U.S. & International
US decides to limit leasing in Alaska petroleum reserve
Wednesday, April 27, 2022, 6:46 AM MDT
The U.S. Interior Department has issued a decision to limit roughly half the National Petroleum Reserve-Alaska to oil and gas leasing, rolling back a…
World Bank forecasts elevated commodity prices to remain through end of 2024
Wednesday, April 27, 2022, 6:24 AM MDT
The World Bank says commodity prices that reached historically elevated levels because of the war in Ukraine will remain high…
Big Oil’s huge Russia writedowns eased by cash from $100 oil
Tuesday, April 26, 2022, 6:52 AM MDT
Big Oil is walking away from tens of billions of dollars of Russian assets, but $100 crude is easing the…
Morgan Stanley raises oil forecasts by $10 citing market deficit
Tuesday, April 26, 2022, 6:35 AM MDT
Morgan Stanley increased its third- and fourth-quarter price forecasts for global benchmark Brent crude by $10 a barrel due to…
TC Energy to explore RNG transportation hub in U.S.
Tuesday, April 26, 2022, 6:14 AM MDT
TC Energy Corp. says it will partner with GreenGasUSA to explore development of a network of renewable natural gas (RNG)…
Sanctions hit Russian economy, although Putin says otherwise
Monday, April 25, 2022, 6:59 AM MDT
Nearly two months into the Russian-Ukraine war, the Kremlin has taken extraordinary steps to blunt an economic counteroffensive from the…
China promotes coal in setback for efforts to cut emissions
Monday, April 25, 2022, 6:05 AM MDT
China is promoting coal-fired power as the ruling Communist Party tries to revive a sluggish economy, prompting warnings Beijing is…
Germany faces recession if Ukraine War leads to energy ban
Friday, April 22, 2022, 7:39 AM MDT
The German economy is at risk of shrinking nearly two per cent this year if the war in Ukraine escalates…
Schlumberger says Russia isolation spurs drilling elsewhere
Friday, April 22, 2022, 6:39 AM MDT
Schlumberger said Russia’s war on Ukraine is spurring an exploration boom as buyers search for alternative crude supplies. The world’s…
China energy giants in talks for Shell’s Russian gas stake
Thursday, April 21, 2022, 6:36 AM MDT
China’s key state-run energy companies are in talks with Shell plc to buy its stake in a major Russian gas…
Long-term gas deals become pricey as world moves to quit Russia
Thursday, April 21, 2022, 6:24 AM MDT
Liquefied natural gas suppliers are asking clients to pay much higher rates for new long-term contracts, as a global effort…
Shell withdraws staff from Russia projects as exit plan begins
Wednesday, April 20, 2022, 6:40 AM MDT
Shell plc started to withdraw staff from its joint ventures with Russia’s Gazprom PJSC as it moves forward with plans…
