Page 14 - Repi Refining News Today

Cenovus Energy Inc reported a first-quarter profit on Wednesday that more than halved as crude prices scaled back and the oil and gas producer also lowered its full-year production outlook.

Oil and gas producer Hess Corp on Wednesday topped Wall Street's first-quarter profit estimates and disclosed its consortium with Exxon Mobil Corp made a new discovery off the coast of Guyana.

Mexican low-cost airline Viva Aerobus has agreed to purchase 1 million liters of sustainable aviation fuel (SAF) from Finland's Neste , the companies said on Monday.

Australia's Woodside Energy Ltd signed an agreement with Keppel Corporation on Tuesday for the potential supply of liquid hydrogen to its data centres in Singapore, bolstering the city-state's renewable energy transition efforts.

Saudi Arabia's stock market ended higher on Tuesday after a five session break for the Muslim festival of Eid al-Fitr, while the Abu Dhabi index, which resumed trading on Monday, closed lower.

U.S. fuelmakers are expected to post higher first-quarter earnings in coming days on strong fuel exports and margins even as domestic diesel demand slumped during the period.

OPEC's share of India's oil imports fell at the fastest pace in 2022/23 to the lowest in at least 22 years, as intake of cheaper Russian oil surged, data obtained from industry sources show, and the major producers' share could shrink further this year.

The CEO of the Alberta Energy Regulator (AER) on Monday apologised for his organisation's failure to fully inform local Indigenous communities about a toxic tailings leak from Imperial Oil's Kearl oil sands mine in northern Alberta.

Floating wind is viewed as the final frontier for offshore wind as turbines can be installed in deeper waters than fixed-bottom foundations, harnessing stronger and more continuous wind to generate more power.

The Alberta Energy Regulator (AER) has started an investigation into the death of 32 waterfowl at a Suncor Energy Inc tailings pond on its Base Mine Site, 29 km (18 miles) north of Fort McMurray.