US provides Chevron limited authorization to pump oil in Venezuela Firstly, the US has granted Chevron limited authorization to resume pumping oil from Venezuela. Secondly,...
The US Energy Information Administration (EIA) released its Drilling Productivity Report. It indicates that November should break domestic oil and gas production records. With the...
Petroleum products Firstly, in the first half of 2022, U.S. exports of petroleum products averaged nearly 6 million barrels per day, the most first-half-of-year exports...
Firstly, U.S. refiners are expected to buy more Canadian oil after the Biden administration ends releases from the Strategic Petroleum Reserve (SPR) this fall. Secondly,...
Firstly, oil edged up 1% on Wednesday as an international energy watchdog expects an increase in gas-to-oil switching due to high prices this winter, even...
Fistly, the U.S. Energy Secretary urged domestic oil refiners this month to not further increase exports of fuel like gasoline and diesel. May be the...
Canadian dollar weakened Firstly, the Canadian dollar weakened to a five-week low against its U.S. counterpart on Monday. Investors worried about the global economic outlook. Price...
OPEC meeting Firstly, the United States is not expecting Saudi Arabia to boost oil production immediately; and is eyeing the outcome of the next OPEC+...
Energy opportunity The New Ukraine ambassador calls the European energy crisis an opportunity for Canada. National oil and gas companies can help fight against Russia...