Friday, 25 April 2025

Focus on Fuel

FILE PHOTO: The logo of Ferrari is seen on a car during the Prague Autoshow in Prague, Czech Republic, April 13, 2019. REUTERS/David W Cerny/File Photo
AutomotiveBusinessFuelNews

Ferrari appeals to traditional base with two new V12 cars

Despite promising its first fully-electric vehicle in 2025, Ferrari has said it will continue selling internal combustion engine cars.

FILE PHOTO: ExxonMobil and Pioneer Natural Resources logos are seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceFuelNatural GasNewsOil

Pioneer reports lower profit ahead of its takeover by Exxon

Pioneer Natural Resources on Thursday reported a lower first-quarter profit, weighed down by higher production costs and weak natural gas prices.

FILE PHOTO: The logo of U.S. oil and gas company EOG Resources is seen in its office in Chongqing, China December 15, 2017. Picture taken December 15, 2017. REUTERS/Chen Aizhu/File Photo
BusinessFinanceNatural GasNewsOil

EOG Resources beats first-quarter profit estimates

Crude oil prices in the quarter mirrored prices from the previous year as production cuts by OPEC+ countries offset lower demand, helping oil...

FILE PHOTO: Scott Sheffield, CEO of Pioneer Resources, speaks during the IHS CERAWeek 2015 energy conference in Houston, Texas April 21, 2015.  REUTERS/Daniel Kramer/File Photo
AnalysisBusinessEconomyIn-DepthOilPolitics

U.S. oil executive censure puts spotlight on shale-OPEC meetings

A U.S. regulator's censure of a top U.S. oil executive over private meetings with the Organization of the Petroleum Exporting Countries (OPEC) group...

l Power’s Genesee plant is seen near Edmonton in an Oct. 19, 2022, handout photo. An analyst says a corporate decision to mothball Canada's largest carbon capture and storage project is likely the result of financial uncertainty and technological risks.THE CANADIAN PRESS/HO-Capital Power, Jimmy Jeong, *MANDATORY CREDIT*
BusinessCarbon ManagementEconomyNewsPolitics

Financial, technology risks likely delayed Alberta carbon capture project: analysts

An analyst says a corporate decision by Capital Power to mothball Canada's largest carbon capture and storage project is likely the result of...

Fuel retailer Parkland Corp. says the 157 Canadian fuel and convenience store locations it has put up for sale are generating a great deal of interest from prospective buyers. A person prepares to fill up at a gas station in Mississauga, Ont., Tuesday, Feb. 13, 2024. THE CANADIAN PRESS/Christopher Katsarov
AutomotiveBusinessFuelNewsOilTransport

Parkland: Lots of buyer interest in fuel, convenience store locations

Fuel retailer Parkland Corp. said Thursday the 157 Canadian fuel and convenience store locations it has put up for sale are generating a...

Exports to Europe have long been Gazprom's top earnings source (AFP)
BusinessEconomyFinanceNatural GasNewsPolitics

Record loss for Russia’s Gazprom as European market closed

Exports to Europe have long been Gazprom's top earnings source, but following the start of the conflict in Ukraine European nations sought to...

da's latest greenhouse gas emissions report shows progress toward meeting its next target in 2030 but there is still a very long way to go. A man fills up his truck with gas in Toronto, on Monday, April 1, 2019. THE CANADIAN PRESS/Christopher Katsarov
ClimateCoalElectricityEmissionsNatural GasNewsOilPoliticsTransport

Latest national emissions report shows signs of progress toward Canada’s 2030 goal

Canada's latest greenhouse-gas emissions report shows the country making progress toward meeting its next target in 2030, but there is still a very...

FILE PHOTO: A mural of the image with "Super Bigote" (Super Mustache) superhero inspired by Venezuelan President Nicolas Maduro is pictured in Caracas, Venezuela April 17, 2024. REUTERS/Leonardo Fernandez Viloria/File Photo
EconomyElectionsNewsOilPolitics

Venezuela looks to increase tax take after renewed sanctions, ahead of election

The Venezuelan government is aiming to make up for the return of U.S. oil sanctions by raising tax revenues so it can increase...

The Canadian Natural Resources logo is shown at the company's annual meeting in Calgary, Thursday, May 4, 2017. THE CANADIAN PRESS/Jeff McIntosh
BusinessFinanceNatural GasNewsOil

Canadian Natural Resources sees path to hike Horizon oilsands output by 76%

Canadian Natural Resources Ltd. said it believes the output of its Horizon oilsands mine could be increased by 195,000 barrels per day of...

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