Forecourt

With all of the challenges of 2020, ExxonMobil focused on clamping down on expenses and managed to bring its full-year spending down nearly $10 billion from the year before.

Imperial Oil Ltd.

Company sees no room for fossil fuels in cars and light trucks beyond 2035 General Motors is the latest among major automakers to announce they will cease production of petroleum burning vehicles.

Irving Oil has laid off 60 workers from its Saint John refinery, saying the pandemic has had an "extreme and serious'' impact on its business and industry.

Oil and gas giant Shell is buying ubitricity, a major provider of electric vehicle charging points in Europe.Shell said Monday that it would buy a 100% stake in the Berlin-based startup, without disclosing the price."The move represents a further step in Shell's efforts to support drivers as they switch to lower-carbon transport,'' the company said.The deal, which is subject to regulatory approval, will give Shell ownership of the biggest public EV charging network in Britain with more than 2,700 charge points.Ubitricity also has smaller public networks in Germany and France, and has installed over 1,500 charge points for fleet customers across Europe.The company's focus has been to integrate charge points into existing street infrastructure such as lamp posts, to reduce the cost of laying new power lines down streets.Experts say easier access to charging facilities is key to the successful rollout of electric vehicles.Shell has said it wants to achieve net zero emissions by 2050 or sooner. 

Goal is to enhance customer offerings.

Federated Co-operatives Limited (FCL), in consultation with Indigenous leaders and communities across Western Canada, has developed a new, exclusive Western Nations gas bar brand.

Job losses and massive refinery shortages could result Michigan continues to increase the heat on the Canadian refining sector with its push to shut down Enbridge’s Line 5 pipeline by May 2021.