Ninepoint Energy Fund’s Eric Nuttall…
Amid growing backlash and scrutiny,…
Gas prices are still expected…
Exxon expects to generate some $16 billion in profits from its fuels and chemicals businesses in 2027, company executives told media. "Toward the end of this decade we…
Canada will seek to reduce methane emissions from its oil and gas industry by more than its initial ambitious target. That target was a 75% reduction from 2012…
The Oil and Gas Workers’ Association has endorsed former president Donald Trump as their champion in next year’s presidential election. The industry group’s president, Matt…
The U.S. Federal Reserve on Wednesday decided to hold interest rates steady for September, indicating next year may see fewer rate cuts that analysts had earlier anticipated.
Russian oil major Lukoil and independent producer CenGeo have sent CPC blend to United Arab Emirates’ national oil company ADNOC, marking the first time ever the UAE has…
European gas prices could be significantly lower than forecast for next summer, according to Wood Mackenzie, which cited lower demand from power plants and sufficient gas in storage. According to…
Saudi Arabia’s PIF-backed oil and gas driller ADES Holding has set the final price for its initial public offering (IPO) at the top-end of the set range, implying a valuation of 15.242…
Australia’s Fair Work Commission is set to decide on Friday whether to halt the strikes at Chevron’s two LNG export facilities in Australia after the latest talks between…
Logistics and trucking companies in California are rushing to buy diesel-powered rigs ahead of a new state mandate that will require from January 1, 2024 trucks bought after…
Soaring prices and recovering imports of diluted bitumen led to a second consecutive month of lower fuel oil imports into China compared to the previous month, according to…
ExxonMobil is lobbying the Biden Administration to have hydrogen derived from natural gas with carbon capture – the so-called blue hydrogen – be eligible for the generous tax credits under…
Goldman Sachs raised on Wednesday its 12-month ahead forecast for Brent Crude oil prices to $100 per barrel from $93 previously expected as it sees…
Canadian pipeline giant Enbridge will consider adding around 200,000 barrels per day to its oil pipeline system carrying crude to the United States once the Trans Mountain Expansion…
The trading arm of French supermajor TotalEnergies is gobbling up U.S. crude, pushing WTI crude for delivery at Cushing to its highest premium since November, Bloomberg has
The American Petroleum Institute (API) has reported a large 5.25-million-barrel draw in U.S. crude inventories, offsetting last week’s 1.174-million-barrel build. Analysts were expecting an inventory draw of 2.667 million barrels…
Commodity trader Glencore PLC lost yet another member of its oil trading division, with Guy Freshwater, head of crude oil trading in the United States, taking his leave. Freshwater stepped…
The energy transition is in jeopardy from the soaring cost of electricity and insufficient regulations, Repsol CEO Josu Jon Imaz said on Tuesday. Developing and implementing clean hydrogen is among…
Exxon will boost crude oil production in Nigeria by an additional 40,000 barrels per day, Nigerian President Bola Tinubu's spokesman Ajuri Ngelale said in a statement on Tuesday. Nigeria has…
Europe’s energy crisis “is far from over” as risks to supply will continue to persist until new LNG volumes hit the market in 2026, according to Catherine MacGregor, chief executive…
Canada’s annual inflation accelerated to 4% in August from a 3.3% rise in July, mostly on the back of higher gasoline prices last month, Statistics Canada said on Tuesday,…