Recent economic policy changes, particularly tariffs, have created market uncertainty for US oil and gas operators, potentially causing production to fall below record highs. Oil producers are ...
Capital investment in Canada's upstream oil and gas industry will rise 14% this year to C$27.3 billion ($21.44 billion), the Canadian Association of Petroleum Producers (CAPP) said on Wednesday, ...
To free up cash, the oil giants have been cutting costs. Exxon recently announced it would reduce its workforce by 3-4%.
Donald Trump, a man not renowned for the length of his attention span, likes simple formulae. Scott Bessent, his nominee to be treasury secretary, has one: “3-3-3”. He wants to cut America’s federal ...
The 2025 federal budget has signalled a shift in tone on the oil and gas sector, but experts say there's still a lot of unknowns in how that will actually play out.
The president is calling for energy dominance, but aging shale plays aren’t positioned to deliver a surge of new oil production. President Donald Trump wants to “unleash” American energy. The problem: ...
For months, US President Donald Trump has berated European Union countries for continuing to buy oil and gas from Russia, ...
Natural gas prices rise; oil prices above $75/bbl. The January 2025 natural gas price at the Opal Hub averaged $3.75 per million British thermal units (MMBtu), $0.99 more than last month, but $0.99 ...
Using federal public lands for fun and leisure provides sustainable long-term value that drilling and mining do not, a ...
Russia's sanctions-hit economy has been left reeling by falling fossil fuel revenues and a slump in profitability in the country's oil refineries. Figures released by Russia's state statistics agency ...
The Conservative leader travelled to the north-east of Scotland to launch her party’s new campaign to end the moratorium on ...