Saturday, 18 January 2025

Focus on Trade

Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
FuelLegislationNatural GasNewsOilTrade

US FTC finalizes consent order for $53 billion Chevron-Hess merger

The U.S. Federal Trade Commission approves a consent order to resolve antitrust issues in Chevron's $53B Hess takeover.

FILE PHOTO: Canada's Minister of Energy and Natural Resources Jonathan Wilkinson speaks during Question Period on Parliament Hill in Ottawa, Ontario, Canada, December 17, 2024.  REUTERS/Patrick Doyle/File Photo
Critical MineralsMineralsNewsPoliticsTrade

Canada minister says retaliatory tariffs could include critical minerals

Canada could impose countermeasures on up to C$150 billion ($105 billion), one source said.

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
FuelNewsOilPoliticsTrade

Tanker under US sanctions discharges oil at Chinese port, LSEG data shows

The tanker is the first since last week's sanctions announcement to discharge in Shandong province.

Chinese President Xi Jinping (R) shakes hands with Sri Lankan President Anura Kumara Dissanayake during a signing ceremony at the Great Hall of the People in Beijing on January 15, 2025 (POOL)
BusinessFuelNewsOilPoliticsTrade

Sri Lanka signs landmark $3.7 bn deal with Chinese state oil giant

Sinopec has agreed to invest $3.7 billion to construct a "state-of-the-art oil refinery" with a capacity of 200,000 barrels in Sri Lanka.

An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. China Daily via REUTERS/File Photo
AnalysisOilOpinionTrade

Column: China response key to crude oil after new sanctions on Russia

China may cut crude imports and tap inventories as U.S. sanctions on Russian oil disrupt supply, pressuring global prices.

FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump gestures as he speaks during a press conference at Trump Tower in New York City, U.S., September 6, 2024. REUTERS/David Dee Delgado//File Photo
Liquefied Natural GasNewsRegulationsTrade

Trump to end need for some LNG export permit renewals, sources say

Trump plans to end LNG export permit renewals, aiming to boost projects stalled by Biden's restrictions, sources reveal.

FILE PHOTO: A view of the show floor during media preview day at the Detroit Auto Show, in Detroit, Michigan, U.S. January 10, 2025. REUTERS/Eric Cox/File Photo
AutomotiveNewsTrade

Michigan governor warns Trump tariffs on Mexico, Canada could harm US auto sector

Gov. Whitmer warns Trump's proposed 25% tariffs on Mexico and Canada would hurt U.S. autos, raise prices, and aid China.

FILE PHOTO: A model of a pump jack is seen in front of the displayed word "Sanctions",  U.S. and Russia flag colours in this illustration taken March 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
NewsPoliticsTrade

US issues fresh round of sanctions against Russia ahead of Trump return to White House

The U.S. imposed new sanctions on nearly 100 Russian entities amid ongoing efforts to tighten pressure on Moscow over Ukraine.

Iraqi Prime Minister Mohammed Shia al-Sudani (L) met British counterpart Keir Starmer as he visits London (POOL)
ElectricityNatural GasNewsOilTrade

BP nears deals for oil fields, curbs on gas flaring in Iraq

The mega-project in northern Iraq will include plans to recover flared gas to boost the country's electricity production.

FILE PHOTO: A crude oil tanker sails in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel/File Photo
MaritimeNewsOilPoliticsRegulationsTradeUnited Nations

Risks from unregulated tanker fleet rising, UN shipping chief says

UN shipping chief warns shadow fleet poses rising risks to environment, seafarers amid sanctions on Russia, Iran, Venezuela.

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