Wednesday, 22 January 2025

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FILE PHOTO: The headquarters of Argentina's state energy company YPF is seen in Buenos Aires, Argentina February 10, 2021. Picture taken February 10, 2021. REUTERS/Matias Baglietto/File Photo
BusinessFuelNatural GasNewsOil

JPMorgan upgrades YPF, expecting further growth for Argentine energy sector

In 2024, YPF's shares soared more than 150% amid a major rally in Argentine stocks.

FILE PHOTO: The Chevron logo is pictured after the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas, Venezuela, December 2, 2022. REUTERS/Gaby Oraa/File Photo
BusinessNatural GasNewsOilPolitics

Chevron donating to President-elect Donald Trump’s inaugural committee, spokesperson says

Chevron will donate to Donald Trump's inaugural fund, a company spokesperson said on Thursday, declining to specify the amount.

FILE PHOTO: U.S. President Joe Biden speaks at a reception for newly elected Democratic members of Congress, in Washington, U.S. January 5, 2025. REUTERS/Nathan Howard/File Photo
BiofuelsBusinessNewsPoliticsRegulationsSustainable Aviation Fuel

Biden administration to release short-term guidance on clean fuel tax credit, sources say

Biden's clean fuel tax credit guidance set for Friday, final decisions left to Trump, casting industry uncertainty.

dian Natural Resources Ltd. logo is shown in a handout. Oil and gas giant Canadian Natural Resources Ltd. says it plans to boost its overall production by 12 per cent in 2025. THE CANADIAN PRESS/HO
BusinessNatural GasNewsOil

CNRL to boost oil, gas output by 12 per cent in 2025

Oil and gas giant Canadian Natural Resources Ltd. says it plans to boost its overall production by 12 per cent in 2025.

FILE PHOTO: The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier/File Photo
BusinessFuelLiquefied Petroleum GasNews

Saudi Aramco and Sonatrach cut LPG prices for January

LPG is used mainly as fuel for cars, heating and as a feedstock for other petrochemicals.

FuelNewsOilPolitics

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."

A dump truck works near the Syncrude oil sands extraction facility near the city of Fort McMurray, Alberta on Sunday June 1, 2014. THE CANADIAN PRESS/Jason Franson
Carbon ManagementClimateEmissionsFuelNews

Political uncertainty could derail major carbon capture project: experts

The $16.5-billion project would capture carbon dioxide emissions from the oilsands, Canada's heaviest-emitting sector.

FILE PHOTO: The BP logo is seen at a BP gas station in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/ File Photo
BusinessFuelNatural GasNewsOil

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.

FILE PHOTO: Logo of Hyundai Motor Group on a car outside an automobile showroom is pictured in New Delhi, India, September 6, 2024. REUTERS/Ainnie Arif/File Photo
AutomotiveBusinessElectric Vehicles (EVs)HydrogenIndustryManufacturingNews

Hyundai Motor Group to invest record $16.7 billion in South Korea this year

Hyundai Motor Group plans a record $16.7 billion investment in South Korea, focusing on EVs, R&D, and growth.

FILE PHOTO: Oil pump jack is seen in front of displayed U.S. flag in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BiodiversityBusinessClimateEmissionsEnvironmentIndigenousNatural GasNewsOilPoliticsRegulations

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.

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