Focus on Fuel
Banks slow to limit coal financing: NGO
Environmental group Urgewald's coal report shows banks continue to lend billions to the fossil fuel industry, jeopardising Paris Agreement goals.
Russia is shipping oil to North Korea above mandated levels – US official
US poised to initiate new sanctions as Russian oil is reportedly sent to North Korea far in excess of UN limits, according to...
Exxon-Pioneer deal greenlit by US FTC, Pioneer exec barred from board
Pioneer CEO Scott Sheffield prevented from taking a seat on the board of Exxon Mobil by FTC order.
ConocoPhillips misses Q1 profit estimates
Milder-than-expected winter that hurt demand for fuel sees ConocoPhillips Q1 profits falling below expectations.
OPEC+ could extend oil cuts, formal talks yet to start, sources say
OPEC+ has implemented a series of output cuts since late 2022, which could continue if demand fails to pick up.
Shell logs ‘strong’ quarter as earnings fall but top expectations
The energy major insisted it remained on track to become a net zero company by 2050, but its results sparked fresh anger from...
France to ‘fight’ TotalEnergies New York listing
French Finance Minister vows to keep oil and gas giant Total Energies' New York move at bay after CEO proposed stock listing change.
Boundary Dam carbon capture project missing goals, report says
Goal of Boundary Dam carbon capture to reduce emissions by 90% has never been reached, claims analyst, as technology's economics are disputed.
Column: Texas enters peak season for power output and emissions
The most intensive power demand period of the year has just begun in Texas, but renewables may not be enough to cover surges...
Parkland Corp. posts first-quarter loss due to refinery outage
Parkland financial results hit by unplanned shutdown of Burnaby, B.C. facility in January, with a net loss of $5m in first quarter.
