Monday, 3 February 2025

Focus on Fuel

German Galushchenko, Minister of Energy of Ukraine speaks at the Recovery Forum of the Ukraine Recovery Conference 2024 in Berlin, Germany, June 11, 2024.  REUTERS/Annegret Hilse/ File Photo
Natural GasNewsPoliticsTrade

Russian gas transit route via Ukraine is functioning, minister says

Sudzha gas transit station, which delivers Russian gas to Europe, is still operational despite reports of hostilities, says Ukrainian minister.

FILE PHOTO: A view shows the Gazprom logo installed on the roof of building in Saint Petersburg, Russia February 5, 2024. REUTERS/Anton Vaganov/File Photo
AnalysisIn-DepthNatural GasPoliticsTradeTransmission

What happens if Russian gas transit via Ukraine stops?

Heavy fighting near the Russian town of Sudzha, where Russian gas flows into Ukraine, has raised concerns over a sudden stop to transit...

Vehicles queue to purchase fuel at a retail station in Lagos, Nigeria August 6, 2024. REUTERS/ Francis Kokoroko
AnalysisEconomyFuelIn-DepthOilPolitics

Analysis: In deluge of protests, fuel subsidies prove hard to abolish

High costs without fossil fuel subsidies provoke anger from citizens around the world, leaving governments to continue footing the bill.

FILE PHOTO: An aerial view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia June 13, 2022. Picture taken with a drone. REUTERS/Tatiana Meel/File Photo
NewsOilPoliticsRegulationsTrade

Western insurers provide cover for Russian oil despite price cap concerns

Tankers carrying Russian oil being insured by five Western companies, trading data shows, despite fears that G7 price cap is being breached.

FILE PHOTO: A Marathon Oil well site is seen in Texas, U.S., May 18, 2020. REUTERS/Jennifer Hiller/ File Photo
BusinessFinanceFuelIndustryInfrastructureLiquefied Natural GasLiquefied Petroleum GasNatural GasNewsOilTransmissionUtilities

Marathon Oil misses profit estimates on weak natural gas prices

Marathon Oil missed Q2 profit estimates due to falling natural gas prices, with shares dropping 1.7% after the announcement.

FILE PHOTO: The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Photo
BusinessFinanceFuelNewsOil

Occidental Petroleum beats Q2 profit estimates on higher production

Occidental Petroleum surpassed Wall Street's Q2 profit estimates, driven by increased oil production and higher crude prices.

Suncor Energy facility is seen in Sherwood Park, Alberta, Canada August 21, 2019. REUTERS/Candace Elliott/ File Photo
BusinessFuelIndustryNewsOil

Suncor on track to exceed 2024 oil production, refinery guidance

Suncor Energy's better-than-expected Q2 profits suggest it may exceed 2024 oil production and refinery throughput guidance.

Workers are installing and inspecting a coal transport corridor on Road 147 in Hutubi County, Changji Hui Autonomous Prefecture, Xinjiang, China, on July 22, 2024. Construction of a 34.5 km long coal transport corridor in the mountainous area of Hutubi County is intensifying. (Photo by Costfoto/NurPhoto)NO USE FRANCE
AnalysisBusinessCoalElectricityReportsSolarWind

‘Critical turning point’ for coal poses risks for China’s state power firms: Ember report

China's state-owned enterprises are investing in low-carbon sources and helping push the country’s energy transition towards a “critical turning point” where coal power...

Signage is seen at the headquarters of the United States Environmental Protection Agency (EPA) in Washington, D.C., U.S., May 10, 2021. REUTERS/Andrew Kelly/File Photo
BiofuelsFuelNewsRegulations

US EPA says it is auditing biofuel producers’ used cooking oil supply

Investigations underway into biofuel cooking oil supply chains over concerns of fraudulent feedstocks.

FILE PHOTO: Dead fish from the Oder river are pictured as water contamination is believed to be the cause of a mass fish die-off, in the village of Widuchowa, Poland August 18, 2022. REUTERS/Kuba Stezycki/File Photo
CoalEnvironmentMiningNews

Poland drafting plan to reduce Oder river salinity, minister says

Desalination installations planned to reduce Oder river pollution caused by coal mining waste.

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