The decline of oil’s forward curve suggests the organization has good reason to be cautious Other
The European Parliament is considering accelerating a phaseout of Russian oil and gas imports in a bid to sever ties definitively with the region’s former top energy supplier. Economics
B.C. premier's opposition to oil and gas industry is predictable Other
The Alberta government is working on a proposal (to be submitted to Ottawa next year) for a new pipeline that checks almost all the boxes. Almost. The advisory group steering the project will bring together some of the best minds in the oil and gas industry, it will enlist Alberta’s impressive Alberta Machine Intelligence Institute […] Events
Layoffs are expected to take place by the end of 2027 Other
Saudi Arabian Oil Co. cut prices for liquefied petroleum gas to the lowest since August 2023, a move that could help bolster sales of the widely-used cooking fuel amid rising competition with rivals. Economics
Only about 1,100 workers remain at the corporate office campus Economics
The head of Glencore Plc’s oil and gas trading team is planning to leave the company, becoming the latest high profile departure from one of the world’s biggest commodity traders. Economics
Falcon Oil & Gas Ltd. Tamboran to acquire Falcon Oil & Gas Ltd. to create ~2.9-million-acre Beetaloo Basin business 30 September 2025 Highlights Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) (Falcon) and Tamboran Resources Corporation (NYSE: TBN, ASX: TBN) (Tamboran) have entered into a definitive agreement to create an ~2.9 million net prospective […] Other
The Russian government expects the oil and gas industries’ contributions to the national budget this year to drop to the lowest since the pandemic of 2020 after prices for its fuels dipped and the ruble strengthened. Culture
Falcon Oil & Gas Ltd (“Falcon”) Beetaloo drilling and planned stimulation update 29 September 2025 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to give an update on current drilling and future planned stimulation in the Beetaloo Sub-basin. Falcon Oil & Gas Australia Limited’s (“Falcon Australia”) joint venture partner Tamboran (B2) […] Other
Ukraine’s biggest oil and gas company is pitching several projects that could be among the first under a resource deal with the US to shore up its wartime economy and help secure support from President Donald Trump. Other
The US oil and gas industry is taking its private backlash against President Donald Trump’s energy agenda to the next level, warning that policy missteps are hurting the world’s biggest oil producer. Economics
India wants to increase purchase of oil and gas from the US, Commerce Minister Piyush Goyal said, amid efforts to persuade Washington to lower tariff on country’s exports and secure a trade deal. Politics
'It turns out that nobody wants to build a pipeline when the government bans you from producing the oil to put into it,' said Poilievre Society
Alberta shafted again Based on the latest news from PM Carney and his federal Liberals, does Premier Smith want to continue to cozy-up to Carney and the Liberals in Ottawa? It would appear that Smith, the UCP government and the oil and gas industry of Alberta are all destined to be caught holding the Old […] Other
BANGKOK (AP) — Russia and Vietnam have developed a back-door method of concealing arms deal payments to avoid American and other Western sanctions, using the profits from joint oil and gas ventures to pay off defense contracts without any open transfers of cash through the global banking system, according to internal Vietnamese documents obtained by […] Events
TORONTO — A new report says Canada’s big banks financed about US$145 billion in fossil fuel investments last year, compared with about US$75 billion to low-carbon energy. The report by energy transition research firm BloombergNEF focuses on the ratio of global bank funding going to oil, gas and coal projects compared with low-carbon investments like […] Other
The Canadian Climate Institute says a drop in emissions in sectors like electricity production and heavy industry were offset by increased emissions from the oil and gas sector. Society
The global banking sector failed to make any progress in financing the clean energy transition last year, with capital allocations to oil, gas and coal continuing to outpace money spent on renewables. Other
