News

May 3, 2021

Oil Trading Giant Looks To Enter The Permian Through Major Asset Sale

Commodity trading major Vitol is reportedly negotiating a deal to acquire the oil wells of Hunt Oil Co. in the Permian Basin. According to Bloomberg, which […]
April 17, 2021

Climate Activists: Canada’s Support To Oil Sector Hit US$14 Billion In 2020

Canada’s federal financial support to the oil and gas industry during the 2020 crisis reached US$14.4 billion (C$18 billion), Canadian organization Environmental Defence said in a […]
April 17, 2021

Shell To Put Energy Transition Plan To Shareholder Vote

Oil supermajor Shell will put its Energy Transition Strategy to a non-binding shareholder vote at its annual general meeting next month, the first time an energy […]
April 17, 2021

U.S. Boosts Oil Exports To Canada

Canada’s crude oil imports fell by 20 percent in 2020 due to lower demand in the pandemic, but the United States further cemented its position as […]
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