U.S. Treasury Secretary Scott Bessent said on Monday that the global oil market is well supplied, with more boats traveling through the Strait of Hormuz. "Over time, the U.S. is going to retake control of the Straits and there will be freedom of navigation, whether it is through U.S. escorts or a multinational escort," Bessent said in an interview with Fox News Channel's "Fox & Friends." (Reporting by David Lawder, Susan Heavey, Doina Chiacu; Editing by David Ljunggren) [Read more]
Headlines
March 25th Alberta Crown Land Sale totals $12.9 MM – StackDX Intel
The Alberta Government brought in $12.9 MM on its March 25th Crown land sale. In total, 29,435.76 hectares were sold at an average price of $438.67/ha. Click here to see the full land sale results on StackDX Intel (go to LAND –> Land results –> +). Click here for more details on the StackDX suite of software solutions for oil & gas data, including client testimonials and case studies. [Read more]
Keyera Provides Update on Timing of Acquisition of Plains’ Canadian NGL Business
CALGARY, AB, March 30, 2026 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera" or the "Company") today provided an update on the expected timing surrounding its previously announced acquisition of Plains' Canadian natural gas liquids business. The Transaction continues to advance through the regulatory process, but the transaction is no longer expected to close by around the end of the first quarter of 2026 as previously anticipated. Based on the current status of the [Read more]
Trump again warns Iran to open Strait of Hormuz
President Donald Trump said on Monday the United States was in talks with a "more reasonable regime" to end the war in Iran but repeated his warning to Tehran to open the Strait of Hormuz or risk U.S attacks on its oil wells and power plants. "Great progress has been made but, if for any reason a deal is not shortly reached, which it probably will be, and if the Hormuz Strait is not immediately 'Open for Business,' we will conclude our lovely 'stay' in Iran by blowing up and completely [Read more]
A riskier Mideast will drive Big Oil toward new frontiers: Bousso
Oil companies will have to look further afield for new fossil fuel resources now that the Iran war has dented the investment allure of the energy-rich Middle East. Higher oil prices will give them that chance. Major international oil companies, including Exxon Mobil, Chevron, TotalEnergies, Shell and BP, have long been drawn to the Middle East by its vast resources, stable fiscal terms and, until recently, relative political stability. The region accounts for roughly a fifth of global oil and [Read more]
Coelacanth Energy Inc. Provides Operations Update
Calgary, Alberta--(Newsfile Corp. - March 30, 2026) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to provide the following update: Coelacanth is currently producing approximately 8,000 boe/d (31% oil and liquids) excluding an additional 1,600 boe/d that is currently shut in but will be back on production before the end of April 2026. The ramp up of production has taken longer than anticipated due to a higher than expected initial amount of frac flowback water [Read more]
Fed’s faith in anchored inflation expectations may be coming under stress
Federal Reserve officials eager to keep inflation psychology in check and maintain control over prices face a challenge as household expectations rise alongside the cost of gasoline and doubt edges into bond markets in the form of rising yields on U.S. Treasury securities. Until the U.S.-Israeli war with Iran pushed the price of oil up more than 50% over four weeks, U.S. central bankers were largely comfortable that public inflation expectations, particularly those regarding the longer-term [Read more]
Crude oil and LNG supply are at risk of the worst-possible scenario: Russell
A month after U.S. and Israeli strikes on Iran, global markets for the supply of crude oil, refined products and liquefied natural gas are already in the second-worst possible scenario. Everything hinges on the Strait of Hormuz. This chokepoint, which normally carries around 20% of global crude, products and LNG, is still effectively closed to most shipping, leaving energy markets dangerously exposed. Under those conditions, claims by Washington or Israel that they are somehow winning the [Read more]
‘Massive operation’: Canadian driller, shipper enlisted to help tap Greenland oil
CALGARY - The promotional video shows a small creek trickling through a mossy patch in an otherwise brown, barren landscape, icebergs looming just offshore. A petroleum engineer dips a hand into the stream, then takes a sniff. "It smells like crude oil," he says, grinning at the camera. A small group of contractors and engineers were filmed as they joined veteran U.S. oilman Robert Price on a visit to Jameson Land, a remote peninsula about halfway up Greenland's eastern coast. The [Read more]
Some trades ahead of Trump policy moves raise questions
Some of U.S. President Donald Trump's major policy decisions have been preceded by well-timed bets, leading some experts to raise questions about whether information had somehow leaked ahead of time. Here is a list. March 23, 2026 - IRAN ATTACK PAUSE: An unidentified trader or traders bet $500 million on Brent and WTI crude futures in a one-minute period shortly before Trump announced a five-day delay to attacks on Iran's energy infrastructure, after which oil prices crashed 15%, exchange [Read more]
- « Previous Page
- 1
- …
- 192
- 193
- 194
- 195
- 196
- …
- 3811
- Next Page »