wrote there is "a worrying trend of narratives" that use terms like the end of oil, which...
Cap on production may be too complicated for global plastic treaty: Canada’s environment minister
Canada's Environment Minister Steven Guilbeault says the world can solve its plastic problem without insisting on hard caps on plastic production.
Canada’s Cenovus Energy fined $2.5 million for biggest oil spill in Newfoundland and Labrador history
Cenovus Energy has been ordered to pay a $2.5-million fine for its role in the largest offshore oil spill ever recorded in Newfoundland...
US oil giants’ profits dip as Exxon deal nears finish line
ExxonMobil CEO Darren Woods expressed confidence in closing the Pioneer transaction in Q2, describing "constructive" work with U.S. regulators reviewing the deal for...
TotalEnergies considers listing in New York, says CEO
French oil major TotalEnergies is "seriously" looking at a possible listing in New York, CEO Patrick Pouyanne told analysts on Friday
Exxon misses on Q1 profit despite big gains in Guyana
Exxon Mobil Corp missed estimates with a 28% year-on-year drop in first quarter profits, as weaker refining margins offset volume gains
Oil giant Chevron reports Q1 profit beat
Chevron, the second largest U.S. oil producer, posted a profit of $5.5 billion in the quarter ended on March 31
Climate groups picket Swiss National Bank’s shareholder meeting
The picket follows a decision by Europe's top human rights court that Bern was not doing enough to protect its citizens from climate...
Italy sets conditions for Vitol’s takeover of oil refiner Saras
Oil refiner Saras's controlling shareholder - the Moratti family - said in February it had agreed to sell its stake to energy company...
