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An Arctic blast sweeping across western Canada - cold enough to turn the region's oil sands solid - is weighing on the price of heavy crude , Bloomberg reports. More news on: Suncor Energy Inc., Canadian Natural Resources Limited, Cenovus Energy Inc., Energy stocks news, Read more ......
Western Canadian Select's discount to U.S. West Texas Intermediate crude oil today hit the widest since Alberta's provincial government introduced its plan to restrict production more than a year ago, reaching US$24.05/bbl . More news on: Suncor Energy Inc., Canadian Natural Resources Lim...
China has set up a national oil and gas pipeline company, as the government attempt to improve competition after being under the control of three state oil groups, state new agency Xinhua reports. More news on: PetroChina Company Limited, China Petroleum & Chemical Corporation, CNOOC...
Russia has started supplying natural gas to China via the 1,865-mile Power of Siberia pipeline, Russia's most significant energy project since the collapse of the Soviet Union and a symbol of its diplomatic pivot to the east at a time of worsening relations with the west. More news on...
Petrobras (NYSE: PBR ) is posed to become the world's largest oil producer among publicly listed companies by 2030, Rystad Energy says in a new report. More news on: Petróleo Brasileiro S.A. - Petrobras, Public Joint Stock Company Rosneft Oil Company, PetroChina Company Limited, Ene...
The price of Canadian heavy crude oil fell yesterday as the strike at Canadian National Railway ( CNI -1% ) curbed oil shipments, with Western Canadian Select's discount to WTI futures widening by $2.90/bbl to $18.90/bbl, Bloomberg reports. More news on: Canadian National Railway Com...
BP , Royal Dutch Shell ( RDS.A , RDS.B ) and Total (NYSE: TOT ) are among the global oil firms partnering with Intercontinental Exchange (NYSE: ICE ) in a new futures exchange to trade Abu Dhabi's flagship Murban crude grade in what could become a new price benchmark for 20% of the wo...
Brazil flopped again in the government's second oil auction in two days, as major global firms passed up promising offshore blocks and forced officials to reconsider a bidding system that gives a privileged position to state-run Petrobras ( PBR +0.8% ). More news on: Petróleo Bra...
Alberta's provincial government says it will introduce a carbon tax of $30/metric ton on large industrial facilities including oil sands plants to align with federal climate law and avoid potential intervention from the Trudeau administration. More news on: Suncor Energy Inc., Canadian N...
PetroChina (NYSE: PTR ) reported ~58% Y/Y fall in Q3 profit to RMB8.83B, dragged down by weaker global energy prices and slowing growth in its domestic gas market. More news on: PetroChina Company Limited, Earnings news and commentary, Energy stocks news, Read more ...
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BEIJING, CHINA / ACCESSWIRE / October 27, 2022 / PetroChina Company Limited ("PetroChina" or the "Company", HKSE: 00857; SSE: 601857) announced that in the first three quarters of 2022, despite complex and severe external environment, the Company overcame the challenges arising from lower cr...
BEIJING, CHINA / ACCESSWIRE / August 25, 2022 / PetroChina Company Limited ["PetroChina" or the "Company", (SEHK:0857)(NYSE:PTR)(SSE:601857)] announced that the Company delivered record first half operating performance in 1H2022, underpinned by solid progress in production and operation, sus...