Sunday, November 23, 2025

China Turns a Glut of Oil Into a Flood of Diesel

From Bloomberg: Fuel producers from India to South Korea are finding that rising refined products from China are cutting the profit margins they’ve enjoyed from cheap oil to the lowest in more than a year. Worse may be coming. China’s total net exports of oil products — a measure that strips out imports — will rise 31 percent this year

Alberta’s auditor general questions royalty reduction and cyber attack assessment

From Calgary Herald: Alberta’s auditor general criticized Alberta Energy Wednesday for failing to assess the performance of its oil and gas royalty reduction programs and for failing to assess the potential impacts of a cyber attack on the industry. With the first of 15 recommendations in his February report, Merwan Saher called on the ministry to annually evaluate and report

Feds Will Allow Google to Make Cars Without Steering Wheels or Brake Pedals

From the Silicon Valley Business Journal Google won an important battle in a larger war last week when the National Highway Traffic Safety Administration (NHTSA) told the company that it would consider the artificial intelligence system that pilots its autonomous cars to be a “driver,” under federal law. Google had asked NHTSA for such a ruling last November, and the

Williams Partners Executes Agreements to Serve Two Gulf Coast LNG Export Facilities

Williams Partners L.P. (NYSE: WPZ) announced today that it has executed long-term contracts with two shippers for Gulf Connector, a 475,000 dekatherm per day expansion of the Transco pipeline system to connect U.S. natural gas supplies with global liquefied natural gas (LNG) markets. Gulf Connector will deliver gas for the Cheniere Energy, Inc. (NYSE: LNG) Corpus Christi liquefaction project and