Cenovus CEO Says U.S. Still Relies Heavily on Canadian Oil
Despite political tensions and tariff threats, the United States remains heavily dependent on Canadian oil, Cenovus Energy CEO…
EIA Calls Peak Shale as Drilling Activity Declines
Peak shale may already be behind us. U.S. crude oil production is now forecast to slip from a…
EU announces punishing sanctions targeting Russian energy and banks – POLITICO
“We will have a presentation and first exchange of views among EU ambassadors (Coreper) still tonight,” said Ignacy…
Turkey boosts domestic gas for leverage over Europe and Iran
Twenty-five years ago, I drove through south-eastern Turkey. The town of Kahta was enjoying an oil boom, modest…
Russia and Iran build energy alliance as west looks on – What’s in it for Azerbaijan?
As geopolitical shifts redefine global energy partnerships, the growing strategic alliance between Russia and Iran is drawing increasing…
Taiwan Official Discusses US Energy Cooperation at Alaska
(Bloomberg) — Taiwan’s top presidential aide discussed energy cooperation with US officials at a summit this week in…
Stocks Climb After Jobs Report Amid US-China Hopes: Markets
(Bloomberg) — Stocks headed toward their highest since February and bond yields rose as jobs data allayed concerns…
US Oil Drillers See Sharp Decline in Activity
By Julianne Geiger – Jun 06, 2025, 12:18 PM CDT The total number of active drilling rigs for…
Transportation chief seeks to weaken fuel economy standards
Transportation Secretary Sean Duffy said in a rule Friday that Biden-era fuel economy standards for gas-powered cars and…
Reworked Petroleum Resource and Rent Tax raising $4 billion less than first thought
The tax on oil and gas profits is expected to raise $4 billion less than the government forecasted…
WA trade groups seek federal intervention to block state gas ban | Washington
(The Center Square) – Eight Washington state trade organizations, led by the Building Industry Association of Washington, are…
UK threatens to sue Russian billionaire Roman Abramovich over Chelsea sale funds – POLITICO
While the U.K. insisted that the money should support humanitarian efforts inside Ukraine, Abramovich suggested it would be…