About 10.7 million barrels of Iranian crude exports crossed through the Strait of Hormuz and exited the area blockaded by the U.S. Navy between April 13 and 21, data analytics firm Vortexa said. * The shipments transited on six crude carriers that had their AIS data switched off. * A U.S. blockade of Iranian ports came into effect on April 13. The blockade, Vortexa said, "is not necessarily implemented close to Iranian ports nor within the Strait of Hormuz, but flexibly around an area [Read more]
Headlines
Iran tightens control of Hormuz after US calls off renewed attacks
Iran seized two ships in the Strait of Hormuz as it tightened its grip on the strategic waterway after U.S. President Donald Trump announced he was indefinitely calling off attacks, with no sign of peace talks restarting. The status of a two-week-old ceasefire, due to have expired earlier this week, remained unclear. In a sharp about-face hours after threatening renewed violence, Trump made what appeared to be a unilateral announcement on Tuesday that the U.S. would extend a ceasefire until [Read more]
China’s LNG imports plunge, helping Asia adjust to Iran war losses: Russell
Asia's imports of liquefied natural gas (LNG) are poised to drop to the lowest in nearly six years in April as the effective closure of the Strait of Hormuz cuts off cargoes from major supplier Qatar. Despite the loss of volumes it could be argued that Asia's LNG markets are being more successful in adjusting to the fallout from the U.S. and Israeli attacks on Iran than those for crude oil and refined products. This is largely being achieved through a combination of voluntary curtailment [Read more]
Strathcona Reports Voting Results from the 2026 Annual Meeting of Shareholders
CALGARY, AB, April 22, 2026 /CNW/ - Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) today reported its voting results from its annual meeting of shareholders held on April 22, 2026 (the "Meeting"). All matters presented at the Meeting were approved including the election of all nine nominees listed in the management information circular dated March 11, 2026. The complete results of voting for business considered at the Meeting are set out [Read more]
Lycos Energy Inc. Announces Initial Results from Moonshine Well, 2026 Capital Budget and Appointment to Board of Directors
Calgary, Alberta--(Newsfile Corp. - April 22, 2026) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to provide an operational update on its recently drilled Moonshine well in East Central Alberta and outline its 2026 capital budget. 2026 Capital Budget Lycos has approved 2026 capital expenditures(1) of $35 million to $40 million, focused on the continued development of its Mannville heavy oil assets in East Central, Alberta. The program is expected to support the [Read more]
US intercepts three Iranian oil tankers in Asian waters, sources say
The U.S. military has intercepted at least three Iranian-flagged tankers in Asian waters and is redirecting them away from their positions near India, Malaysia and Sri Lanka, shipping and security sources said on Wednesday. Washington has imposed a blockade on Iran's trade by sea while Iran has fired on ships to prevent them sailing through the Strait of Hormuz waterway at the entrance to the Middle East Gulf. Nearly two months after the U.S. and Israel began their war on Iran, there is [Read more]
Weatherford says oilfield activity in Mexico has normalized, company getting paid
U.S. oilfield services firm Weatherford International said on Wednesday that oilfield activity in Mexico has normalized and it was starting to get paid after a new financial mechanism helped raise funds for state-run energy company Pemex to pay its suppliers after long delays. Oilfield service companies had significantly reduced activities amid Pemex's accumulation of billions of dollars in pending payments to contractors and providers in recent years. A payment mechanism approved by the [Read more]
BP lockout at Indiana refinery stretches into second month as union talks stall
A lockout at BP's 440,000-barrel-per-day refinery in Whiting, Indiana, enters its second month as the British oil major and hundreds of union workers remain at odds. BP locked out about 800 workers represented by the United Steelworkers union on March 19, after months of negotiations failed to produce a new labor contract. The Whiting facility is the largest refinery in the Midwest and a major supplier of gasoline, diesel and jet fuel. It has continued to operate during the lockout after [Read more]
Nova Scotia Premier Tim Houston says fracking opponents are drowning out other voices
HALIFAX - Nova Scotia Premier Tim Houston says some opponents of fracking are drowning out voices who want to have a conversation and learn more about new fossil fuel production. Houston posted the comments on social media, along with a short video of a consultation session in Windsor, N.S., hosted by Dalhousie University on Monday evening. The provincial government kicked off the consultations more than a year after lifting a ban on fracking that was in place for over a decade. Houston [Read more]
US Supreme Court rejects Enbridge challenge to Michigan pipeline case
The U.S. Supreme Court on Wednesday rejected Enbridge's bid to change the venue of an environmental lawsuit by Michigan seeking to force the Canadian energy company to stop operating an oil pipeline between two of the Great Lakes. The justices unanimously ruled that Enbridge had waited too long to seek to move the lawsuit by Democratic Michigan Attorney General Dana Nessel from state court into federal court, a venue generally considered more friendly to defendants. Liberal Justice Sonia [Read more]
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