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Citi Says Geopolitics to Support Oil Near Term – Peace Deals Seen Lowering Prices

(Reuters) – Oil prices could remain supported in the near term as U.S. President Donald Trump ramps up pressure for peace deals involving Russia and Iran, but a resolution later this year may ultimately push crude lower, Citi said on Monday. Brent crude has rallied from around $60 per barrel to near $70 in the …

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Russia Pummels Ukraine’s Power Grid Before Talks

By Reuters KYIV, Feb 17 – Russian forces pounded Ukrainian power infrastructure before a new round of peace talks, killing three energy workers and leaving tens of thousands of people without power and heat, officials said on Tuesday. President Volodymyr Zelenskiy condemned the overnight strikes on 12 Ukrainian regions that came under attack hours before the …

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Oil Prices Little Changed Ahead of US – Iran Nuclear Talks

Summary US, Iran officials due to meet in Geneva on Tuesday Iran says energy, mining and aircraft deals on table in US talks OPEC+ leans toward resuming output hikes from April, sources say LONDON, Feb 16 (Reuters) – Oil prices were little changed on Monday, with investors weighing the market implications of upcoming U.S.-Iran talks …

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Trump, Netanyahu Agreed US Should Press Iran to Cut Oil Sales to China, Axios reports

(Reuters) – President Donald Trump and Israeli Prime Minister Benjamin Netanyahu agreed at a White House meeting on Wednesday that the U.S. would work to reduce Iran’s oil exports to China, Axios reported, citing two U.S. officials briefed on the issue. “We agreed that we will go full force with maximum pressure against Iran, for example, regarding Iranian oil …

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As Trump Shreds Climate Rules, China’s Emissions Start to Fall

The two superpowers are choosing different paths in terms of where to get energy and how to tackle climate change Bloomberg News This week’s major climate news played out on a split screen with the world’s two superpowers signalling different paths for the future. In the United States, the Environmental Protection Agency walked back its own …

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Canada’s Carbon Plan Will Help Oil Patch in Future, Energy Minister Says

By Robert Tuttle Takeaways by Bloomberg AI Canada’s energy minister said the government’s push to build carbon capture technology in the Alberta oil sands ensures the industry is adapting to change. The Canadian government signed a memorandum of understanding with the province of Alberta that pledged backing for a new oil pipeline in exchange for a higher …

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Exxon Mobil Can Sue California Attorney General for Defamation Over Recycling, Judge Rules

Summary Judge rejects Rob Bonta’s immunity claim in defamation case Attorney general accused Exxon of lies, deception Claims against environmental groups are dismissed Bonta, Exxon not available for comment (Reuters) – A federal judge on Friday rejected California Attorney General Rob Bonta’s bid to dismiss Exxon Mobil’s  lawsuit accusing him of defamation in criticizing the oil …

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Oil Prices Settle Slightly Higher as Optimism Around US Inflation Data Outweighs OPEC Supply Concerns

Summary US CPI data suggests potential for further rate cuts, boosting risk appetite OPEC+ may resume oil output increases from April, impacting summer fuel demand Russia says next Ukraine peace talks set for next week Investors watch for US-Iran talks, easing Venezuelan sanctions HOUSTON, Feb 13 (Reuters) – Oil prices settled marginally higher on Friday …

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Teine Energy Ltd. Announces Duvernay Tuck-in Acquisition

CALGARY, AB, Feb. 13, 2026 /CNW/ – Teine Energy Ltd. (“Teine”) announces that it has entered into a definitive agreement to acquire all the outstanding shares of TMax Energy Ltd., increasing Teine’s total Duvernay acreage to over 700 sections. Teine is currently producing over 10,000 boe per day within the Carrot Creek Duvernay lands. Teine was represented by Bennett …

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Caturus Signs LNG Supply Deal with Saudi Aramco

U.S. gas producer Caturus said on Friday it signed a 20-year agreement to supply 1 million tonnes per annum of LNG to Saudi Aramco from its proposed Louisiana export project. Last month, Reuters reported the deal, citing sources, between Aramco and Commonwealth LNG, owned and operated by Caturus. Commonwealth had said it wants to get to 8 …

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