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October 22, 2021

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Fuel shortages remain in south east England but improvements elsewhere

Reuters
LONDON, Oct 2 (Reuters) – Gas stations in London and southeast England continue to suffer a lack of fuel although the situation has improved in northern England and Scotland, the Petrol Retailers Association (PRA) said on Saturday. Britain will from Monday deploy military tanker drivers to deliver fuel after a......

Petrofac considers refinancing as faces possible $240 mln bribery fine

Reuters
LONDON, Oct 2 (Reuters) – British oil services group Petrofac (PFC.L) said it is looking at refinancing options including debt and fresh equity as it faces a possible $240 million fine from a London court. Petrofac decided to plead guilty to seven charges after a four-year Serious Fraud Office (SFO)......

EXCLUSIVE White House, top Democrats agree to boost carbon capture credit in budget bill -sources

Reuters
WASHINGTON, Oct 1 (Reuters) – The White House and top Democratic lawmakers have agreed to boost a tax credit for industrial carbon capture projects in a deal that could help solidify support for the budget reconciliation bill at the heart of President Joe Biden’s economic agenda, two sources with knowledge......

British gas pumps still dry, pig cull fears grow

Reuters
A worker guides vehicles into the forecourt as they queue to refill at a fuel station in London, Britain, September 30, 2021. REUTERS/Hannah McKay Many gas stations still closed – Reuters reporters Britain says crisis stabilising More than a quarter of gas stations dry Pig cull fears: farmers warn butcher......

Ukraine demands sanctions on Russia’s Gazprom after Kyiv loses gas imports

Reuters
An engineer checks the gas distribution system in Beregdaroc, one of several points where Russian gas crosses into the European Union February 10, 2015. REUTERS/Laszlo Balogh Russia-Hungary deal deprives Kyiv of revenue, gas Kyiv wants sanctions on Gazprom Kremlin says criticism is politicised Says Gazprom is meeting all obligations KYIV/MOSCOW,......

EXCLUSIVE The king of oil bets on batteries for a green world

Reuters
Alex Beard, head of oil at trading firm Glencore, looks on during an interview in Tlalnepantla, state of Mexico, Mexico, August 17, 2017. REUTERS/Ginnette Riquelme/File Photo Beard’s fund to invest in UK battery storage Batteries can cushion shocks and help power trading UK facing energy crisis LONDON, Sept 30 (Reuters)......

Exxon offers new proposal to locked-out Texas refinery workers

Reuters
A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, U.S., May 15, 2021. Picture taken May 15, 2021. REUTERS/Kathleen Flynn/File Photo HOUSTON, Sept 29 (Reuters) – Exxon Mobil Corp (XOM.N) on Wednesday offered its first concession in a new contract proposal to locked-out workers at its Beaumont,......

Britain puts military on standby as panic buying leaves pumps dry

Reuters
Army tanker drivers to be deployed if needed Trucker shortage has hit supply chains Britain says will extend some HGV licences Industry says hopes situation will stabilise LONDON, Sept 28 (Reuters) – Britain put the army on standby to deliver fuel from Tuesday after an acute shortage of truckers triggered......

Petrobras eyes Brazil price hikes despite political pressure

Reuters
People walk in front of the Brazil’s state-run Petrobras oil company headquarters in Rio de Janeiro, Brazil, October 16, 2019. REUTERS/Sergio Moraes//File Photo Sept 27 (Reuters) – Brazil’s state-run oil company, Petrobras (PETR4.SA), is considering raising fuel prices as the prices of some petroleum derivatives are out of line with......

PennEast becomes the latest to scuttle a natural gas pipeline project

Reuters
A natural gas pipeline in Chino Hills State Park, California, U.S., April 21, 2021. REUTERS/Lucy Nicholson Sept 27 (Reuters) – PennEast Pipeline said on Monday it would stop developing a proposed pipeline from Pennsylvania to New Jersey, the latest in a series of natural gas lines to run aground due......

