Taxpayers Could Bear the Losses in Trans Mountain Pipeline Sale
Canada’s acquisition and expansion of the Trans Mountain Pipeline (TMC) in 2018 has long sparked controversy over its financial feasibility.
Read more
Oil
Trudeau Government Orders 35% Emissions Cut from Oil Giants by 2030
Canada will force its energy sector to slash greenhouse gas emissions by 35% over the next six years, introducing a
Read more
Gran Tierra’s Q3 2024 Profits Plunge 97% Amid Rising Costs and Oil Price Pressures
Gran Tierra Energy (TSX: GTE) released its third-quarter 2024 results, showing mixed performance amidst a challenging oil price environment and
Read more
Oil Jumps Amid Reports of Iran Preparing for Retaliation
Crude oil markets experienced a sharp upswing in late trading Thursday as intelligence reports emerged suggesting potential military action between
Read more
Oil Markets Signal Relief After Contained Middle East Action
International crude markets experienced a dramatic downturn Monday as investors responded to Israel’s limited military action against Iran over the
Read more
Oman’s State-Run Energy Giant Pulls in $2 Billion from Landmark IPO
In a significant move for Oman’s economy, OQ Exploration & Production (OQEP), a subsidiary of the state-run OQ SAOC, raised
Read more
‘Big Oil Doesn’t Have Your Back’: Newsom’s Fuel Bill Divides California
California Governor Gavin Newsom’s recent signing of a controversial fuel regulation bill has ignited a heated debate among lawmakers, industry
Read more
Did Jagmeet Singh Inflate Cenovus’ Profits?
Jagmeet Singh, leader of the New Democratic Party, recently claimed that Cenovus (NYSE: CVE) made $37 billion in profits last
Read more
Iran’s Oil Exports Plummet as Israel-Iran Conflict Escalates
Recent data from S&P Global Commodities at Sea reveals a significant drop in Iran’s crude oil exports, as tensions between
Read more
Oil Prices Rebound as US Inventories Drop and Hurricane Francine Threatens Production
Crude prices experienced a rebound of over 1% on Wednesday, partially recovering from the previous day’s losses. This upturn was
Read more