Friday, 22 August 2025

Focus on Fuel

The Chevron logo is pictured after the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas, Venezuela, December 2, 2022. REUTERS/Gaby Oraa/File Photo
BusinessNewsOilWeather

US oil firms evacuate staff, cut drilling ahead of Storm Francine

U.S. Gulf oil producers evacuate staff, halt output as Tropical Storm Francine threatens Texas and Louisiana coasts.

Pembina Pipeline Corp. logo is shown in a handout. Pembina Gas Infrastructure Inc. has signed a deal to buy a group of midstream assets from Veren Inc. for $400 million.
PGI is owned by Pembina Pipeline Corp. and private equity firm KKR. THE CANADIAN PRESS/HO
BusinessFuelInfrastructureLiquefied Natural GasNatural GasNews

Pembina Gas Infrastructure signs $400M deal to buy midstream assets from Veren

PGI will acquire four batteries in the Gold Creek and Karr areas, which handle natural gas and liquids.

FILE PHOTO:Smoke and steam billows from a coal-fired power plant in Suralaya, Banten province, Indonesia, July 11, 2020. REUTERS/Willy Kurniawan/File Photo
CoalEconomyElectricityFuelInfrastructureNewsPoliticsTransmission

Indonesia has yet to receive promised G7 funds to reduce coal use

Minister overseeing mining complains of inadequacies in financing mechanism designed to ease Indonesian transition from coal, backed by G7.

FILE PHOTO: Flue gas and steam rise out of chimneys and smokestacks of an oil refinery during sunset on a frosty day in the Siberian city of Omsk, Russia, February 8, 2023. REUTERS/Alexey Malgavko/File Photo
BusinessNewsOil

Morgan Stanley cuts Brent forecast as market signals demand softness

Brent crude oil forecast cut as global market faces a period of demand weakness, says bank.

FILE PHOTO: Gas bubbles from the Nord Stream 2 leak reaching surface of the Baltic Sea in the area shows disturbance of well over one kilometre diameter near Bornholm, Denmark, September 27, 2022.  Danish Defence Command/Handout via REUTERS/File Photo
FuelNatural GasNewsPolitics

Kremlin says Germany is right to investigate Nord Stream blasts

Russia approves as Oalf Scholz announces thorough investigation into Nord Stream explosion.

Shoshone-Paiute tribal member Michael Hanchor visits his mother’s grave, March 15, 2024, in Owyhee, Nev., on the Duck Valley Indian Reservation that straddles the Nevada-Idaho border. (AP Photo/Rick Bowmer)
ClimateEnvironmentIndigenousNewsOilPolitics

A remote tribe is reeling from cancer. What role did the US play?

From petroleum in the groundwater to a history of dangerous herbicides, the Shoshone-Paiute tribes are pressing federal officials for answers on pollution.

AnalysisCoalEmissionsIn-Depth

Global Coal Plant Tracker: Just 15 countries account for 98% of new coal-power development

Some of the most significant trends driving the continued development of coal across the 15 largest markets, drawing insight from the Global Coal...

AnalysisCarbon ManagementClimateElectric Vehicles (EVs)ElectricityEmissionsHydrogenReportsSolarStorageWind

Stuck in the slow lane: McKinsey warns pace of clean tech deployment risks missing 2050 net-zero targets

Despite some progress in renewable energy like solar and wind, there remains a significant gap in deploying newer, crucial technologies such as carbon...

FILE PHOTO: A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo
Natural GasNewsOilTrade

Russia raises forecast for 2024 oil, gas export revenues by $17.4 billion, document shows

Russia's 2024 oil and gas export forecast was raised by $17.4 billion to $239.7 billion, driven by higher price expectations.

FILE PHOTO: Container ships and oil tankers wait in the ocean outside the Port of Long Beach-Port of Los Angeles complex in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson/File Photo
BusinessEconomyNewsOil

US Gulf Coast-bound fuel oil cargoes hit 5-yr low as refinery demand weakens

Fuel oil exports to the U.S. Gulf Coast hit a 5-year low in August as weakened refinery margins curb demand and reroute cargoes.

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