APPEC Colombia’s Ecopetrol sees crude export share to Asia rising -CEO

Reuters
The entrance of Ecopetrol’s Castilla oil rig platform is seen in Castilla La Nueva, Colombia June 26, 2018. REUTERS/Luisa Gonzalez/File Photo SINGAPORE, Sept 27 (Reuters) – Asia will increasingly be a strategic market for Colombia’s majority state-owned energy company Ecopetrol (ECO.CN), its president and chief executive officer Felipe Bayón said......

Oil gains for fifth day amid supply constraints

Reuters
Oil drills are pictured in the Kern River oil field in Bakersfield, California November 9, 2014. REUTERS/Jonathan Alcorn/File Photo TOKYO, Sept 27 (Reuters) – Oil prices rose for a fifth straight day on Monday with Brent heading for $80 amid supply concerns as parts of the world sees demand pick......

Russia’s Gazprom is ready to boost gas sales to Europe – Ifx cites Kremlin

Reuters
The logo of Gazprom company is seen at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 2, 2021. REUTERS/Evgenia Novozhenina/File Photo MOSCOW, Sept 26 (Reuters) – Russian energy giant Gazprom (GAZP.MM) is ready to increase gas supplies to Europe, Interfax news agency cited a Kremlin spokesman......

Britain expected to ease visa rules as truck driver shortage bites

Reuters
LONDON, Sept 25 (Reuters) – Britain is expected to announce plans to issue temporary work visas to truck drivers to ease an acute labour shortage that has led to fuel rationing at hundreds of gas stations and long queues to fill up – with pumps running dry in some places.......

Europe needs long-term energy plan, Eni CEO says

Reuters
Claudio Descalzi, CEO of Italian energy company Eni talks to media at the Presidential Palace in Nicosia, Cyprus April 25, 2018. REUTERS/Yiannis Kourtoglou/File Photo MILAN, Sept 25 (Reuters) – Soaring gas prices as winter approaches are evidence that the European Union needs to work out a long-term energy security plan,......

EXCLUSIVE Oil producer Hilcorp eyes purchase of shut Louisiana refinery -sources

Reuters
HOUSTON, Sept 24 (Reuters) – Houston-based oil producer Hilcorp (HILCO.UL) is evaluating Phillips 66’s (PSX.N) refinery in Alliance, Louisiana, for conversion into an oil export terminal, said four sources familiar with the matter, a move that would eliminate it as a source of motor fuels. Hilcorp, the largest privately owned......

Britain has 10 days to save Christmas, retail sector says

Reuters
Retail industry warns of significant disruption Queues form at some petrol stations – Reuters reporters Britain to boost HGV driver testing British ministers to meet on easing rules Hauliers: there is no quick fix LONDON, Sept 24 (Reuters) – Britain’s retail industry warned the government on Friday that unless it......

Daimler expands European battery network with 33% stake in ACC venture

Reuters
Mercedes logo in Stuttgart, Germany, February 11, 2020. REUTERS/Andreas Gebert/File Photo Daimler to take 33% stake in battery venture ACC will begin supplying Daimler from mid-decade Daimler to invest up to 1 billion euros CEO Kallenius: “Our focus is on Europe” BERLIN, Sept 24 (Reuters) – Daimler’s (DAIGn.DE) Mercedes-Benz said......

Canada fossil fuel workers want victorious Trudeau to keep retraining pledge

Reuters
Canada’s Prime Minister Justin Trudeau and Calgary Mayor Naheed Nenshi announce the beginning of construction on the Green Line at the Calgary Transit Oliver Bowen Maintenance Facility, in Calgary, Alberta, Canada July 7, 2021. REUTERS/Mike Sturk/File Photo CALGARY, Alberta, Sept 22 (Reuters) – Prime Minister Justin Trudeau’s narrow election victory......

New WHO air-quality guidelines aim to cut deaths linked to fossil fuels

Reuters
WHO issues first air quality guidelines since 2005 Slashes recommended limits for emissions linked to fossil fuels Says air pollution threat to health alongside climate change Blames exposure to air pollution for 7 million deaths a year GENEVA, Sept 22 (Reuters) – The World Health Organisation (WHO) tightened its air......

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