Monday, 10 March 2025

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dian Natural Resources Ltd. logo is shown in a handout. The company reported a third-quarter profit of $2.27 billion, down from $2.34 billion in the same quarter last year.THE CANADIAN PRESS/HO
BusinessLiquefied Natural GasNatural GasNewsOil

Canadian Natural Resources reports $2.27-billion third-quarter profit

Product sales totalled $10.40 billion, down from $11.76 billion in the same quarter last year.

FILE PHOTO: Mike Wirth, the CEO of Chevron Corporation, listens to a question from Daniel Yergin, the vice chairman of S&P Global, as top energy executives and officials from around the world gather during the CERAWeek 2023 by S&P Global, energy conference in Houston, Texas, U.S., March 6, 2023.  REUTERS/Callaghan O'Hare/File Photo
BusinessFuelNewsOil

Chevron CEO under pressure to halt share slide as Hess deal stalls

After years of outperforming rivals, Chevron and its CEO are now under pressure as the company's Hess purchase stalls.

FILE PHOTO: The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, near Paris, France September 14, 2023. REUTERS/Gonzalo Fuentes/File Photo
BusinessNatural GasNews

TotalEnergies third-quarter income drops as refining margins collapse

French oil and gas producer TotalEnergies warned its earlier in October that its financial results would take a hit.

FILE PHOTO: A general view of a Shell's petrol station in South East London, Britain, February 2, 2023. Shell beat profit expectations in Q3 2024. REUTERS/May James/File Photo
BusinessChemicalsFuelHydrogenLiquefied Natural GasNatural GasNewsOil

Shell Q3 profits of $6 billion beat forecast as gas offsets weak refining

The Anglo-Dutch company's profits are up, as debt drops and sales of super-chilled LNG increase by 1 million metric tons.

The UN's COP29 climate conference in Azerbaijan will not include delegates from Papua New Guinea (AFP)
Carbon ManagementClimateClimate FinanceEmissionsEmissions MarketsEnvironmentIndigenousNewsPoliticsRegulationsUnited NationsWeather

Papua New Guinea to boycott ‘waste of time’ COP29

Papua New Guinea will skip COP29, calling it a "waste of time" with "empty promises" from big polluters, says Foreign Minister Tkatchenko.

FILE - A JetBlue Airbus flies over a pair of Southwest Airlines' jets from Bob Hope Airport in Burbank, Calif., bound for New York's JFK airport, July 19, 2005. California will partner with a trade group representing major U.S. airlines to increase the availability of sustainable aviation fuels, state officials said Wednesday. (AP Photo/Reed Saxon, File)
AviationBusinessFuelNewsSustainable Aviation FuelTransport

California announces sustainable fuels partnership to curb emissions from planes

California already produces about 11 million gallons annually of sustainable aviation fuel — this new plan would increase that to 200 million by...

Trainees Dan Brook and Bradley Williams are directed by instructor Clint Dyck while training to lay down drill pipe on a rig floor, at Precision Drilling in Nisku, Alta., Jan. 20, 2016. THE CANADIAN PRESS/Jason Frans
BusinessInfrastructureLiquefied Natural GasNewsOilTrade

Precision Drilling expects rig demand growth with LNG Canada startup

Precision Drilling sees record demand from Trans Mountain boost, eyes LNG Canada startup to further lift Canadian drilling.

FILE PHOTO: An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo
BusinessElectionsLiquefied Natural GasNewsPoliticsTrade

US LNG export gains at risk if Trump wins election and boosts tariffs, analysts say

Analysts warn that if Trump wins, US LNG exporters may face new challenges from a proposed 60% tariff on Chinese imports.

AnalysisContracts for DifferenceEconomyElectricityEmissions MarketsHydrogen

Is the UK’s hydrogen infrastructure prepared for a CfD-powered future?

The U.K.’s green hydrogen CfDs faces cost, demand, and market challenges. An OIES paper says government support and innovation are essential.

FILE PHOTO: A flare burns off excess gas from a gas plant in the Permian Basin in Loving County, Texas, U.S., November 21, 2019. Picture taken November 21, 2019.  REUTERS/Angus Mordant/File Photo
BusinessEmissionsEnvironmentInfrastructureOilRegulations

US sets new safety measures as deep sea oil drillers test new depths

New BSEE rules for ultra-high pressure offshore drilling follow Chevron's breakthrough Anchor project, enhancing safety standards for high-stakes operations.

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