Monday, 24 February 2025

Focus on Fuel

Kerch Strait, Crimea, July 17, 2023.  REUTERS
BusinessClimateNewsOilWeather

Russian tanker splits in storm, spilling oil into Kerch Strait

The tanker split apart during a heavy storm, while another tanker was also in distress after sustaining damage.

lgary-based pipeline giant Enbridge says it has cleaned up about 60 per cent of a nearly 265, 000-litre oil spill in Wisconsin that was discovered last month. The corporate name stands out on tanks shown Friday, June 29, 2018 at the Superior terminal of Enbridge Energy in Superior, Wis.  THE CANADIAN PRESS/AP-Jim Mone
ClimateEnvironmentFuelIndigenousNewsOilPolitics

Enbridge reports 265,000-litre oil spill in Wisconsin

Enbridge says the spill was discovered by an employee conducting a visual inspection of its Line 6 at the Enbridge Cambridge Station.

FILE PHOTO: The logo of China National Offshore Oil Corporation (CNOOC) is seen at its booth during the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 1, 2022. REUTERS/Florence Lo/File Photo
BusinessFuelNatural GasNewsOil

China’s CNOOC sells US assets to Britain’s INEOS

The deal primarily includes non-operator interests in oil and gas projects such as the Appomattox and Stampede fields.

FILE PHOTO: Serbia's President Aleksandar Vucic looks on during a press conference in Belgrade, Serbia, November 6, 2024. REUTERS/Zorana Jevtic/File Photo
FuelNewsOilPoliticsTrade

US mulls sanctions against Serbian oil firm majority owned by Russians, president says

UK and EU sanctions would likely follow, affecting oil shipments through a pipeline from Croatia.

FILE PHOTO: U.S. Treasury Secretary Janet Yellen attends an interview with Reuters Editor in Chief Alessandra Galloni in Washington, U.S., April 25, 2024. REUTERS/Evelyn Hockstein/File Photo
AutomotiveBusinessEconomyLegislationMaritimeNewsOilPoliticsRegulationsTradeTransport

Yellen won’t rule out sanctions on Chinese banks, curbs on ‘dark fleet’ oil tankers

Yellen signals new sanctions on Russian oil and Chinese banks to curb funding for the Ukraine war amid a softer oil market.

A driver checks the line as he waits for gasoline in Havana, Cuba, December 13, 2024. REUTERS/Alexandre Meneghini
AutomotiveEconomyNatural GasNewsOilPoliticsTradeTransport

Cuba runs short on fuel at pump as energy crisis festers

Cuba faces severe fuel shortages, with closed gas stations and long lines, compounding the impact of recent blackouts.

FILE PHOTO: A specialist trader works at the post where BlackRock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022.  REUTERS/Brendan McDermid/File Photo
BusinessClimateCoalEmissionsEnvironmentFinanceNatural GasNewsOil

US House panel finds BlackRock, other asset managers leery of joining climate initiative

U.S. asset managers avoided climate initiatives fearing regulatory scrutiny, as GOP alleges a "climate cartel" collusion scheme.

FILE PHOTO: Trafigura logo is seen in this illustration taken, April 23, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
Critical MineralsFuelMineralsNewsOil

Trafigura net profit, equity drops after Mongolia fraud

As its earnings fall, the Geneva-based firm faces possible fines as a result of a corruption trial in Switzerland.

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