The United Steelworkers said on Monday BP engaged in unfair labor practices by locking out nearly 800 workers at its Whiting, Indiana, oil refinery and urged the company to resume contract talks. "BP's decision to lock out these skilled workers is unacceptable and unlawful," said USW International President Roxanne Brown. The union said it remains ready to negotiate. Last week, the British oil major barred the workers from entering the facility, following months of stalled contract [Read more]
News
Iran war makes second phase of LNG Canada more likely, TC Energy CEO says
The disruption to global liquefied natural gas supplies caused by the Iran war makes it more likely that a second stage of Canada's massive LNG Canada facility will be built, the CEO of Canadian pipeline company TC Energy predicted in Houston on Monday. While just weeks ago, market-watchers were talking about a potential glut of LNG globally, the Iran war has underscored the value of LNG that can reach Asia directly without transiting the Strait of Hormuz, TC Energy CEO François Poirier said. [Read more]
Strengthening U.S. ties a top priority for Canada’s energy future
Even as Canada expands global energy markets, deep U.S. integration remains central to trade, security and growth By Grady Semmens on March 23, 2026, 12:36 pm MDT Pipes intended for construction of the Keystone XL pipeline are shown in Gascoyne, N.D. on Wednesday April 22, 2015. CP Images photo As Canada moves to diversify markets for its vast oil and gas resources, experts say one reality remains: the United States will continue to be its largest energy customer. Maintaining [Read more]
TOP WELL REPORT – February volumes – Oil and condensate results dominated by Whitecap Resources
Initial production data data is out for February. Alberta has reported oil, condensate, and gas; full Alberta NGL data including pentane and marketable gas is due in a couple of weeks, while Saskatchewan and BC data is due out soon. While the February data won’t be considered complete quite yet, it is nonetheless worthwhile to show the data as it stands today. Pentane volumes in Alberta will not be represented yet for February which may affect liquids results, and “gas equivalent” volumes will [Read more]
Shell concerned Iran war will impact long-term confidence in LNG supply
Shell is concerned that the Iran war could impact long-term confidence in the affordability and security of natural gas supplies, said the company's president of integrated gas, Cedric Cremers. "These geopolitical shocks...send the wrong signals to customers around the long-term fundamentals of gas," Cremers said at the CERAWeek conference in Houston. The conflict has removed nearly 20% of the world's energy including LNG from markets after the Strait of Hormuz was effectively closed. [Read more]
Oil execs warn of long-term damage from Iran war as US downplays crisis
Some of the world's top oil executives and energy ministers in Houston on Monday expressed growing concern over the long-term effects of the U.S.-Israel war with Iran on the global economy, while the U.S. Energy Secretary Chris Wright downplayed the crisis. The war has caused one of the biggest disruptions to energy supplies in history after Iran effectively closed the key Strait of Hormuz shipping route and as attacks in the Middle East inflict long-term damage on production infrastructure in [Read more]
Canada’s pipeline plan attracts Middle Eastern, Asian interest, Alberta premier says
Middle Eastern and Asian investors have expressed early-stage interest in a potential new crude oil pipeline in Canada and could become minority owners if such a project goes ahead, Alberta Premier Danielle Smith said on Monday. Alberta, Canada's main oil-producing province, has been exploring the feasibility of a new one-million-barrel-per-day crude oil pipeline to British Columbia's northwest coast to increase exports to Asia, but no private-sector company has committed to building a new [Read more]
Mideast situation shows need for energy diversification, says Cheniere CEO
The situation in the Middle East shows the need for diversity in energy supplies, Jack Fusco, CEO of Cheniere Energy, the nation's largest U.S. liquefied natural gas exporter, said on Monday in Houston. The U.S.-Israeli war on Iran has throttled energy exports from the Middle East Gulf's Strait of Hormuz, a key transit point for a fifth of the world's oil and gas supply. Oil and gas prices have soared, as it may be months before supply issues are fully solved. The company's CFO Zach Davis told [Read more]
Alberta to streamline major project approvals
To prevent unnecessary delays, Alberta’s government will bring forward legislation that, if passed, will set a 120-day approval timeline for major projects. On this page: Quick facts Related information Related news Major projects are on the horizon that will support Alberta in reaching its goals of doubling oil and gas production by 2035 and increasing market access. This accelerated process would improve coordination between government and [Read more]
Iran war disruption beyond 3-4 months poses systemic risk to global economy, Total CEO says
A disruption to global energy supplies from the U.S.-Israeli war on Iran lasting beyond three to four months would pose a systemic risk to the global economy, TotalEnergies CEO Patrick Pouyanne said on Monday. The disruption to global fuel supplies is worse than the disruption to crude oil supplies because it has been exacerbated by a Chinese export ban on products like diesel, gasoline and jet fuel, Pouyanne said at the CERAWeek energy conference in Houston. China banned the exports to [Read more]
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