Sunday, 2 February 2025

Focus on Fuel

FILE PHOTO: Miguel Galuccio, Vista oil company founder and chairman, reacts during a celebration marking Vista's fifth anniversary of its stock listing at the New York Stock Exchange (NYSE), in New York City, U.S., September 3, 2024.  VISTA/Handout via REUTERS/File Photo
BusinessFuelMiningNewsOil

Vista Energy to pump more than $1bn into growing Argentina shale

Fracking in Argentina gets a boost at Vaca Muerta, the world's largest shale project in development outside the US.

Workers on strike at Marathon Petroleum's (MPC.N) Detroit refinery walk the picket line in Detroit, Michigan, U.S., September 4, 2024.  REUTERS/Rebecca Cook
BusinessLabourNewsOil

Marathon’s Detroit refinery workers to strike from Wednesday

Half of refinery workforce to strike in Detroit over pay and schedules, but Marathon says action won't impact operations.

FILE PHOTO: A general view of the Equinor's Johan Sverdrup oilfield platforms in the North Sea, Norway December 3, 2019. REUTERS/Ints Kalnins/File Photo
BusinessCourtsFuelNatural GasNewsOilPolitics

Norway seeks to end climate injunction against three oilfields

Norwegian government hopes appeals court will lift injunction on developing fossil fuel projects after ruling was temporarily put on hold.

FILE PHOTO: A gas pump is inserted inside an Audi vehicle at a Mobil gas station in Beverly Boulevard in West Hollywood, California, U.S., March 10, 2022. Picture taken March 10, 2022. REUTERS/Bing Guan/File Photo
EconomyNewsOil

US gasoline slumps to near 3-year low on end of driving season, oil slump

U.S. gasoline futures dropped nearly 6% to a 2021 low, driven by the end of driving season and a broader oil market sell-off.

Model of petrol pump is seen in front of decreasing stock graph in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration/ File Photo
BusinessFinanceNewsOil

AI likely to weigh on oil prices over the next decade: Goldman Sachs

Goldman Sachs warns AI could lower oil prices by reducing costs and boosting supply, outweighing modest demand increases.

A child plays at Surfside Beach as France-flagged vessel LNG Adventure departs from Freeport, Texas, bound for the Panama Canal, in Freeport, Texas, U.S. July 28, 2023. REUTERS/Marianna Parraga/ File Photo
BusinessEconomyLiquefied Natural GasNewsTrade

US LNG exports rebound in August on higher output from Freeport LNG

U.S. LNG exports rose to 7.48 MT in August as output increased and Freeport LNG resumed operations post-shutdown.

FILE PHOTO: New Fortress Energy's liquefied natural gas (LNG) import terminal is pictured near San Juan, Puerto Rico, July 28, 2022.  REUTERS/Gabriella N. Baez/File Photo
BusinessLiquefied Natural GasNewsTrade

New Fortress Energy receives authorization to export LNG to non-FTA countries

New Fortress Energy said on Tuesday it has received authorization to export liquefied natural gas to non-free trade agreement countries.

FILE PHOTO: The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, near Paris, France September 14, 2023. REUTERS/Gonzalo Fuentes/File Photo
BusinessElectricityNewsOilSolar

TotalEnergies deepens ties with India’s Adani Green in $444M joint venture

The electricity will be sold on the wholesale market and through power purchase agreements signed with the federal government agency, Solar Energy Corporation...

FILE PHOTO: A signpost sits near Enbridge?s Mackinaw facility, servicing the company?s existing underwater Line 5 pipeline and its planned replacement tunnel through the Straits of Mackinac between Lakes Michigan and Huron, in Mackinaw City, Michigan, U.S. February 25, 2024.  REUTERS/Carlos Osorio/File Photo
BusinessFuelNewsOil

Analysis: Trans Mountain pipeline expansion pushes rivals to cut rates

Transporting Canadian crude into the US will be cheaper – for now – as TMX rivals cut tariffs and rule out rationing pipeline...

HydrogenNewsPolitics

Canada’s government keeping tabs on search for geologic hydrogen: memo

Canada’s federal government is keeping an eye on recent industry moves to begin exploring for geologic hydrogen and whether it could be an...

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