Friday, 6 June 2025

Focus on OPEC+

The International Court of Justice in The Hague (AFP)
ClimateCourtsEmissionsEnvironmentNewsPolitics

Top UN court to open unprecedented climate hearings

Climate activists hope a legal blueprint will pave the way toward further legal action on climate change.

In a bid to boost crude prices, eight members of the OPEC+ group earlier this month announced they were extending supply cuts until the end of December (Saudi Aramco)
FuelNewsOil

OPEC+ postpones meeting on oil output to December 5

The 22-member OPEC+ group led by Saudi Arabia and Russia was due to decide on its 2025 output policy on Sunday.

FILE PHOTO: The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. REUTERS/Angus Mordant//File Photo
EconomyFuelNatural GasNewsOilPoliticsTrade

Trump’s proposed tariffs on Canada would drive up pump prices, analysts warn

Trump said he would impose a 25% tariff on all imports from Canada and Mexico.

News ReleaseNews

Birchcliff Energy Ltd. Receives TSX Approval for Renewal of Normal Course Issuer Bid

CALGARY, Alberta, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce that the...

A man stands next to the logo of the COP29 United Nations climate change conference, in Baku, Azerbaijan November 20, 2024. REUTERS/Maxim Shemetov/File Photo
ClimateClimate FinanceEmissionsEnvironmentNewsPolitics

Climate finance talks face ‘hardest’ stage as COP29 nears end-game

COP29 finance talks heat up as negotiators tackle funding for climate adaptation, clean energy, and emission cuts amid a Friday deadline.

News ReleaseNews

Birchcliff Energy Ltd. Announces Q3 2024 Results, Declaration of Q4 2024 Dividend of $0.10 per Common Share and Preliminary 2025 Guidance

CALGARY, Alberta, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its Q3...

FILE PHOTO: U.S. Senator Republican Marco Rubio gives a speech at the Conservative Political Action Conference (CPAC) in Orlando, Florida, U.S. February 25, 2022. REUTERS/Octavio Jones/File Photo
BusinessNewsOilPoliticsRegulations

Trump pick Rubio could harden oil sanctions on Iran, Venezuela

Trump’s appointment of Rubio as secretary of state signals stricter oil sanctions on Iran and Venezuela, tempered by China concerns.

News ReleaseNews

Targa Resources Corp. to Participate in BofA Securities Global Energy Conference

HOUSTON, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company...

Russell Hardy, the CEO of Vitol, leaves the stage as top energy executives and ministers meet in Houston for the annual Gastech conference in Houston, Texas, U.S., September 18, 2024. REUTERS/Callaghan O'Hare/ File Photo
BusinessFuelNewsOil

Vitol CEO sees $70-$80/bbl oil prices in 2025, flags supply uncertainty

Oil prices have been capped by concerns about an unwinding of OPEC+ supply cuts in 2025 and China's weak oil demand growth.

News ReleaseNews

Vital Energy Reports Third-Quarter 2024 Financial and Operating Results

Raises fourth-quarter and full-year 2024 total and oil production forecastsTULSA, OK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital...

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