South Bow Working to Secure Required Permitting for Canada-US Oil Pipeline Proposal
(Reuters) – Canadian crude oil pipeline company South Bow said on Friday it is beginning efforts to obtain required permits across the U.S. route of its Prairie Connector project. The…
US Drillers Add Oil and Gas Rigs for Third Week in a Row, Says Baker Hughes
By NEW YORK, May 8 (Reuters) – U.S. energy firms this week added oil and natural gas rigs for a third week in a row, the first three-week streak of…
Enbridge Sees Best North American Energy Investment Climate in Over a Decade
By Enbridge eyes $10-20 billion in new capital investments over next 24 months Company views rival Canadian pipeline proposals as a sign of industry confidence and growth CEO Greg Ebel…
Oil Jumps After Renewed US-Iran Fighting, Then Pares Gains
By Oil benchmarks pare gains of as much as 3% Brent, WTI on course for falls of more than 7% for the week HOUSTON, May 8 (Reuters) – Brent crude…
Freeport LNG Plant in Texas Expected to Reduce Output for Maintenance in Coming Days, Sources Say
(Reuters) – U.S. LNG exporter Freeport LNG is expected to reduce output in the coming days due to unplanned maintenance at the Texas plant, twomarket sources said. The work at…
Diamondback Bets on Wider WTI-Brent Gap Amid US Export Ban Concerns
(Reuters) – U.S. producer Diamondback Energy bought options to sell the price difference between U.S. West Texas Intermediate crude and globally traded Brent crude at around minus $42 a barrel…
India’s Inflation Accelerates as High Energy Prices Start to Bite
Inflation in India, the world’s third-biggest crude oil importer, accelerated in April as the higher global oil and gas prices started to feed through consumer prices. The annual consumer price…
First Mexican Fuel Oil Cargo in 9 Months Arrives in Asia
The first fuel oil cargo from Mexico has just arrived in Asia, in a first such shipment in nine months, as high Asian prices draw supplies from other regions amid…
Iraq Denies U.S. Claim Deputy Minister Helped Iran’s Oil Sales
Iraq’s Oil Ministry has denied that its deputy minister was involved in opaque sales of Iraqi oil mixed with Iranian crude for Iran’s benefit, as the U.S. alleged on Thursday…
CF Industries warns LNG shortages could extend ammonia crunch into 2027
By 32 min ago 4 min read Global fertiliser producer CF Industries has warned that widespread ammonia plant shutdowns, liquefied natural gas (LNG) shortages and geopolitical disruptions could keep global…
