Focus on Oil
Seasonal US fuel demand hits pandemic lows, weighs on refining margins
U.S. gasoline and diesel demand are at their weakest seasonal level since the 2020 coronavirus pandemic, according to data from the Energy Information...
Suncor leasing oil tanker ships to carry crude from Trans Mountain pipeline expansion
Suncor Energy Inc. says it is leasing and operating a number of Aframax oil tanker ships to carry crude from the recently completed...
MEG Energy says Trans Mountain expansion will boost Canadian oil prices ‘for years’
Intermediate oilsands producer MEG Energy Corp. expects the recently completed Trans Mountain pipeline expansion will boost Canadian oil prices for years to come.
Alberta oil and gas company fined for violating methane rules
The Alberta Energy Regulator has fined a Calgary-based junior oil and gas producer for failing to meet its fugitive emission and methane reporting...
Crescent Point Energy selling $600M of assets to Saturn Oil & Gas
Crescent Point Energy says it has signed a $600-million deal to sell some of its oil-producing properties in Saskatchewan to Saturn Oil &...
US power and natgas prices turn negative in Texas, California and Arizona
US spot power and natgas prices turned negative in Texas, California and Arizona as pipeline maintenance trapped gas in the Permian Shale
Saudi Aramco maintains $31 billion dividend despite lower Q1 net income
Aramco expects to pay $31bn in dividends to the Saudi government and its shareholders despite reporting lower earnings for Q1 on Tuesday
