HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE:CVX) today announced leadership updates that reflect the company’s continued focus on strong operational performance and safety. Chevron has appointed Daniel Woodall as Chief Health, Safety and Environment (HSE) Officer, effective May 1, 2026. In this role, Woodall, 49, will lead Chevron’s enterprise-wide strategy to protect people, communities and the environment while supporting safe and reliable operations across the global [Read more]
Headlines
Unlike 2022, central banks to diverge if energy shock deepens: McGeever
The last time the world faced a sudden surge in inflationary pressures from a severe supply shock and spiking energy prices, in 2021-22, major central banks responded in unison. That's unlikely to happen this time around. Five years ago, pandemic-related supply disruptions kicked off a unified - if belated - interest rate-hiking cycle among the world's biggest central banks that sped up in the face of sky-rocketing energy prices triggered by Russia's invasion of Ukraine in February, [Read more]
Suncor Energy increases shareholder returns, publishes 2026 Investor Day presentation; files contingent resources report
All financial figures are in Canadian dollars, unless noted otherwise. Calgary, Alberta--(Newsfile Corp. - March 31, 2026) - Suncor Energy (TSX: SU) (NYSE: SU) published its 2026 Investor Day presentation which outlines a new 3-year improvement plan. As a result, Suncor is increasing its annual share repurchases by over 20% to a revised projection of $4B for 2026. Investor Day Highlights: $2 billion increase in normalized free funds flow by 2028 US$5 per barrel reduction in [Read more]
Suncor raises 2026 buyback plan to $2.87 billion
Canadian oil sands producer Suncor Energy on Tuesday announced a more than 20% increase in its annual share repurchase plan to C$4 billion ($2.87 billion) for 2026. It also estimated roughly 400,000 barrels per day of future production capacity at an average cost of C$30,000 per flowing barrel. The company said it expects upstream production to grow by about 100,000 barrels per day by 2028 and plans to lift refining network nameplate capacity by 10% to 511,000 barrels per [Read more]
Hegseth: more vessels are flowing through the Strait of Hormuz
More vessels are flowing through the Strait of Hormuz, U.S. Defense Secretary Pete Hegseth told a briefing on Tuesday. "There are countries around the world who ought to be prepared to step up on this critical waterway as well," he told reporters. (Reporting by Phil Stewart, writing by Michelle Nichols, editing by David Ljunggren) [Read more]
Alliance Pipeline announces a binding open season for firm service in Alberta’s Industrial Heartland
CALGARY, AB: (March 2, 2026) Alliance Pipeline Limited Partnership (“Alliance”), fully owned and operated by Pembina Pipeline Corporation, announced today a binding open season (“Open Season”) for expansion capacity commitments of up to 350 mmcf/d of incremental natural gas delivery in Alberta’s Industrial Heartland (“Firm Heartland Service”) that will remain open until April 20, 2026. The Open Season is on the Canadian segment of the Alliance system in northwest Alberta for the Firm [Read more]
Old men and cell phones – three won’t-lose lions race to master drones and rule the world
Long in tooth and soul Longing for another win Lurch into the fray Weapon out and belly in - Invincible by Tool (similarly for quote at bottom) I slept through history class as often as possible, though in hindsight I can see value in knowing some of that stuff. My rebellion was mainly against being tested on persnickety elements like exact dates of major events rather than the overall meaning in the context of the time. In defense of my teachers, maybe they did cover exactly that, but [Read more]
Trump urges countries to go to Strait of Hormuz and ‘just take it’
President Donald Trump on Tuesday urged countries that did not help in the U.S.-Israeli strikes on Iran to buy American oil and go to the Strait of Hormuz and "just TAKE it." Trump singled out Britain and France as unhelpful in the month-long war that has roiled global markets, driven up energy prices and seen Iran effectively close oil tanker traffic through the Strait. "All of those countries that can’t get jet fuel because of the Strait of Hormuz, like the United Kingdom, which refused [Read more]
Women across Canada demand decisive changes to energy policy, as oil prices and supply capture global attention
Survey results reveal engaged women see Canada's natural resources as a strategic global asset, wanting to keep ties with the U.S. while aggressively expanding export routes. CALGARY, AB, March 31, 2026 /CNW/ - Today, Canada Powered by Women (CPW) released new national research revealing that engaged women in Canada are urgently calling for decisive government leadership on energy and economic policy. Amid affordability pressures at home and concern for Canada's prosperity, [Read more]
EU tells members to prepare for ‘prolonged disruption’ to energy markets from Iran war
European Union governments should prepare for a "prolonged disruption" to energy markets as a result of the Iran war, the bloc's energy chief has told countries' ministers ahead of an emergency meeting on Tuesday. In a letter to energy ministers, dated March 30 and seen by Reuters, EU Energy Commissioner Dan Jorgensen said governments were "encouraged to make timely preparations in anticipation of a potentially prolonged disruption". Europe's heavy reliance on imported fuel means the [Read more]
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