TC Energy said it is suspending the project in light of the expected Biden action. Biden will revoke the presidential permit granted to Keystone XL within hours of taking the oath of office later today, […]
Energy News Beat Publishers Note: Wonder if Biden saying that he will halt the Keystone XL pipeline had any influence on the Equior team to divest the stake in Athabasca? Norway’s Equinor said on Wednesday […]
BHP said on Wednesday in its half-year operational review that the Broadside-1 exploration well, located in Block 3 some 150 kilometres from land, did not encounter hydrocarbons. According to the company, BHP reached the main […]
ENB Publishers Note: Incoming US Treasury Sec. Janet Yellen signals more spending to prop up markets with drives traders to the bull-side on oil. Singapore — 0306 GMT: Crude oil futures rose in the mid-morning trade […]
Markets price in larger stimulus amid changing administration and bank earnings coming in higher than expected. The Dow Jones Industrial Average rose 150 points, or 0.5%. The S&P 500 gained 0.7%, led by communication services, […]
The International Energy Agency lowered forecasts for global oil demand as renewed lockdowns to contain the pandemic temper the recovery expected this year. “The global vaccine roll-out is putting fundamentals on a stronger trajectory for the year, […]
ENB Publishers Note: Rangebound for crude oil prices as new US administration readies fresh stimulus. Remember traders…weaker dollar, better oil… Singapore — 0636 GMT: Crude oil futures were mixed during mid-afternoon trade in Asia Jan. 19, […]
The Canadian province that invested $1.1 billion of taxpayers’ money in the controversial Keystone XL project is now considering the sale of pipe and materials to try to recoup some funds. “If the project ends, […]
Tankers carrying oil from Iran to Syria have been intercepted in the Red Sea and delayed shipments of oil to Syria, the Prime Minister of Syria, Hussein Arnous, was quoted as saying. According to the […]
ENB Publisher Note: OPEC cuts can’t keep new China virus markets spoof CL prices to open the weekend. Remember, NYSE closed so no trading active on the equities side. Singapore — 0310 GMT: Crude oil futures […]
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