Monday, August 25, 2025

Enbridge Day 2021

Enbridge Day 2021 Canada NewsWire CALGARY, AB , Nov. 29, 2021…

Recent legislation would reduce the U.S. Strategic Petroleum Reserve- oil and gas 360

Recent legislation would reduce the U.S. Strategic Petroleum Reserve

EIA On Tuesday, November 23, the White House announced plans to make 50 million barrels of crude oil available to the market through a combination of exchanges and accelerating previously announced sales. With these sales and several other legislated drawdowns, SPR inventories could decline from 618 million barrels (as of October 1, 2021) to about 314 million barrels by the start of the 2032

U.S. energy envoy says Biden stands ready to release even more oil reserves to cool markets- oil and gas 360

U.S. energy envoy says Biden stands ready to release even more oil reserves to cool markets

CNBC President Joe Biden’s administration stands ready to release even more barrels of oil from its strategic reserves should the need arise again, according to the U.S. State Department’s senior advisor for global energy security. “Absolutely. This is a tool that was available to us and will be available again,” Amos Hochstein told CNBC’s Hadley Gamble in Dubai, the United

Saudi energy minister “not concerned” about Omicron Covid variant- oil and gas 360

Saudi energy minister “not concerned” about Omicron Covid variant

World Oil (Bloomberg) –Saudi Arabia’s Energy Minister Abdulaziz bin Salman played down the likely fallout from the new coronavirus variant that pummeled oil markets last week. “I’m a very relaxed person. I’m not concerned,” the minister said when asked how the new strain may affect demand. Abdulaziz, who was speaking to reporters in Dhahran in the kingdom’s east, declined to