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Why Blaming 32 Companies for Half the World’s CO2 Misses the Point February 19, 2026
Every few years, a statistic captures the climate debate and briefly dominates headlines. The latest one comes from an analysis highlighted by Inside Climate News, claiming that just 32 companies are responsible for roughly half of global carbon dioxide emissions. It is a striking figure. It is also deeply unconstructive. Not because the data is […]
Bulgaria's Lukoil Refinery Slashes Costs By $8 Million February 19, 2026
Bulgaria’s Lukoil Neftohim Burgas refinery has saved $8 million in just two months after dropping its Swiss-based trading intermediary Litasco SA, with Special Commercial Administrator Rumen Spetsov telling Russia’s parliamentary committee that the savings came mainly from scrapping commission fees previously paid to the middleman between the refinery and Lukoil’s oil reserves, Novinite reported on […]
Cenovus Energy Q4 Earnings Skyrocket on Record Production February 19, 2026
Cenovus Energy on Thursday reported a surge in fourth-quarter net earnings from a year earlier as its upstream production rose by 5% on the year to hit a record high. Cenovus Energy’s net earnings jumped to US$683 million (C$934 million) for the fourth quarter, up from US$107 million (C$146 million) for the same period of […]