U.S. & International

Gas surges further as Europe’s summer misery keeps piling up

Tuesday, August 16, 2022, 6:40 AM MDT

Natural gas extended a rally as a scorching summer in Europe triggers higher-than-normal demand, exacerbating an energy crisis that’s threatening…

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BP is exiting its Mexican oil assets in shift toward renewables

Tuesday, August 16, 2022, 6:34 AM MDT

BP plc is seeking to get rid of its oil assets in Mexico amid a shift in its business strategy…

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Biden to sign massive climate and health care legislation

Tuesday, August 16, 2022, 6:12 AM MDT

President Joe Biden will sign Democrats' landmark climate change and health care bill on Tuesday, delivering what he has called…

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Trade minister vows to keep pushing US on global tax deal

Monday, August 15, 2022, 7:16 AM MDT

Canada’s trade minister praised US passage of a landmark tax and climate-change bill, playing down the potential for conflict over what was…

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German refinery reliant on Russia is now using oil from the US

Monday, August 15, 2022, 6:56 AM MDT

Germany’s Schwedt oil refinery has started processing US crude blended with Russian Urals, according to a person familiar with the…

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Saudi Aramco's profits already $88B as oil prices stay high

Monday, August 15, 2022, 6:23 AM MDT

Saudi oil company Aramco's half-year profits peaked just shy of $88 billion for the first half of the year as oil prices remain…

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Trudeau and German Chancellor to sign hydrogen deal in Newfoundland

Monday, August 15, 2022, 6:16 AM MDT

Prime Minister Justin Trudeau and German Chancellor Olaf Scholz are set to sign a green energy agreement later this month…

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Cheap US oil undercuts Middle Eastern crude in top demand centre

Friday, August 12, 2022, 6:59 AM MDT

Asian buyers have snapped up a huge volume of cheap US oil early in the latest trading cycle for spot…

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Mexico plans to become an export hub with US-drilled natural gas

Friday, August 12, 2022, 6:47 AM MDT

Mexico — which imports nearly all of the natural gas it burns — has laid out a somewhat surprising mission: to become one…

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Oil demand accelerates as gas crisis spurs switch, IEA says

Thursday, August 11, 2022, 7:04 AM MDT

The International Energy Agency boosted its forecast for global oil demand growth this year as soaring natural gas prices and…

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OPEC sees global oil market tipping into surplus this quarter

Thursday, August 11, 2022, 6:55 AM MDT

OPEC expects global oil markets to tip into surplus this quarter as it downgraded the outlook for demand and bolstered…

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Saudi Aramco to make huge bet on carbon storage

Thursday, August 11, 2022, 6:42 AM MDT

Saudi Aramco plans to begin permanently storing carbon dioxide from 2026 in one of the largest facilities of its kind,…

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