TotalEnergies (TTEF.PA) said on Wednesday it is looking to spin off its Canadian oil sands operations and list the new company on the Toronto Stock Exchange, as the assets do not fit Continue Reading
Supply chain issues are plaguing the auto industry. Ford is in the midst of a parts shortage that has impacted 40,000-45,000 vehicles. Models affected are primarily “high margin trucks and Continue Reading
Highlights Gasoline stocks draw 2.42 million barrels Demand jumps 6% on week Refinery utilization drops 3 points amid unplanned outages A steep decline in refinery utilization and rising demand contributed Continue Reading
The Bureau of Safety and Environmental Enforcement (BSEE) revealed Tuesday that it has activated its hurricane response team and that it is monitoring offshore oil and gas operators in the Continue Reading
The U.S. Gulf of Mexico may be one of the world’s most mature deepwater basins, but it still has a lot of potential to expand. The deepwater U.S. Gulf of Continue Reading
France is willing to re-evaluate its opposition to the proposed MidCat natural gas pipeline across the Pyrenees mountains amid the energy crisis in Europe, Portugal’s secretary of state for EU Continue Reading
If Moscow carries out a threat to sanction Ukrainian energy firm Naftogaz, one of the last functioning Russian gas supply routes to Europe could be shut, exacerbating the energy crisis Continue Reading
Switzerland’s glaciers are melting like never before, an academic study released Wednesday found, with their ice volume declining by 6% this year amid rising concerns about global warming and a Continue Reading
People bid farewell to reservists drafted during the partial mobilization in the Omsk region, Russia. A costly troop mobilization , plunging energy prices and a new round of Western sanctions Continue Reading
The Pentagon said on Wednesday it would send an additional $1.1 billion in long-term military aid to Ukraine, including 18 High Mobility Artillery Rocket System launchers, or HIMARS, one of Continue Reading
