Russia Abruptly Bans Diesel, Gasoline Exports
Russia has implemented a ban on the export of diesel and petrol, sending shockwaves through global energy markets and sparking
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Oil
Pipestone Energy Faces Resistance From Shareholders In Strathcona Resources Acquisition Deal
GMT Capital, the second-largest shareholder of Pipestone Energy Corp (TSX: PIPE), has already announced its intention to vote against a
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Oil Rallies: Could $90 Be The New Norm?
Oil prices experienced a decline on Monday following a recent surge to 10-month highs, fueled by Saudi Arabia and Russia’s
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OPEC+ Supply Dips as Saudi Arabia’s Production Cuts Take Effect
In July, the oil supply from OPEC+ saw a significant dip of 1.2 million bpd, bringing the total to 50.7
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Warren Buffet-Backed Occidental Petroleum To Acquire Carbon Engineering For $1.1 Billion
Occidental Petroleum Corp. (NYSE: OXY), backed by Warren Buffett, has announced its acquisition of Canadian startup Carbon Engineering Ltd. for
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US Shale Well Output Decline Breaks Records, Breakeven Prices Will Rise: Report
In its latest analysis, Enverus research firm reveals that the decline in output from US shale wells has taken a
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CGX Energy To Hand Over Up To 4.7% Interest In Corentyne To Frontera
CGX Energy (TSXV: OYL) is again giving up an ownership percentage in the Corentyne block, found offshore of Guyana. As
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US Oil Production Set to Break Records Amidst Global Supply Tightening
US oil production is on a surge and is anticipated to outpace earlier projections made this year, as revealed in
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Russia Extends Crude Export Cuts Through to September
Earlier this year Russia boldly pledged to slice its overseas supplies by half a million barrels a day. Now, Russia
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Strathcona Resources to Acquire Pipestone Energy Corp in Bid to go Public
Calgary-based Strathcona Resources Ltd. is set to become the fifth largest oil producer in Canada with the planned acquisition of
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