A Greek-owned and flagged oil tanker is on fire and adrift in the Red Sea after a series of attacks, British and Greek authorities say. The Sounion was first hit by gunfire from two small […]
Uinta assets could be valued at as much as $2 billion in sale Value of oil and gas deals has roughly doubled this year Ovintiv Inc. is considering a possible sale of its operations in the […]
Cuts come after start of expanded Trans Mountain pipeline Oil is exported mostly to the US West Coast and Asia Enbridge Inc. cut tolls on Canadian oil export pipelines amid increased competition from a new line […]
Crude oil prices moved higher today after the U.S. Energy Information Administration reported a decline in inventories for the week to August 16. Those shed 4.6 million barrels over the period, compared with a build of 1.4 million barrels […]
Greece’s Delta Tankers’ refusal to avoid the Red Sea has seen a third ship in its fleet come under attack today, the first confirmed Houthi strikes in eight days. According to security firm Vanguard, the […]
A raging fire continued on Monday at a Russian oil depot in the southern Rostov region, a day after Ukraine launched a drone attack on the facility, with local media reporting that at least 40 […]
Canada looks set to be hit by industrial action at its two main freight rail companies from this Thursday as employers and employees made their positions clear over the weekend with no deals in sight […]
Millions of abandoned oil and gas wells in the US pose a serious environmental and public health risk. The Bipartisan Infrastructure Law allocates $4.7 billion to address the issue, but the estimated cleanup cost is […]
Weekly Daily Standup Top Stories Politicians Backing Net Zero Working Hard To Make Gas Prices Much Higher August 10, 2024 Stu Turley The only way for ‘net zero’ politicians like Kamala Harris to eliminate gasoline is […]
HONG KONG — A Hong Kong-listed Chinese oil company has disclosed that it lost the bulk of its oil and gas rights in the U.S., with the announcement coming years after the contracts were terminated. […]
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