Sunday, 26 January 2025

Focus on Fuel

FILE PHOTO: The Exxon Mobil Corp building is pictured in Georgetown, Guyana February 18, 2022. REUTERS/Sabrina Valle/File Photo
BusinessNewsOil

Exxon misses on Q1 profit despite big gains in Guyana

Exxon Mobil Corp missed estimates with a 28% year-on-year drop in first quarter profits, as weaker refining margins offset volume gains

FILE PHOTO: A Chevron gas station sign is shown after Chevron Corp said it would buy Hess Corp in a $53 billion all-stock deal, in Encinitas, California, U.S., October 23, 2023. REUTERS/Mike Blake/File Photo
BusinessNewsOil

Oil giant Chevron reports Q1 profit beat

Chevron, the second largest U.S. oil producer, posted a profit of $5.5 billion in the quarter ended on March 31

FILE PHOTO: The Swiss National Bank (SNB) building is seen near the Limmat river in Zurich, Switzerland March 23, 2023. REUTERS/Denis Balibouse/File Photo
ClimateEnvironmentNewsOil

Climate groups picket Swiss National Bank’s shareholder meeting

The picket follows a decision by Europe's top human rights court that Bern was not doing enough to protect its citizens from climate...

FILE PHOTO: A sign is pictured in front of the Vitol Group trading commodities building in Geneva October 4, 2011. Picture taken October 4, 2011.     REUTERS/File Photo
IndustryNewsOilPolitics

Italy sets conditions for Vitol’s takeover of oil refiner Saras

Oil refiner Saras's controlling shareholder - the Moratti family - said in February it had agreed to sell its stake to energy company...

FILE PHOTO: Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo
FuelLiquefied Natural GasNews

As demand for US LNG booms, one plant struggles to stay online

By Curtis Williams HOUSTON – The second-largest U.S. liquefied natural gas (LNG) export facility has been running below 80% of its capacity due...

A view of Duke Energy's Marshall Power Plant in Sherrills Ford, North Carolina, U.S. November 29, 2018. REUTERS/Chris Keane/File Photo
AnalysisCarbon ManagementClimateCoalCourtsEmissionsIn-DepthLegislationNatural GasPoliticsRegulations

Explainer: New U.S. EPA power sector rules set up likely legal clashes

The U.S. Environmental Protection Agency's new regulations targeting pollution from power plants are expected to usher in major legal challenges. Here is what...

FILE PHOTO: An exhibition booth of Tellurian is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. Picture taken May 23, 2022. REUTERS/Florence Tan/File Photo
BusinessLiquefied Natural GasNews

Top Tellurian executives poised for big payday if LNG plant goes ahead

Top executives of U.S. liquefied natural gas developer Tellurian Inc could earn tens of millions of dollars if its proposed Driftwood LNG plant...

FILE PHOTO: Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping during a meeting at the Belt and Road Forum in Beijing, China, October 18, 2023. Sputnik/Sergei Guneev/Pool via REUTERS/File Photo
EconomyLiquefied Natural GasNatural GasNewsOilPoliticsTrade

China must stop aiding Russia if it seeks good relations with West: NATO

'Dependencies make us vulnerable,' NATO Secretary-General Jens Stoltenberg says in a speech warning the West against depending on China as it did on...

Alberta is appealing a judge's ruling that ordered the release of internal documents on coal mining in the province's Rocky Mountains. Alberta's provincial flag flies in Ottawa on Monday July 6, 2020. THE CANADIAN PRESS/Adrian Wyld
CoalCourtsEnvironmentNewsPolitics

Alberta to appeal ruling ordering release of documents on coal mining in Rockies

Alberta is appealing a judge's ruling that ordered the release of internal documents on coal mining in the western Canadian province's Rocky Mountains.

FILE - In this picture provided by Swedish Coast Guard, a leak from Nord Stream 2 is seen, on Sept. 28, 2022. A Chinese container ship remains to be the prime suspect in causing damage last year to a Baltic Sea gas pipeline running between NATO members Finland and Estonia which was reopened this week after multimillion-euro repair work, (Swedish Coast Guard via AP, File)
FuelNatural GasNewsPoliticsTradeTransmissionTransport

Chinese ship remains prime suspect in damage to Baltic Sea gas pipeline that reopened this week

It has been more than six months since substantial, human-made damage that caused a major drop in pressure was first detected in the...

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