Focus on Fuel
Ecuador starts dismantling Yasuni National Park oil block two days before court deadline
Ecuador has begun dismantling oil infrastructure in Yasuni National Park ahead of a court deadline, but progress is slow, sparking criticism from Indigenous...
Texas narrows gas plant projects vying for $5.4 billion in funding
Texas selected 17 projects for $5.38 billion in funding to develop gas-fired power plants, advancing nearly 10,000 MW in capacity.
Venture Global seeks OK to unload first LNG commissioning cargo at Louisiana plant
Venture Global LNG seeks U.S. approval to unload its first LNG commissioning cargo at the Plaquemines plant by Aug. 30.
Global IT outage in July exacerbated California fuel storage issues, says storage broker
The outage forced U.S. traders to store jet fuel on tankers, exacerbating California's existing petroleum storage constraints.
Shares of Parex Resources drop after company cuts production forecast
Parex Resources shares fell 28% after cutting 2024 production guidance and announcing CFO Sanjay Bishnoi's departure.
Marathon Oil shareholders vote in favor of $16 billion ConocoPhillips deal
Marathon Oil shareholders on Thursday approved the U.S. oil producer's nearly $16 billion acquisition by ConocoPhillips, the company said.
Drax to pay £25m penalty for data breach after wood pellet probe
British power station operated fined for failure to accurately report data on the source of 'renewable' wood pellets burned for energy.
UK drops legal defence for Rosebank and Jackdaw oil and gas fields
UK Government will not challenge judicial reviews brought against fossil fuel developments in order to “save the taxpayer money”.
