U.S. & International
German leader says gas pipeline part is ready for Russia
Wednesday, August 3, 2022, 7:11 AM MDT
German Chancellor Olaf Scholz inspected a mechanical turbine at the centre of a natural gas dispute and declared Wednesday "there are no…
Chesapeake Energy to exit Eagle Ford shale in hard pivot to gas
Wednesday, August 3, 2022, 6:55 AM MDT
Chesapeake Energy Corp. plans to exit the Eagle Ford Shale of South Texas as it increasingly pivots away from oil…
OPEC+ agrees to raise output next month at much slower pace
Wednesday, August 3, 2022, 6:41 AM MDT
OPEC+ agreed on a production increase of 100,000 barrels a day for September, giving a tight market extra supplies at…
BP boosts returns as oil refining and trading drive profit beat
Tuesday, August 2, 2022, 6:47 AM MDT
BP plc hiked its dividend and accelerated share buybacks to the fastest pace yet after an “exceptional” result in oil…
Canada claims victory on EV tax credits in Manchin-Schumer deal
Friday, July 29, 2022, 7:04 AM MDT
Prime Minister Justin Trudeau’s top trade official claimed a diplomatic victory for Canada on US electric vehicle tax credits proposed…
Exxon, Chevron score record profits as energy markets convulse
Friday, July 29, 2022, 6:47 AM MDT
Exxon Mobil Corp. and Chevron Corp. posted their highest-ever profits, reaping the rewards from surging commodity prices amid supply disruptions…
Record US oil exports set to grow as WTI discount deepens
Thursday, July 28, 2022, 6:49 AM MDT
The US is exporting more oil than ever before, with shipments poised to climb even higher. A key factor: The…
Europe energy prices keep soaring as Russia tightens supply
Wednesday, July 27, 2022, 6:53 AM MDT
European energy extended a scorching rally as Russia tightened its grip on the region’s supply, further threatening the economy and…
Russia cuts gas through Nord Stream 1 to 20% of capacity
Wednesday, July 27, 2022, 6:11 AM MDT
Russia's Gazprom on Wednesday halved the amount of natural gas flowing through a major pipeline from Russia to Europe to 20 per…
Developing nations seek to overcome energy, currency crises
Tuesday, July 26, 2022, 7:17 AM MDT
Business leaders and officials from eight developing nations meeting in Bangladesh on Tuesday said more cooperation was needed among them…
Libyan oil hits milestone with output at 1 million barrels a day
Tuesday, July 26, 2022, 7:10 AM MDT
Libya boosted oil production to more than 1 million barrels a day, a milestone for the North African country where…
Big Oil set for record profit as world reels from high fuel cost
Tuesday, July 26, 2022, 6:41 AM MDT
Big Oil is poised for a record-breaking $50 billion profit in the second quarter, but the industry’s stellar performance could…
