Focus on Fuel
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.
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.
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.
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.
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...
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...
European stocks climb on energy boost; headed for weekly losses
European shares rose on energy stock gains but faced a weekly decline as U.S. election uncertainty fueled safe-haven asset demand.
‘Waiting in vain’: year on from pledge, world clings to fossil fuels
One year after COP28's fossil fuel pledge, nations push oil and gas expansions, drawing criticism ahead of COP29 climate talks.
World may be merely scratching the surface on the scope of climate-changing methane emissions
GHGSat found 20K super-emitters in 2023, showing rising methane emissions from oil, gas, mining, and waste.
Coterra Energy posts lower quarterly profit
U.S. oil and gas producer Coterra Energy posted a 22 per cent decline in third-quarter profit on Thursday, hurt by weak prices of...
