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Biden pledges ‘Come to the Lord’ showdown with oil companies

Monday, November 7, 2022, 6:37 AM MST

President Joe Biden said he plans to soon confront oil company executives over energy prices, as he sought to stave…

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Schlumberger-backed Arabian drilling surges in Riyadh debut

Monday, November 7, 2022, 6:26 AM MST

Arabian Drilling Co., a Saudi oilfield-services firm partly held by Schlumberger NV, surged in its trading debut after raising $710…

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Oil pares loss as dollar cools with focus on China Covid policy

Monday, November 7, 2022, 6:07 AM MST

Oil pared an earlier decline as a weaker dollar offset signals from China that there will be no relaxation of…

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Cenovus and Imperial Oil see Canadian crude weakness into 2023

Friday, November 4, 2022, 6:53 AM MDT

Canadian heavy oil’s discount to the US benchmark widened Wednesday as the heads of two oilsands producers said weak prices…

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Trudeau vows 2% tax on buybacks, boosts clean-tech credits

Friday, November 4, 2022, 6:47 AM MDT

Prime Minister Justin Trudeau’s government took steps to level the corporate playing field with the US on Thursday, announcing a…

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Oil rallies with commodities on optimism over China Covid easing

Friday, November 4, 2022, 6:41 AM MDT

Oil jumped to the highest in more than three weeks as commodities and stocks in Asia rallied on optimism over…

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Canada orders three Chinese firms to divest from country’s lithium miners

Thursday, November 3, 2022, 6:56 AM MDT

Canada’s government ordered three Chinese firms to divest from a trio of small lithium miners based in the country, days…

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Oil drops as more rate hikes overshadow tightening fuel market

Thursday, November 3, 2022, 6:41 AM MDT

Oil fell after Federal Reserve Chair Jerome Powell said interest rates will go higher than earlier projected, overshadowing tightening supply.…

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Germany’s first LNG terminal eyes idled NS2 pipes for expansion

Wednesday, November 2, 2022, 7:21 AM MDT

Germany’s first and only private Floating Storage Regasification Unit in Lubmin is fully booked for years ahead and is considering…

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OPEC output steady last month after group pledged symbolic cut

Wednesday, November 2, 2022, 6:59 AM MDT

OPEC’s crude production held steady last month after the group pledged a symbolic cutback to stabilize market sentiment. The Organization…

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US and UAE sign multibillion-dollar pact to create clean energy

Wednesday, November 2, 2022, 6:52 AM MDT

The US and the United Arab Emirates announced a renewable-energy pact on Tuesday they say could lead to $100 billion…

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Manufacturers push for Canadian response to US green incentives

Wednesday, November 2, 2022, 6:35 AM MDT

Canadian manufacturers urged Finance Minister Chrystia Freeland to deliver a robust response to new US incentives on clean energy and…

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