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Canadian energy company ARC Resources said on Tuesday its shareholders have voted in favor of being acquired by Shell, clearing another step for one of this year's biggest energy sector deals....
LNG Canada said on Tuesday five First Nations will have an equity option to invest up to C$1-billion ($710.78-million) to acquire a storage tank planned to be built in a proposed expansion of the...
Greenfire Resources said on Monday that it has agreed to acquire privately held Connacher Oil and Gas Limited for around C$1.27-billion ($900-million) in cash. On a combined basis, Greenfire's...
Oil prices rose on Tuesday to their highest in four weeks, as the US reimposed a naval blockade of Iran and renewed attacks between Washington and Tehran heightened concerns over energy flows...
Chesapeake Utilities said on Monday its unit Peninsula Pipeline Company will develop, construct and operate a natural gas pipeline project in Florida for about $1.2-billion. The project will help...
European Union countries imported record-high volumes of liquefied natural gas (LNG) from Russia's Yamal facility in the first half of this year, EU data showed on Monday, ahead of a ban on Russian...
Australia's east coast gas market is expected to have sufficient supply in the fourth quarter of 2026, though further investment will be needed to meet longer-term demand, the country's competition...
Oil surged by more than 5% on Wednesday and global stocks and bond prices tumbled, as investors fled risk assets after US President Donald Trump said the memorandum of understanding signed with...
Global oil output and trade flows should rebound fully by the end of this year from the disruptions caused by the Iran war, the US Energy Information Administration (EIA) said on Tuesday. Global...
Brazilian State-run oil firm Petrobras signed an agreement with regulator ANP committing to bring 335 temporarily abandoned offshore wells into compliance with safety and environmental rules, both...
Trans Mountain said on Tuesday it reached a settlement with oil shippers after 18 months of negotiating a dispute about the tolls the pipeline charges its customers to carry oil. Trans Mountain,...
Alberta and Ontario on Monday proposed a new 2 050-mile (3 300 km) crude oil pipeline between the two Canadian provinces that they said would initially move 500 000 barrels per day (bpd) and reduce...
Oil prices settled around pre-Iran war levels on Monday as Saudi Arabia slashed its official selling prices, OPEC+ approved another production target increase starting in August, and exports...
Global liquefied natural gas (LNG) trade hit a record last year as strong US exports and rising European imports offset weaker Asian purchases, the International Gas Union (IGU) said in a report on...
Oil prices were little changed on Friday before a long holiday weekend in the US, as traders held on to hopes that attempts to secure peace in the Middle East between the US and Iran would...
Canada announced plans to build a new oil pipeline from Alberta to the Pacific coast, which would give the world's fourth-largest oil producer greater capacity to export to Asia and ease its...
For the first time in nearly two years, less than half of US (liquefied natural gas) LNG exports last month went to Europe as stronger prices in Asia and record imports by Egypt diverted cargoes,...
Swiss-based commodities trading house Mercuria and Italian oil and gas major Eni have agreed to set up a joint venture (JV), the companies said on Wednesday, reflecting a trend for trading...
US crude oil production rose to 13.93-million barrels per day (bpd) in April, the highest on record, monthly data from the Energy Information Administration (EIA) showed on Tuesday, as producers...
Global liquefied natural gas (LNG) demand is expected to rise by around 65% by 2050, driven largely by Asia as countries seek lower-emission alternatives to coal and data centres boost power...
Oil prices rose on Monday following days of tit-for-tat strikes by the US and Iran that underscored the fragility of their interim peace deal and again slowed energy shipping through the Strait of...
Energy exploration has picked up sharply in Australia driven by growing Asian gas demand, technological advances and an improved investment climate, with the Iran war underscoring the urgency to...
JSE- and Nasdaq-listed ASP Isotopes has announced that its wholly-owned subsidiary Noble Africa, an intermediate holding company for Renergen, will merge with a subsidiary of Nasdaq-listed ENDRA...
Railway exports of liquefied petroleum gases (LPG) from the Canadian production hub of Edmonton, Alberta, to refining and trading centers in the US are unusually high this summer owing to strong...
Malaysia's State-controlled energy producer Petronas has made another gas discovery at offshore Block 52 in Suriname, the South American country's President Jennifer Simons said on Tuesday, while a...
The government of Alberta, Canada's main oil-producing province, is in talks to export more crude oil to Japan and reduce that country's reliance on the Middle East, the province's Energy Minister...
Woodside Energy agreed to supply domestic gas to aluminium producer Alcoa Corporation's Australian unit from 2027 to 2030, the Australian energy major said on Tuesday. Under the deal, Woodside...
Oil prices fell on Friday on the prospect of more supply returning to the market after oil tankers began to move through the Strait of Hormuz following the signing of the US-Iran interim peace...
Middle Eastern crude oil markets could come under further pressure if the Strait of Hormuz reopens on Friday following the US-Iran interim deal, releasing-millions of barrels of oil stranded in the...
Canada's Keyera Corporation said on Wednesday it has acquired the remaining 50% stake in the KAPS natural gas liquids pipeline from Stonepeak for C$1.215-billion ($860.97-million), taking full...
PC Ketapang II Ltd, a unit of the Searah joint venture between Italy's Eni and Malaysia's Petronas, has begun the physical construction work on its Bukit Panjang gas field in Indonesia, the company...
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