Canada and the United States have a chance to strike a new economic and defense relationship but nothing is assured, Canadian Prime Minister Mark Carney said on Monday. Last Monday, Carney said he had agreed with U.S. President Donald Trump that their two nations should try to wrap up talks on a new deal within …
Right Canada-US deal Possible but Nothing Assured, Canadian PM Carney Says Read More »
The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world’s most important oil chokepoint due to the large volumes of crude that pass through it every day. The U.S. military’s strike on three sites in Iran over the weekend has raised questions …
The Strait of Hormuz is a Vital Route For Oil. Closing it Could Backfire on Iran Read More »
The Permian Basin has a lot of untapped gassier rock that could be part of a “huge investment” in natural gas, said Michael Sollee, Diamondback Energy’s director of infrastructure, at the IPAA annual meeting.
FLNG Gimi, located offshore Mauritania and Senegal, has ramped up its operations to meet annually contracted volumes of about 2.4 million tons per annum.
Here’s a roundup of the latest E&P headlines, including completion of a Gulf of America survey as an offshore leasing round nears this year.
Diversified Energy will be the operator and servicer of the newly acquired proved developed producing oil and natural gas assets, which Carlyle intends to securitize.
BP, Eni and TotalEnergies have begun evacuating foreign personnel from Iraqi oilfields where they operate, state-run Basra Oil Co. said on June 23.
Advantage Energy subsidiary Entropy Inc. is acquiring interest in three carbon hubs for CA$20 million (~US$14.6 million) plus contingent payments of approximately $15 million (~US$11 million).
Several thousand customers of Con Edison, a major investor-owned electric utility in New York, were without electricity due to sweltering temperatures.
A threatened closure of the Strait of Hormuz, a major trade waterway for oil tankers in the Persian Gulf region, has skyrocketed oil forecasts up to $100/bbl.
