Oil & Gas Top Stories

Global commodity trading profits topped $100 billion for second-best year ever

While earnings fell from 2022’s blockbuster records, profits across the sector still easily eclipsed prior highlights such as in 2008-2009.

Bloomberg News | March 18, 2024 | 7:57 am

Industry executives expect the world to reach net zero by 2060 – report

The 2050 deadline seems too close for 600 executives in…

Staff Writer | March 17, 2024 | 7:19 am

Cost advantage of natural hydrogen sparks energy companies’ interest – report

At the end of 2023, 40 companies were searching for…

Staff Writer | March 15, 2024 | 6:06 am

China’s big policy meet offers little to excite commodity bulls

The National People’s Congress failed to deliver gains in the…

Bloomberg News | March 11, 2024 | 10:07 am

Senegal opposition coalition promises new currency and revamp of oil contracts

Ousmane Sonko launched its presidential campaign platform with promises to…

Reuters | March 10, 2024 | 10:52 am

Power plants can now (re)use wastewater from oil and gas extraction

Using two kinds of industrial wastewater to decontaminate each other has the potential to slash a power plant’s total water use.

Staff Writer | December 10, 2023 | 6:43 am

Offshore wind could supply up to 20% of the US Atlantic coast energy needs – study

Researchers at the National Renewable Energy Laboratory released some offshore wind modelling data.

Staff Writer | December 7, 2023 | 6:06 am

G7 to ban Russian diamonds, announce measures on price cap, assets

The group is expected to announce a direct ban as of Jan. 1.

Reuters | December 6, 2023 | 7:39 am

ARC Resources to supply BC, Alberta natural gas to US markets via Cheniere Energy’s Sabine Pass

Agreement will enable Cheniere to deliver increased quantities of Canadian natural gas to Europe via Louisiana.

Nelson Bennett - Business in Vancouver | November 30, 2023 | 1:08 pm

Next-gen LEDs may substitute platinum, iridium with birch leaves

By pressure-cooking birch leaves, researchers produced nanosized carbon dots that can be used in organic LEDs for super-thin TV and mobile phone screens.

Staff Writer | November 30, 2023 | 6:06 am

Scientists call for long-term research to inform decisions on mining in the Wadden Sea

Researchers say long-term research must inform decisions regarding mining and other resource extraction in the Wadden Sea.

Staff Writer | November 29, 2023 | 6:06 am

Green hydrogen, CO2 used to produce e-fuel for hard-to-electrify vehicles

A new e-fuel was tested on a diesel-powered tractor at AGCO Power's Linnavuori factory in Nokia, Finland.

Staff Writer | November 26, 2023 | 7:27 am

BNP Paribas cracks down on mining clients exposed to coal

The European Union’s biggest bank will no longer provide financing to projects dedicated to the extraction of metallurgical coal.

Bloomberg News | November 23, 2023 | 7:09 am

Top court kills Colombian royalty measure worth $780 million

The fiscal reform approved last year prevented oil and coal producers from deducting royalty payments from their corporate tax liability.

Bloomberg News | November 16, 2023 | 4:46 pm

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