With one surprise court ruling, Canadian Prime Minister Justin Trudeau faces the risk of contesting next year’s election with key pieces of his economic and environmental plans in ruins.
The Federal Court of Appeal overturned on Thursday the …
From The Casper Star-Tribune
Until recently, people in Cheyenne, Wyoming would rarely encounter a drilling rig close to home. They might spot the light of a flare in the dark distance, like a candle flickering above the prairie, but the …
From Reuters
BUENOS AIRES (Reuters) – Argentina relaunched a one-year-old agreement between the government, companies and workers on Tuesday to drive competition and spur development in the Vaca Muerta shale play, the government said in a statement.
Argentina’s President Mauricio …
From Reuters
NEW DELHI (Reuters) – Global oil markets could tighten towards the end of this year due to strong demand and uncertainty of production in some oil producing nations, the head of the International Energy Agency said.
“Definitely there …
From Bloomberg
Total SA’s withdrawal from Iran’s giant South Pars gas field has given China another chance to secure a stake in the world’s most coveted energy assets: abundant and …
From Petroleum Planet/Alaska Journal of Commerce
Russia started as a bit player on the liquefied natural gas stage less than a decade ago but is not content in that role and wants to share top billing.
In 2009, when Russia’s …
Prime Minister Justin Trudeau’s bid to press ahead with construction of the Trans Mountain pipeline suffered a major setback after a Canadian court nullified approval of …
An overhang of homeless crude in the Atlantic Basin has halved in recent weeks, suggesting oil traders are bracing for a further supply loss from Iran due to U.S. sanctions and a new rally in prices.
Iran’s oil …
Pipeline stocks are back from the dead.
Revved up earnings, thanks to record U.S. oil and gas production, and clarity on a federal tax ruling have lifted shares of energy master limited partnerships, which own …
From Reuters
BAGHDAD (Reuters) – OPEC will discuss in December whether producers can compensate for a sudden drop in Iranian oil supply after U.S sanctions against Tehran start in November, the head of Iraq’s state-oil marketer SOMO, Alaa al-Yasiri, told …
From Reuters
Sinopec Oilfield Service Corp plans to cut 4,000 jobs this year due to structural overstaffing, having let go 2,000 employees in the first half, company spokesman Li Honghai said on Wednesday.
The planned lay-offs account for just under …
From Bloomberg
The goal of a nonstop flight from …
From Bloomberg
In the dry, dusty plains of West Texas, home to America’s most prolific oil play, the problem isn’t too little water, it’s too much of it.
Just ask Will Hickey, the 31-year-old chief executive officer of Colgate Energy.…
From Reuters
Mexico’s incoming government is considering indefinitely suspending auctions for oil and gas projects, and giving state-owned Pemex authority to pick its own joint-venture partners rather than holding competitive tenders, according to policy guidelines seen by Reuters.
The document, …
From Bloomberg/Houston Chronicle
Iran will halt Middle East oil exports if it’s not allowed to ship its crude through the Strait of Hormuz, according to a top military official.
The Strait of Hormuz is the conduit for 40 percent …
In America’s busiest oil field, roughly $1 million worth of natural gas goes to waste each day.
Shale drillers in the Permian Basin of Texas and New Mexico say they have no way to move …
From Bloomberg
South Sudan restarted crude production in a key oil region almost five years after facilities were shuttered by civil war.
The resumption of output in the so-called Unity fields marks the start of efforts to rebuild the oil-dependent …
From Polygraph
“As of today, the number of all liquefied natural gas plants in the United States is precisely…one. It’s located in the state of Louisiana, its name is Sabine Pass and the American company ExxonMobil is a shareholder.”
FALSE…
From Reuters
The king spoke, and a $2 trillion dream went up in smoke. For the past two years, Saudi Arabia has prepared to place up to 5 percent of its national oil company on the stock market. Officials talked …
From Bloomberg
A new trade route for energy supplies is opening up north of the Arctic Circle as some of the …
From gCaptain/Reuters
(Reuters) – Global energy trader Gunvor Group has put on hold plans to upgrade its Rotterdam refinery that intended to make the plant more competitive ahead of new global rules on shipping fuel quality, it said on Tuesday, …
From Platts
The Colorado Public Utilities Commission on Monday gave a preliminary nod …
From Asia Times
China is now the undisputed leader in renewable-energy manufacturing worldwide. Yet along the routes of its Belt and Road Initiative – the largest foreign-investment strategy in history – alternative-clean-energy projects pale in comparison with coal-fired power plants.…
Global oil markets have stopped being the puppet masters driving European natural gas prices.
Gas is no longer as localized a commodity, only moved relatively short distances through pipelines, and tied to oil in European supply contracts because …
Saudi Arabia’s state oil company is working to turn itself into an innovation powerhouse while its much-delayed plans to go public remain on hold.
The U.S. Patent and Trademark Office granted Saudi Arabian Oil Co., …
From The Washington Times
BAGHDAD — Protesters poured into the streets and picketed oil fields in southern Iraq amid growing discontent over the government’s failure to combat unemployment, …
