Venezuela needs to "completely rewire" its fiscal system to attract new investment, ConocoPhillips CEO Ryan Lance said on Tuesday at the CERAWeek conference in Houston, underscoring the challenges facing the country's oil industry in the wake of President Nicolas Maduro's capture in January. Lance called a reformed hydrocarbon law in the OPEC-member country "woefully inadequate" and said the country needed to guarantee contract durability to attract large-scale investment. Following the [Read more]
News
Energy shortages in Europe could hit by next month, warns Shell CEO
Energy shortages could hit Europe by next month, Shell CEO Wael Sawan said on Tuesday, adding that securing adequate energy supply was critical to national security. Countries cannot have national security without energy security, Sawan said, adding that Shell was trying to work with governments to help them address the energy crisis, including with storage and purchasing. The Middle East conflict, now in its fourth week, has already affected supplies of jet fuel, with diesel set to be next, [Read more]
Microsoft president says building data centres requires trust of US communities
Gaining the approval of local communities has become paramount to building data centers in the U.S., Microsoft President Brad Smith said on Tuesday, as towns across the country increasingly protest the developments. The rapid proliferation of Big Tech data centers is driving up the country's electricity demand and power bills, and drawing scrutiny from states and local communities. "You have to win over the local community and sustain their trust if you are going to build a (data center)," [Read more]
National Bank CEO urges Canada to move faster on priorities in ‘dangerous’ world
MONTREAL - The chief executive of National Bank of Canada says he's not changing the bank's strategy because of the war in the Middle East, but he is urging a faster response from Canada to rising threats abroad. Speaking at the bank's financial services conference in Montreal, Laurent Ferreira says the country should be moving quicker on reducing internal trade barriers and boosting energy supplies. He says Canada needs to look to export more liquefied natural gas westward and transport [Read more]
Traders bet $500 million on oil price just before Trump’s post on delay to Iran attack
Traders bet half a billion dollars on the price of crude only 15 minutes before U.S. President Donald Trump announced a five-day delay to attacks on Iran's energy infrastructure that sent the market plunging, exchange data and Reuters calculations showed. Having issued Iran with a Monday deadline to reopen the critical Strait of Hormuz or face its power plants being "obliterated", Trump's post on Truth Social at 1105 GMT on Monday unleashed a powerful selloff in oil and natural gas. Brent [Read more]
China is mapping the ocean floor as it prepares for submarine warfare with the U.S.
China is conducting a vast undersea mapping and monitoring operation across the Pacific, Indian and Arctic oceans, building detailed knowledge of marine conditions that naval experts say would be crucial for waging submarine warfare against the United States and its allies. In one example, the Dong Fang Hong 3, a research vessel operated by Ocean University of China, spent 2024 and 2025 sailing back and forth in the seas near Taiwan and the U.S. stronghold of Guam, and around strategic [Read more]
Source Rock Royalties announces 2025 annual & fourth quarter royalty production & revenue and sale of Crown mineral leases
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./ CALGARY, AB, March 24, 2026 /CNW/ -- Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties and Crown mineral leases, announces unaudited(1) operational and financial highlights for fiscal 2025 and the fourth quarter of 2025 ("Q4 2025"), and the sale of certain Crown mineral leases for cash proceeds and a gross [Read more]
Spartan Delta Corp. announces adoption of shareholder rights plan
CALGARY, AB, March 24, 2026 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX:SDE) announces that its board of directors has adopted a shareholder rights plan (the "Rights Plan") with Odyssey Trust Company as rights agent effective today. The Rights Plan is consistent with modern rights plans adopted by other Canadian public companies and has not been adopted in response to any specific proposal or intention to acquire control of Spartan. In the event of an unsolicited takeover [Read more]
Iran war deals harder blow to natural gas than oil: Maguire
At first glance, the Iran war appears to be hitting oil and gas with equal force, as missiles, drone strikes and shipping disruptions choke flows through the Strait of Hormuz. But beneath that surface symmetry lies a critical imbalance. The global gas supply chain has fewer rerouting options and less storage capacity than the oil market - making the fallout for gas consumers considerably more acute. Key gas infrastructure - liquefaction plants in particular - is more complex and expensive [Read more]
US to continue Iran strikes, pause applies only to energy sites, Semafor reports
The United States will continue its strikes on Iran, with the pause applying only to attacks on Tehran's energy sites, Semafor reported on Monday, citing a U.S. official, during what President Donald Trump has described as "productive" talks with unidentified Iranian officials. Earlier on Monday, Trump had postponed for five days a plan to hit Iran's power plants and energy infrastructure. Iran later denied that it had engaged in negotiations with the United States. "The stop on attacks [Read more]
- « Previous Page
- 1
- …
- 150
- 151
- 152
- 153
- 154
- …
- 3761
- Next Page »