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Gas pipeline’s cost has soared to $10.9 billion, TC Energy says

Wednesday, February 1, 2023, 6:55 AM MST

The price tag for TC Energy Corp.’s Coastal GasLink project has jumped to C$14.5 billion ($10.9 billion), as labour shortages…

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Adnoc reveals record income for gas business ahead of IPO

Wednesday, February 1, 2023, 6:38 AM MST

The United Arab Emirates’ national energy company has started pitching an initial public offering of its gas business to investors…

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Oil steadies near $79 before Fed meeting and OPEC+ guidance

Wednesday, February 1, 2023, 6:29 AM MST

Oil steadied before the Federal Reserve’s monetary-policy decision and guidance from producer group OPEC and its allies. West Texas Intermediate…

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India's finance minister announces new clean energy funds

Wednesday, February 1, 2023, 6:19 AM MST

Indian finance minister Nirmala Sitharaman announced several new clean energy initiatives in the government's annual federal budget speech on Wednesday,…

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CNOOC’s $3 billion UK portfolio sale has stalled on valuation gap

Tuesday, January 31, 2023, 6:45 AM MST

CNOOC Ltd. has paused a planned sale of its UK North Sea portfolio, which could have been valued at as…

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Exxon’s $59 billion profit clouded by disappointment on buybacks

Tuesday, January 31, 2023, 6:39 AM MST

Exxon Mobil Corp. reaped a record $59 billion annual profit but disappointed some investors by holding the line on share…

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Oil set for third monthly drop as China, Fed meeting in focus

Tuesday, January 31, 2023, 6:30 AM MST

Oil headed for a third straight monthly loss as traders awaited clues on China’s economic recovery, the latest guidance from…

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IMF upgrades outlook for the global economy in 2023

Tuesday, January 31, 2023, 6:25 AM MST

The outlook for the global economy is growing slightly brighter as China eases its zero-COVID policies and the world shows…

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Europe scrapes out economic growth by dodging gas disaster

Tuesday, January 31, 2023, 6:15 AM MST

Europe's economy scraped out meager gains at the end of last year as galloping inflation fed by high energy prices…

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Total CEO sees tight gas market, pricey diesel in Europe in 2023

Monday, January 30, 2023, 6:36 AM MST

Europe’s natural gas market will tighten again in 2023 as stockpiles will have to be replenished over the summer without…

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Scholz seeks to end China’s lithium dominance in South America

Monday, January 30, 2023, 6:32 AM MST

Chancellor Olaf Scholz is using a trip to Latin America to help Germany secure additional supplies of the lithium that…

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Oil edges lower as commodities ease, investors eye rate hike

Monday, January 30, 2023, 6:25 AM MST

Oil edged lower, along with broader commodities markets, as China’s return from Lunar New Year holidays failed to deliver hoped-for gains.…

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