Saudi Arabia is flooding global markets with crude at the fastest pace in nearly three years, shipping 7.3 million barrels per day (b/d) in the first 24 days of February 2026 — the highest level […]
In a development that could breathe new life into long-dormant Canadian pipeline assets, South Bow Corp. is actively evaluating an expansion of its system that may effectively revive key segments of the canceled Keystone XL […]
As the world’s two largest oil importers grapple with geopolitical risks, supply disruptions, and the imperative of energy security, both China and India are pouring billions into boosting domestic oil and gas output. While progress […]
Dr. Matthew Wielicki stops by as a self-proclaimed Earth Science Professor-in-exile. He is one to listen to on key issues. His Substack is “Irrational Fear,” and he has 95K Followers on X. We have questions […]
In a landmark decision on February 20, 2026, the U.S. Supreme Court struck down President Donald Trump’s use of the International Emergency Economic Powers Act (IEEPA) to impose broad tariffs on global imports, ruling 6-3 […]
In a move that underscores the ongoing consolidation and optimization in the U.S. oil industry, ConocoPhillips (COP) is reportedly exploring the sale of certain assets in the Permian Basin valued at approximately $2 billion. This […]
As the energy landscape evolves, Canada’s oil sands sector is buzzing with anticipation. Following a whirlwind 2025 marked by record production, infrastructure expansions, and shifting global demands, industry analysts predict a wave of mega-mergers in […]
The oil market in early 2026 has been anything but predictable. What was expected to be a year of oversupply and sluggish prices has instead delivered a surge in volatility, driven by geopolitical flare-ups and […]
In a stunning revelation that underscores the resilience of Russia’s energy sector amid Western sanctions, the Financial Times has exposed a sprawling smuggling network responsible for moving at least $90 billion worth of Russian crude […]
The U.S. rotary rig count remained unchanged at 551 for the week ending February 20, 2026, according to the latest data from Baker Hughes. This marks no shift from the previous week but reflects a […]
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