U.S.-Canada Trade Strains Alter Trans Mountain Oil Flows
Crude flows from the expanded Trans Mountain pipeline have materially shifted since the relations between the United States and Canada soured under U.S. President Donald Trump. China has now become…
U.S. Warns Hong Kong Banks Over Iran Oil Sales
The United States is looking to close all loopholes Iran is using to sell its oil to China and warned Hong Kong-based banks last month against facilitating Iranian oil sales…
U.S. and UAE Announce $440 Billion in Energy Investments
The United States and the United Arab Emirates (UAE) expect to invest a total of $440 billion in the energy sector through 2035, Sultan Al Jaber, the chief executive of…
Kuwait to Invest $50 Billion to Boost Oil Production Capacity
Kuwait, one of the top OPEC producers in the Middle East, plans to invest as much as $50 billion to raise its oil production capacity to above 3 million barrels…
Natural Gas Retreats Amid Repeated Substantial Injections, EBW Analyst Says
In an EBW Analytics Group report sent to Rigzone by the EBW team today, Eli Rubin, an energy analyst at the company, outlined that natural gas “retreat[ed]…amid repeated substantial injections”. “Yesterday’s…
Podcast | What the 45V repeal means for hydrogen and clean energy
In this episode of The 1895 Podcast we are joined by Mona Dajani, Partner and Global Co-Chair of Energy Infrastructure & Hydrogen, and Co-Chair of the Energy Sector at Baker…
Texas Utility Vistra Energy Expands Gas Power Holdings in $2 Billion Deal
Texas-based utility Vistra Energy has struck a $1.9-billion deal for the acquisition of close to 2.6 GW worth of gas-powered generation capacity across several states from Lotus Infrastructure Partners. The…
National Grid Reports Significant Profit Increase
National Grid’s annual profits rose by a fifth as it lauded stable growth against a backdrop of “international economic uncertainty.” On an underlying basis, pre-tax profit increased 20 per cent…
Strathcona Makes Takeover Offer for MEG Energy
Strathcona has made an offer to acquire sector player MEG Energy for the equivalent of some $4.25 billion in cash and stock, per Reuters calculations. The offer represents a 9.3%…
First Nations to Acquire Stake in Enbridge’s BC Pipeline
Enbridge Inc. and a partnership of 36 First Nations in British Columbia have inked a deal for the Indigenous groups to acquire a 12.5 percent ownership in a natural gas…
