CALGARY – Inter Pipeline Ltd. says it has signed take-or-pay contracts covering about 60 per cent of production from the Heartland Petrochemical Complex it’s building northeast of Edmonton as it continues to fight off a hostile takeover […]
Chinese state-owned steelmakers Bengang Steel and Angang Steel located in northeast China’s Liaoning province are preparing to move ahead with their long-awaited merger, which has been added to the provincial government’s five-year plan. The controlling […]
Big Oil is shedding assets like a dog sheds its winter coat. In a rush to prove their emerging environmentally conscious credentials, the supermajors are pledging billions in low-carbon energy investments and committing to net-zero […]
U.S. assets and personnel overseas could be at risk if the country decided to pass a bill against OPEC, known as NOPEC, the head of the Organization of the Petroleum Exporting Countries told member states. In a letter, […]
The United Nations Support Mission in Libya (UNSMIL) on Thursday expressed concern over the recent shutdown of a major oil port by the state-owned National Oil Corporation (NOC). “The United Nations Support Mission in Libya expresses its […]
Houston — The US oil and gas rig count took a step back, falling 11 to 530 on the week, rig data provider Enverus said April 22 – the first rig count drop this year, even […]
CALGARY – New greenhouse gas emission targets set by Canada and the United States are “extremely aggressive” and being made without proper process, says the CEO of Calgary-based Precision Drilling Corp. But Kevin Neveu says […]
Saudi Aramco is conducting a strategic review of its upstream business, in a move that could potentially see the state-owned firm bring in external investors to some of its oil and gas assets. The world’s […]
New Delhi: Middle East crude oil has been a mainstay of the Indian refining sector for many decades. India imports about 85 per cent of its annual crude oil requirements. The country imported about 4.1 million barrel per day […]
NEW DELHI: As Tesla firms up its plans to roll out its first all-electric car in India this year, the Elon Musk-run company has hired top executives in the country who has taken charge of some of […]
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