Friday, 31 January 2025

Focus on Fuel

A delegate takes a selfie during the inaugural session of annual Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi, United Arab Emirates, Monday, Nov. 4, 2024. (AP Photo/Altaf Qadri)
ClimateNatural GasNewsOil

The UAE opens its annual oil-and-gas summit as industry weathers Mideast wars and awaits US election

The UAE opens its oil summit, eyeing production boosts amid volatile prices and geopolitical uncertainty.

AgricultureAnalysisCarbon ManagementClimate FinanceEmissionsIn-Depth

Where will captured carbon go? Ohio company among those seeking to embed it in new products

Quasar Energy Group heads up a team awarded a U.S. grant to use carbon dioxide from biodigesters to make algae-based polyurethane.

AnalysisCarbon ManagementClimate FinanceEmissionsEnvironmentPoliticsRegulations

How US states can lead on carbon removal policy

U.S. states are scaling carbon removal efforts, adapting policies to local needs, and setting examples for climate action nationwide.

AnalysisCarbon ManagementClimate FinanceCourtsEmissionsEmissions MarketsOpinionPoliticsRegulationsUnited Nations

Opinion: How COP29 can make ‘polluter pays’ principle a reality

Opinion: COP29 must enforce the "polluter pays" principle, holding emitters accountable to fund climate adaptation and mitigation efforts.

FILE PHOTO: The LyondellBasell refinery, located near the Houston Ship Channel, is seen in Houston, Texas, U.S., May 5, 2019.  REUTERS/Loren Elliott/File Photo
BusinessChemicalsNewsOil

Another US oil refinery to vanish with Lyondell Houston plant closing

LyondellBasell plans to shut its 263,776 bpd Houston refinery in early 2025, as fuel demand dips amid green energy shifts.

Arthur C. Blue, right, and Kimbrelle Eugene Kyereh talk about the changed landscape of the town they grew up in, alongside the IMTT facility in the Elkinsville section of St. Rose, La., Friday, Aug. 16, 2024. (AP Photo/Gerald Herbert)
AnalysisCarbon ManagementChemicalsEmissionsEnvironmentPoliticsRegulations

With carbon capture boom, a wariness in historic Louisiana Black community over more pollution

Residents of historic Black town fight a planned ammonia plant, citing health risks from pollution while state backs project.

FILE PHOTO: Oilfield workers hold a flag with the corporate logo of Venezuela's state oil company PDVSA near Cabrutica at the state of Anzoategui. April 16, 2015. REUTERS/Carlos Garcia Rawlins/File Photo
BusinessNewsOilTrade

Venezuela’s oil exports hit a 4-year peak on higher output, sales to US, India

Venezuela’s oil exports surged to a four-year high in October, reaching 950,000 bpd, driven by rising output and exports to India.

A flare stack lights the sky from the Imperial Oil refinery in Edmonton, Dec. 28, 2018. THE CANADIAN PRESS/Jason Frans
BusinessNewsOil

Imperial Oil reports $1.24B third-quarter profit, down from $1.60B a year ago

Imperial Oil Ltd. reported a third-quarter profit of $1.24 billion, down from $1.60 billion in the same quarter last year.

FILE PHOTO: Storage tanks are seen at Enbridge’s terminal located outside Manhattan, Illinois, U.S., June 26, 2024. REUTERS/Nicole Jao/File Photo
BusinessNatural GasNewsOil

Enbridge’s Q3 profit more than doubles on acquisition contributions

Enbridge's Q3 profit more than double, driven by U.S. gas acquisitions and strong oil demand, though higher financing costs lead to a slight...

An aerial view of Exxon Mobil’s Beaumont oil refinery, which produces and packages Mobil 1 synthetic motor oil, in Beaumont, Texas, U.S., March 18, 2023. REUTERS/Bing Guan/File Photo
BusinessChemicalsFuelNatural GasNewsOil

Exxon’s $8.6 billion profit beats as volume offsets price weakness

Exxon's Q3 profit surpasses forecast, aided by Pioneer acquisition-driven shale gains and cost controls, despite a five per cent YoY dip amid weaker...

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