Friday, 18 April 2025

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FILE PHOTO: The headquarters of U.S. energy exporter and pipeline operator Kinder Morgan Inc. is seen in Houston, Texas, U.S. September 27, 2020. REUTERS/Gary McWilliams/File Photo
BusinessEconomyInfrastructureNatural GasNewsOil

Pipeline operator Kinder Morgan misses estimates for fourth-quarter profit

By Vallari Srivastava (Reuters) – U.S. pipeline operator Kinder Morgan said on Wednesday it remains bullish on growth in demand for natural gas...

The entrance to oilfield service provider SLB's office in Houston, Texas, showing the former Schlumberger's new name and logo, is seen in this handout image taken June 2023. Courtesy of SLB/Handout via REUTERS
BusinessNewsOil

SLB’s Russian assets valued at $600 million in 2024, unchanged from 2023

(Reuters) – Top U.S. oilfield services company SLB said its net assets in Russia amounted to about $600 million at the end of...

FILE PHOTO: A general view of the Lyondell-Basell refinery in Houston, Texas February 1, 2015. REUTERS/Richard Carson/File Photo
BusinessEconomyNewsOil

Lyondell to begin closure of Houston refinery this weekend, sources say

By Erwin Seba HOUSTON (Reuters) -LyondellBasell Industries will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend, said people...

Jonathan Brearley, the chief executive of Ofgem, speaking to MPs on Wednesday (House of Commons/PA)
BusinessElectricityFinanceFuelNews

Ofgem boss demands new powers to recoup cash when energy firms collapse

The boss of energy regulator Ofgem has called for more powers to make sure customers rather than investors get compensated when suppliers go...

A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025.  REUTERS/Todd Korol
AnalysisOilPolitics

Trump’s climate withdrawal creates rare discord with Big Oil

U.S. oil and gas producers welcome Trump's push for domestic energy but fear exiting climate deals could hurt global clean energy investments.

FILE PHOTO: Workers monitor the nickel melting process at a nickel smelter of PT Vale Tbk in Sorowako, South Sulawesi province, Indonesia, March 30, 2023. REUTERS/Ajeng Dinar Ulfiana/File Photo
AnalysisCritical MineralsOpinion

Column: Only Indonesia can help nickel recover from price bust

By Andy Home LONDON (Reuters) -Nickel ended 2024 trading at four-year lows, a spectacular reversal of fortune for a metal that soared so...

The Energy Skills Passport will help workers go from oil and gas to offshore wind (Big Partnership/PA)
EconomyLabourNatural GasNewsOilPolitics

Pilot scheme to help oil and gas workers transition to renewables launches

Oil and gas workers looking to transition into careers in the renewables industry will be given greater support under a new pilot scheme...

FILE PHOTO: Plastic letters arranged to read "Sanctions" are placed in front of Russian flag colors in this illustration taken February 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOilPoliticsTrade

Middlemen have halted Russian oil cargo offers after US sanctions, Indian refiner says

By Nidhi Verma NEW DELHI (Reuters) – Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers,...

Electric power transmission pylon miniatures and EDP Renovaveis logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration
BusinessNewsOffshore WindPoliticsWind

Portugal’s EDP confident of its US plans despite Trump wind review

By Marwa Rashad DAVOS, Switzerland (Reuters) – EDP is confident its existing U.S. onshore projects will not be affected by President Trump’s wind...

'I believe that many countries will continue moving in the direction of green energy,' said Saulo (AFP)
ClimateNewsPolitics

Global green energy push likely to continue despite Trump climate retreat: UN

Donald Trump’s decision to withdraw the United States from the Paris climate agreement should not slow the global momentum towards renewable energy investments...

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