Oil Sands Now Has Policies Needed to Boost Output, Canada Says

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By Robert Tuttle Canadian oil sands producers now have what’s needed policy-wise from the federal government to raise production enough to fill major new oil pipeline capacity, the country’s energy minister says. The government on Wednesday revealed plans to remove federal environmental reviews of energy projects, including oil and gas pipelines, natural gas plants and …

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Carney Woos Investors With Data Centers, Mines and LNG Deals

Artificial Intelligence, CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, LNG, Minerals / By

By Thomas Seal, Brian Platt, and Christine Dobby Canada plans to show some of the world’s biggest investors a pitchbook laying out tens of billions of dollars’ worth of projects spanning data centers, advanced manufacturing, liquefied natural gas, ports and dozens of mines. A document seen by Bloomberg News features 167 projects intended to be …

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Global Clean Hydrogen Investment Tops $130 Billion Amid Energy Security Push, Council Says

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TOKYO, Sept 10 (Reuters) – Global cumulative investment in clean hydrogen projects has topped $130 billion as governments increasingly view the ​fuel as a tool for energy security ‌and industrial growth alongside decarbonisation, the Hydrogen Council said on Thursday. The investment in more than 570 committed projects supports about ​6.9 million metric tons per year …

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Why is the Bab el-Mandeb Strait so Important?

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(Reuters) – The Iran-backed Houthis are seeking to control the whole Yemeni Red Sea coast, which would further consolidate their leverage over the Bab el-Mandeb Strait — one of the busiest and most contested global maritime chokepoints. The militant group has already declared a naval blockade against Saudi Arabia, the world’s largest oil exporter, and …

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China Independent Refiners Scramble for Oil, Underpinning Spot Premiums

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(Reuters) – Chinese independent refiners have been rushing to secure crude from West Africa, Canada and South America in recent weeks, supporting spot premiums at multi-month highs as they replace thinning Iranian and Russian supplies, trade sources and analysts said. The purchases are set to further tighten physical markets as escalating attacks between the U.S. …

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Where Global Gas and LNG Infrastructure is Growing: Maguire

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(Reuters) – Natural gas and LNG have emerged as the fossil fuel industry’s most important growth markets as demand for oil and coal comes under mounting pressure from electrification, efficiency gains and climate policies. Governments and utilities are increasingly turning to gas to support rising electricity demand and provide reliable power alongside expanding renewable energy …

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Asia’s Oil Industry Wants Trump to Leave the Gulf, But Expects He Won’t: Russell

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(Reuters) – Asia’s crude oil industry has a good idea of how to end the current crisis created by the Iran conflict. But they also know their wish is unlikely to be granted and they are hunkering down for an extended disruption to supplies from the Middle East. Across thousands of conversations at this week’s …

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China’s EV Penetration Could Reach 80% by 2030, Sinopec Researcher Says

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(Reuters) – China’s electric vehicle penetration rate is expected to continue rising, albeit at a slower pace toward the end of the decade, to reach 75% to 80% by 2030, a researcher at state oil company Sinopec said on Thursday. The continued growth of the sector is set to curb oil demand in the world’s …

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WAR MAY LAST: Trump Advisers Warn Iran Conflict May Last Through end of His term, WSJ Reports

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Top White House advisers, including Vice President JD Vance and Secretary of State Marco Rubio, have privately warned President Donald Trump that the conflict with Iran could extend through the remainder of his presidency, the Wall Street Journal reported on Wednesday, citing U.S. officials. The White House did not immediately respond to a Reuters request …

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HOW ABOUT NOW INSTEAD? Trump Says Iran War to End after US Midterm Elections, Threatens to Attack Pickaxe Mountain

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Trump says Iran war to end after US midterm elections, threatens to attack Pickaxe Mountain President Donald Trump said he expected the war with Iran to end after the November U.S. midterm elections and threatened again to attack a site associated with the Islamic Republic’s nuclear programme after the two sides launched their biggest wave …

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