Tuesday , 10 February 2026

Recent Posts

IEA: Electrifying world no panacea for pollution

Bloomberg Driving electric cars and scrapping your natural gas-fired boiler won’t make a dent in global carbon emissions, and may even increase pollution levels. Higher electrification may lead to oil demand peaking by 2030, but any reduction in emissions from the likes of electric vehicles will be offset by the increased use of power plants to charge them, according to …

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Chevron, Exxon mull bids for Endeavor Energy

Bloomberg Chevron Corp. and Exxon Mobil Corp. are among the companies considering first-round bids this month for closely held oil producer Endeavor Energy Resources LP, according to people with knowledge of the matter. The two oil majors may be joined by ConocoPhillips in competing for the business, which could be valued at about $15 billion including debt, said the people, …

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Canada oil pain sparks call for production cut

Bloomberg It may not just be OPEC that’s weighing whether to cut oil production. The pipeline bottlenecks that have strangled Canadian crude prices have at least one major energy producer calling for oil-rich Alberta to mandate output reductions. Oil-sands producer Cenovus Energy Inc. says the province already has legislation on the books that would allow it to require all drillers …

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