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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
