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THE NEW ESG – For Energy, ESG Now Means Economics, Security and Geopolitics

Conventional Energy, Latest, Oil, US News / By

By Liam Denning Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column. Takeaways by Bloomberg AI The US has switched from being an effective underwriter of global energy security to disrupter, with President Donald Trump’s …

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Two Canada Oil Projects But Only One, Targeted “Oil Decarbonization” Requirement – Ron Wallace and Tammy Nemeth

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Offshore, Oil, Oilsands / By

    Ron Wallace and Tammy Nemeth “Investors can’t ignore the commercial constraints imposed by the MoU. My concern is that the MoU does not address the key federal barriers that preclude a free-market approach to the energy industry. Key federal barriers have become conditional, reversible, or deferred.”  Bryan Gould, Executive Chairman Aspenleaf Energy. As …

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Oil Set for Steepest Weekly Gain Since 2020 as Middle East Conflict Spreads

Conventional Energy, Latest, Oil, Tri-Pinned / By

Summary Brent, WTI trade at highest levels since 2024 Trump says he is unconcerned about rising gasoline prices Qatar’s energy minister says oil could reach $150 a barrel (Reuters) – Crude oil was set on Friday for its strongest ​weekly gain since the extreme volatility of the COVID‑19 pandemic in spring 2020, as conflict in …

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US Weighs Oil Futures Market Action to Combat Rising Energy Prices – WH Official

Conventional Energy, Latest, Oil, US News / By

(Reuters) – The U.S. Treasury Department is expected to announce measures as soon as Thursday aimed at combating rising energy prices, including potential action involving the oil futures market, a senior White House official said. The potential move would mark an unusual attempt by Washington to influence energy prices through financial markets, rather than physical …

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Trump On Rising Gas Prices During Iran Operation: ‘If They Rise, They Rise’

Conventional Energy, Energy Topics & Technology, Gasoline, Latest, Oil, US News / By

(Reuters) – President Donald Trump said on Thursday he was not concerned about rising U.S. gas prices driven by the widening Iran conflict, telling Reuters in an exclusive interview that the U.S. military operation was his priority. “I don’t have any concern about it,” he said, when asked about the higher prices at the pump. …

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Trump Tells Reuters US Should Have a Role in Choosing Iran’s Next Leader, Encourages Kurdish Opposition

CDN and International News, Latest / By

(Reuters) – U.S. President Donald Trump told Reuters on Thursday that he wants the United States to play a role in choosing Iran’s next leader and encouraged Kurdish opposition groups to go on the offensive. Trump said in a telephone interview it was very early in the process of picking a new leader but that …

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More Tankers Come Under Attack as US-Iran Conflict Spreads in the Region

Latest, US News / By

(Reuters) – More tankers came under attack in Gulf waters on Thursday as the U.S.–Iran war escalated, and Iranian drones entered Azerbaijan, threatening to spread the crisis to more oil producers in the region. A Bahamas-flagged crude oil tanker was targeted by an Iranian remote-controlled boat laden with explosives while anchored near Iraq’s Khor al …

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Global Economy Faces Inflation and Growth Test Amid Escalating Conflict in Iran – Goldman

CDN and International News, Latest / By

(Reuters) – A temporary surge in oil prices to $100 per barrel could slow global growth by 0.4 percentage point, Goldman Sachs analysts said on Thursday, as a widening conflict in Iran chokes off vital Middle East oil and gas flows. Under its baseline forecast, Goldman expects oil prices to increase a bit further before …

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Energy Dominance Won’t Stop US Fuel Costs Pushing Higher

Diesel Fuel, Energy Topics & Technology, Gasoline, Latest, US News / By

Being the world’s No. 1 driller isn’t enough to shield the country from the effects of the war. By Will Kubzansky The Iran war may be happening on the other side of the world, but US consumers are already starting to see the effects. Average gasoline prices jumped to $3.25 a gallon on Wednesday, according …

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Iran Could Disrupt the Strait of Hormuz With Drones for Months

CDN and International News, Latest / By

By Anna Hirtenstein, Andrew Mills and Jonathan Saul Iran’s drone production capacity is around 10,000 per month Iran’s missile stockpile estimates vary widely, affecting conflict duration Sea mines could prolong disruption in the Strait of Hormuz Drone attacks have penetrated Gulf states’ air defences March 4 (Reuters) – Iranian drone attacks could disrupt the Strait …

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