(Oil Price)– A new oil pipeline to Canada’s Pacific coast is highly likely to make it to the federal government’s list of projects of national interest, Canadian Prime Minister Mark Carney told Calgary Herald in an interview published this weekend. “I would think, given the scale of the economic opportunity, the resources we have, the expertise we have, that it is
(Investing) – A consortium led by ExxonMobil (NYSE:XOM) has discovered a natural gas reservoir off the coast of Cyprus, according to a government announcement on Monday. The drilling operation found preliminary indications of a 350-meter gas-bearing reservoir at a depth of 1.9 kilometers in the Pegasus-1 well, Cypriot government spokesperson Konstantinos Letymbiotis said. “Further assessment will be required in the coming months to
(World Oil)– Germany has given the green light for drilling as much as 13 billion cubic meters (Bbcm) of natural gas at a protected marine site in the North Sea in a controversial step to bolster energy security. The cabinet approved a bilateral agreement with the Netherlands on hydrocarbon deposits off the island of Borkum, according to a statement from
Natural Gas Inventories as of June 27, 2025 The EIA has released its natural gas inventory report, showing a net increase of 55 Bcf as of June 27, 2025. Working gas in storage was 2,953 Bcf as of Friday, June 27, 2025, according to EIA estimates. This represents a net increase of 55 Bcf from the previous week. Stocks were
(World Oil)– The Bureau of Ocean Energy Management (BOEM) has published a Proposed Notice of Sale (PNOS) for Lease Sale 262, the first of three offshore auctions in the Gulf of America under the 2024–29 Outer Continental Shelf Leasing Program. The sale would offer about 15,000 unleased blocks—roughly 80 million acres—located 3 to 231 miles offshore in water depths from
Natural Gas Inventories as of June 20, 2025 The EIA has released its natural gas inventory report, showing a net increase of 96 Bcf as of June 20, 2025. Working gas in storage was 2,898 Bcf as of Friday, June 20, 2025, according to EIA estimates. This represents a net increase of 96 Bcf from the previous week. Stocks were
Natural Gas Inventories as of June 13, 2025 The EIA has released its natural gas inventory report, showing a net increase of 95 Bcf as of June 13, 2025. Working gas in storage was 2,802 Bcf as of Friday, June 13, 2025, according to EIA estimates. This represents a net increase of 95 Bcf from the previous week. Stocks were
(Oil Price) – As part of the European Union’s efforts to halt imports of Russian natural gas by 2027, the bloc will require EU companies to disclose details of their contracts to buy Russian gas, according to an internal European Commission document seen by Reuters. In May, the EU unveiled a roadmap to end dependency on Russian energy. The roadmap calls for the EU
Natural Gas Inventories as of June 6, 2025 The EIA has released its natural gas inventory report, showing a net increase of 122 Bcf as of June 6, 2025. Working gas in storage was 2,707 Bcf as of Friday, June 6, 2025, according to EIA estimates. This represents a net increase of 109 Bcf from the previous week. Stocks were
(Oil & Gas 360) – Publisher’s Note: CanCambria will present an update on the Kiskunhalas project at EnerCom Denver – The Energy Investment Conference on August 17-20, 2025. CanCambria Energy is a publicly traded exploration & production company focused on high-quality European tight-gas projects with direct access to profitable markets. It has a world-class development project that could transform natural gas
Natural Gas Inventories as of May 30, 2025 The EIA has released its natural gas inventory report, showing a net increase of 122 Bcf as of May 30, 2025. Working gas in storage was 2,598 Bcf as of Friday, May 30, 2025, according to EIA estimates. This represents a net increase of 122 Bcf from the previous week. Stocks were
(Investing) – WASHINGTON-U.S. President Donald Trump will nominate Laura Swett as chair of the Federal Energy Regulatory Commission, the current head of the panel and a White House official said. Swett, an energy lawyer with Vinson & Elkins, represents pipeline and power companies in cases before FERC and has been an adviser to a chair and a commissioner, both Republicans, at
