Taiwan's state-owned energy company CPC Corp said it is not in talks for "specific" shale gas fields in the United States, but it does not rule out any prospective partners and will make the most favourable decision based on its own evaluations. CPC is in early stage discussions to buy shale-gas producing assets in the United States, three sources familiar with the matter told Reuters earlier this month, in a bid to secure natural gas supplies to fuel Taiwan's economy. In a statement late [Read more]
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Global investment in fusion energy rises the most since 2022
Global fusion energy investment grew by $2.64 billion in the year since last July, an industry group said in an annual industry survey on Monday, but companies said they need much more money to take the industry commercial. The investment rise took place in places including the United States, the EU, Japan, China and Britain and was the highest since 2022. Total funding since 2021 for the 53 fusion companies in the survey by the Washington-based Fusion Industry Association, is now nearly [Read more]
How geology can make Canada an energy superpower
Vast geological riches underpin Canada’s immense energy potential By Brad Hayes on July 21, 2025, 10:57 am MDT Geological core samples of bitumen resources located at the Alberta Energy Regulator’s Core Research Centre in Calgary. Photo courtesy AER We hear about Canada’s aspirations to become an “energy superpower” a lot these days. Easy to say, but what does it really mean? And if Canada can indeed become an energy superpower, how can we achieve that status? Energy is at the [Read more]
Strathcona Announces Q2 2025 Conference Call
CALGARY, AB, July 21, 2025 /PRNewswire/ - Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) will release its second quarter 2025 financial and operating results after market close on August 7, 2025. Strathcona will host a conference call on August 8, 2025, starting at 9:00AM MT (11:00AM ET), to review the Company's second quarter 2025 results. Date: Friday, August 8, 2025 Time: 11:00AM ET (9:00AM MT) URL Entry: To join without [Read more]
US natgas prices fall 6% to 1-week low on record output, lower demand forecasts
U.S. natural gas futures fell about 6% to a one-week low on Monday on record output, forecasts for less hot weather over the next two weeks, stagnant gas flows to liquefied natural gas export plants and ample amounts of gas in storage. Front-month gas futures for August delivery on the New York Mercantile Exchange fell 21.1 cents, or 5.9%, to $3.354 per million British thermal units at 10:03 a.m. EDT (1403 GMT), putting the contract on track for its lowest close since July 11. Looking [Read more]
Argo’s May 2025 Oil Production
Toronto, Ontario--(Newsfile Corp. - July 21, 2025) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") May 2025 oil production was a total of 2,725 barrels for the month, averaging 88 barrels per day. Oil prices averaged CDN $61.50 per barrel and Argo's May oil revenue was $167,534 and net operating cash flow was $84,600. May 2025 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash [Read more]
US not rushing trade deals ahead of August deadline, will talk with China, Bessent says
The Trump administration is more concerned with the quality of trade agreements rather than their timing, U.S. Treasury Secretary Scott Bessent said on Monday ahead of an Aug. 1 deadline for securing a trade deal or facing steep tariffs. "We're not going to rush for the sake of doing deals," Bessent told CNBC in an interview. Asked whether the deadline could be extended for countries engaged in productive talks with Washington, Bessent said U.S. President Donald Trump would [Read more]
Saudi Arabia crude exports hit three-month high in May
Saudi Arabia's crude oil exports in May rose to their highest in three months, data from the Joint Organizations Data Initiative (JODI) showed on Monday. Crude exports from the world's largest oil exporter rose to 6.191 million barrels per day (bpd) from 6.166 million bpd in April. Saudi's crude output for May was at 9.184 million bpd, up from 9.005 million bpd in April. Saudi refineries' crude throughput was at 2.721 million bpd, up 0.017 million bpd from April's 2.704 million bpd, the [Read more]
Asia’s LNG imports stay soft in July as Europe draws cargoes: Russell
Asia's run of subdued imports of liquefied natural gas (LNG) is set to extend for another month in July, with the top-importing region on track for a tiny increase from June. Asia's imports of the super-chilled fuel are estimated at 22.07 million metric tons in July, up from 21.80 million in June, according to data compiled by commodity analysts Kpler. On a per day basis July's figure is 722,000 tons, which is slightly down from 727,000 in June. The soft July imports continue a trend [Read more]
Oil prices little changed as investors eye impact of new sanctions on Russia
Oil prices barely budged on Monday as traders eyed the impact of new European sanctions on Russian oil supply, rising output from Middle East producers and concerns about fuel outlook as tariffs weighed on global economic growth. Brent crude futures rose 5 cents to $69.33 a barrel by 0040 GMT after settling 0.35% higher on Friday. U.S. West Texas Intermediate crude was at $67.36 a barrel, up 2 cents, following a 0.30% gain in the previous session. The European Union approved on Friday the [Read more]
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