Lost Russian oil revenue is bonanza for shippers, refiners
Nasdaq
LONDON – Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and refining firms,...
Climate crisis tide turns for big oil
Oil Price
Constant accusations of knowing the effects of their products on the environment and lawsuits have become constant companions of oil companies in the...
Big Oil rakes in record annual profit, fueling calls for higher taxes
Deer graze inside the gates of the Exxon Mobil Joliet refinery on the Des Plaines River. Exxon Mobil's 2022 haul of $56 billion marked...
Federal Labour Minister Says Canada Needs More Workers in Oil and Gas Sector, Not Fewer
Federal Labour Minister Seamus O’Regan says Canada needs more oil and gas workers and that he’s not a fan of the phrase “just transition.”
“I...
Weaker Natural Gas, Oil Prices Could Spur Production Cuts
Strong and steady U.S. oil and natural gas production has in 2023 outpaced demand and weighed down prices. Analysts are increasingly joining a chorus...