Sumitomo looks to tap US shale boom despite exiting production

Japanese trading firm sees opportunities in US shale oil and natural gas despite exiting production there three years ago.

Bloomberg News | July 1, 2024 | 1:01 pm

Andurand ditches famed oil trades for copper and cocoa

The pivot comes as the firm recovers from a record loss last year, ending a three-year winning streak.

Bloomberg News | June 26, 2024 | 11:56 am

E-fuels offer cleaner alternative to fossil fuels, but production cost a key challenge — report

E-fuels can offer a solution to power critical segments of transportation such as ships, long-haul aircraft and heavy-duty commercial vehicles, the firm says.

Staff Writer | June 23, 2024 | 8:52 am

Fraud police probing ex-Glencore staff plan to press charges

British prosecutors investigating former Glencore Plc employees over bribery allegations said they plan to bring long-awaited criminal charges.

Bloomberg News | June 18, 2024 | 7:27 am

US court receives offers for Citgo’s parent, credit bid submitted

The share auction was organized in Delaware to pay creditors including oil producer ConocoPhillips and miners Rusoro, Crystallex and Gold Reserve.

Reuters | June 11, 2024 | 4:05 pm

Existing fossil fuel projects enough to meet energy demands while world transitions to net zero – study

Researchers recommend that governments legislate to ban new fossil fuel projects.

Staff Writer | June 9, 2024 | 8:34 am

India’s Jindal to join Venezuelan state oil venture

The news comes just months after securing a contract to run the South American country’s largest iron-ore complex.

Bloomberg News | May 30, 2024 | 10:17 am

Europe’s biggest pension fund sells €10 billion in fossil fuels

Stichting Pensioenfonds ABP has now exited all liquid assets in oil, gas and coal.

Bloomberg News | May 28, 2024 | 3:50 pm

Most seabirds off northern Californian coast unlikely to collide with future wind turbines – study

A recent study shows that almost 80% of seabirds off the northern Californian coast fly far below the height at which potential wind turbines would operate.

Staff Writer | May 28, 2024 | 5:15 am

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Canada’s green taxonomy unlikely to include new natural gas projects

Princeton University rekindles ties to fossil fuels

Canadian Natural Resources buys $6.5 billion of Chevron assets

TotalEnergies considers foray into copper trading

Mercuria blazes trail for energy traders eyeing a metals bonanza

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