Oil & Gas Top Stories

Curtin, Chevron Australia begin construction on world-first natural gas research facility

Curtin Corrosion would also be an invaluable training opportunity, with several PhD research programs using it to obtain data for controlling corrosion, the university said.

Staff Writer | November 6, 2023 | 4:08 pm

Germany’s Scholz says his country willing to invest in Nigerian gas, minerals

"There is a willingness to invest, especially in critical minerals,"…

Reuters | October 29, 2023 | 12:53 pm

Australia’s science agency reports breakthrough in concentrated solar thermal energy storage

The technology is expected to support the decarbonization of Australia’s…

Staff Writer | October 29, 2023 | 6:42 am

The energy chief trying to get the UK to speed up carbon capture

Centrica Plc boss Chris O’Shea is on a mission to…

Bloomberg News | October 28, 2023 | 9:21 pm

Ottawa unveils interim plan for environment agency after court rules it unconstitutional

Ottawa is suspending the environment minister’s authority to force major…

Jeffrey Jones - The Globe and Mail | October 26, 2023 | 11:08 am

Glencore ordered to pay $700 million by US judge in bribery case

The penalty is part of the $1.5 billion Glencore agreed to pay to resolve bribery and market-manipulation probes in the US, UK and Brazil.

Bloomberg News | February 28, 2023 | 9:30 am

Column: War in Ukraine shows commodity markets are robust, adaptable

One year after Russia invaded Ukraine, it's clear that markets are remarkably resilient and adapt quickly to changing circumstances.

Reuters | February 23, 2023 | 9:05 am

Russian court orders Glencore unit to pay up in Sberbank row

Sberbank took legal action against Glencore Energy UK Ltd last year after it alleged the company did not pay for two oil consignments.

Reuters | February 23, 2023 | 7:56 am

Goldman’s Currie says China recovery ‘A-OK’, commodities to jump

Goldman Sachs expects returns from commodities over 12 months of 31% based on the S&P GSCI.

Bloomberg News | February 22, 2023 | 7:44 am

Energy traders, flush with cash, are moving into crops and metals

After making more money than ever in the last few years, some of the world’s top energy traders are using the cash to expand in metals and agriculture.

Bloomberg News | February 21, 2023 | 3:37 pm

Suncor taps former Exxon executive as CEO amid Elliott push

Suncor Energy has named Rich Kruger as its new chief executive officer, ending a seven-month search.

Bloomberg News | February 21, 2023 | 11:47 am

G20 watchdog says commodity market concentration poses threat to wider economy

The FSB said vulnerabilities in commodities are similar to those in non-bank financial intermediaries.

Reuters | February 21, 2023 | 7:31 am

Governments spent record $1 trillion last year subsidizing fossil fuels

International Energy Agency estimates that the combined subsidies for oil, natural gas, electricity and coal hit an all-time high in 2022.

Bloomberg News | February 19, 2023 | 10:56 am

Glencore hit by fresh bribery-related lawsuit in the UK

Legal action is related to alleged losses to shareholders resulting from Glencore's statements to the market on corruption cases.

Cecilia Jamasmie | February 17, 2023 | 6:13 am

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