Monday, 3 February 2025

Focus on Fuel

FILE PHOTO: Democratic presidential candidate and U.S. Vice President Kamala Harris speaks at a campaign event at UNLV (University of Nevada, Las Vegas) campus, in Las Vegas, Nevada, U.S., August 10, 2024. REUTERS/Kevin Mohatt/File Photo
ElectionsFuelLiquefied Natural GasNewsOilPolitics

Harris’ energy policy is strategically ambiguous, her aides say

Industry analysts look to previous campaigns and political record for clues on Kamala Harris' energy policies as Trump rails against renewables.

Hawk Dunlap, an oil well control specialist, and Sarah Stogner, an oil and gas lawyer, survey an excavated pumpjack with a leaking surface casing in Ward County, Texas, U.S., August 6, 2024. REUTERS/Adrees Latif
FuelNewsOilPoliticsRegulations

Texas oil regulator under scrutiny as zombie wells gush back to life

In Texas, zombie wells plugged a year ago come back to life leading to tough questions for the confusingly named Railroad Commission.

The Energy Crisis Commission will make a series of high-level recommendations focused on ensuring the country is better equipped to withstand possible future energy crises (PA)
ElectricityFuelNatural GasNewsPolitics

Energy Crisis Commission launched to review impact in the UK

Energy experts will review the effect of UK crisis in the industry stemming from rises in the wake of Russian invasion of Ukraine.

FILE PHOTO: A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, as a 1.5MW GE wind turbine from the Desert Sky Wind Farm is seen in the distance, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo
ClimateEnvironmentFuelNewsOil

US shale companies produce more crude using fewer rigs

Greater operating efficiencies in the top U.S. shale patch are squeezing out more oil without higher spending, according to the numbers.

FILE PHOTO: A general view shows an oil rig used in drilling at the Zubair oilfield in Basra, Iraq, July 5, 2022. REUTERS/Essam Al-Sudani/File Photo
BusinessFuelNewsOil

Oil tumbles on easing fears of wider Middle East war

Oil prices dipped on Tuesday after five straight sessions of gains, with OPEC moving to cut its forecast for demand growth in 2024.

FILE PHOTO: Exxon Mobil logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFuelLabourLiquefied Natural GasMiningNatural GasNewsOil

Exxon Mobil reports 59 layoffs to Texas agency post-Pioneer acquisition

Exxon Mobil issued layoff notices to 59 employees following its $60 billion acquisition of Pioneer Natural Resources.

FILE PHOTO: Brazil's state-run Petrobras oil company headquarters is pictured in Rio de Janeiro, Brazil May 27, 2019. Picture taken May 27, 2019. REUTERS/Sergio Moraes/File Photo
BusinessFuelLabourNatural GasNewsOil

Brazil environmental workers sign agreement to end strike holding up oil permits

Brazil's federal environment workers' union ends strike over oil and gas licenses, but broader work slowdown persists.

FILE PHOTO: A Chevron gas station sign is seen in Austin, Texas, U.S., October 23, 2023.   REUTERS/Brian Snyder/File Photo
FuelInfrastructureNewsOilTransmission

Chevron delivers industry first in ultra-high pressure oil field

Chevron has achieved a technological breakthrough, producing first oil from Gulf of Mexico field under extreme subsea pressures

A gas worker walks between pipes in a compressor and distribution station of the Urengoy-Pomary-Uzhgorod gas pipeline in this file photo. REUTERS/Sergei Karpukhin/ File Photo
FuelInfrastructureNatural GasNewsPoliticsTradeTransmission

Is it the end for Russian gas supplies to Europe via Ukraine?

Russia is still pumping natural gas to Europe via Ukraine, but as this five-year deal comes to a close in 2024, what comes...

A view shows the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside its headquarters in Vienna, Austria, May 28 , 2024. REUTERS/Leonhard Foeger/ File Photo
BusinessFinanceFuelNewsOilPoliticsTrade

OPEC cuts oil demand growth forecast, highlighting dilemma over Oct hike

OPEC on Monday cut its forecast for global oil demand growth in 2024, citing weaker than expected data for the first half of...

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