Election euphoria ends for oil prices
Oil prices were lower this week as the post-election enthusiasm waned, demand concerns returned, and as the US dollar strengthened. Again, geopolitical tensions in the Middle East were not a…
Election euphoria ends for oil prices
General Interest Economics & Markets Oil prices were lower this week as the post-election enthusiasm waned, demand concerns returned, and as the US dollar strengthened. Again, geopolitical tensions in the…
Wisconsin agency approves two permits for Enbridge’s Line 5 reroute project
General Interest Government Wisconsin’s Department of Natural Resource (DNR) Nov. 15 issued waterway and wetland permits for Enbridge’s 41-mile Line 5 oil pipeline reroute project, moving the contested project closer…
TotalEnergies continues GranMorgu project contracting
TotalEnergies has let another contract to advance development of the GranMorgu project offshore Suriname.
EIA: US crude inventories up 2.1 million bbl
General Interest US crude oil inventories for the week ended Nov. 8, excluding the Strategic Petroleum Reserve, increased by 2.1 million bbl from the previous week, according to data from…
US finalizes methane fee on emitters in waning months of Biden administration
The US EPA in the waning months of the Biden administration finalized a new rule implementing a methane fee on oil and gas operations that release more than 25,000 tpy…
Ovintiv to add Montney assets, simultaneous Uinta divestiture makes for minimal cash outlay
General Interest Companies Ovintiv Inc., Denver, has agreed to acquire certain Montney assets from Paramount Resources Ltd., Calgary, in a deal valued at about $2.377 billion and has offset the…
