Are Oil Prices Approaching Breakeven for Producers?
The energy sector is navigating a complex landscape as West Texas Intermediate (WTI) oil prices recently dipped below $70, sparking
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Oil
Venezuela Is Already Violating Its Energy Sanction Deal As It Suspends Opposition Primary Vote
Not even a month after the United States decided to relax oil and gas sanctions against Venezuela following the Maduro
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Sonoro Energy Set To Spud Its First Well This Month
Sonoro Energy (TSXV: SNV) is moving towards becoming the newest junior oil operator on the markets, announcing this morning that
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EIA Reports “Record” Crude Production… Or Did They?
The Energy Information Administration (EIA) released its monthly U.S. oil data for August yesterday, with the spotlight shining on the
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ReconAfrica Sells Off Mexican Assets As It Works To Clean Up Balance Sheet
Reconnaissance Energy Africa (TSXV: RECO), who operates under the banner ReconAfrica, has significantly reduced legacy liabilities from its balance sheet
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US To Soften Sanctions On Venezuelan Oil In Exchange For Fair Elections
In a diplomatic turn, the U.S. and Venezuela have crafted an agreement to address longstanding tensions. Under the agreement, the
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Tourmaline Oil Drops $1.45 Billion To Further Consolidate Alberta’s Deep Basin
Tourmaline Oil (TSX: TOU) is increasing its control of the Alberta Deep Basin, announcing this morning the $1.45 billion acquisition
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Suncor Buys Out TotalEnergies Canadian Portfolio For $1.5 Billion
Suncor Energy (TSX: SU) has significantly expanded its portfolio through the acquisition of TotalEnergies’ Canadian operations, in a transaction finalized
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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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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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