Post Tagged with: "Crisis"

Source: Reuters

Qatar powerless to ease global energy crisis

Reuters


DOHA/LONDON – Qatar, the world’s largest seller of liquefied natural gas (LNG), told consumers it was powerless to cool energy prices prices as British steelmakers said they could be forced to halt output in the face of soaring costs.…

Oil Sector’s ‘Existential Crisis’ Set Precedent: Cenovus CEO

Oil Sector’s ‘Existential Crisis’ Set Precedent: Cenovus CEO

From The Globe and Mail

Canadian oil producers faced an “existential crisis” that required emergency intervention last fall, and Alberta Premier Jason Kenney now has a precedent to order companies to ratchet back output again should heavy oil prices crash, …

May 29, 2019 - 7:37 am Canada, Closing Bell Story‎, Energy News