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NO PATHWAYS, NO PIPELINE: How the Massive Canadian Carbon Storage Project Would Work, if Built

There’s no pipeline without Pathways and no Pathways without a pipeline. That was the quid pro quo spelled out in a sweeping energy accord signed between Alberta and Ottawa in November. Alberta is spearheading early planning and regulatory work on a potential new one-million-barrel-a-day pipeline to the West Coast that would provide an outlet for …

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Iran Would Open Strait of Hormuz 30 Days After Peace Deal – Source

(Reuters) – The U.S. and Iran are discussing a plan to open the Strait of Hormuz about 30 days after the two countries reach a deal to end hostilities, the Nikkei newspaper reported on Monday citing a Middle East diplomatic source. Iran would proceed to clear mines from the strait during a 30-day window following …

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PEACE IN PERIL: Global Oil Price Gains 2% as US Military Strikes on Iran Add to Peace Deal Uncertainty

Summary Brent rises, WTI falls owning to settlement price mismatch US Secretary of State says negotiating deal could ‘take a few days’ Some oil, LNG tankers have passed through strait in recent days, shipping data shows (Reuters) – Brent ​crude oil rose more than 2% on Tuesday after the U.S. military carried out strikes in Iran, …

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Iran Would Open Strait of Hormuz 30 Days After Peace Deal, Nikkei Reports Citing Source

(Reuters) – The U.S. and Iran are discussing a plan to open the Strait of Hormuz about 30 days after the two countries reach a deal to end hostilities, the Nikkei newspaper reported on Monday citing a Middle East diplomatic source. Iran would proceed to clear mines from the strait during a 30-day window following …

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Oil and LNG Tankers Exit Hormuz, Heading for Pakistan and China

Summary LNG tankers Fuwairit, Al Rayyan and Al Hamra cross strait VLCC Eagle Verona heads for China with Iraqi Basrah crude (Reuters) – Ship-tracking data showed three ​liquefied natural gas tankers passed through the Strait of Hormuz in recent days, heading to Pakistan, ‌China and India, as well as a supertanker with Iraqi crude for …

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Oil Slips to Two-Week Low as US and Iran Seen Moving Closer to Deal

Summary Washington cites progress in Iran conflict resolution Trump says there is no rush for Iran deal, US blockade stays Two LNG, one crude tanker cross Strait ​in recent days, shipping data show (Reuters) – Oil prices fell more than 4% to two-week lows ‌on Monday as optimism grew that the United States and Iran …

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U.S. Oil Operators in North Dakota Cautious on Drilling Despite Price Rise

(Reuters) – U.S. oil operators in North Dakota are moving cautiously on ramping up drilling despite a sharp rise in oil prices driven by the Iran war, as companies wait to see if higher prices will last long enough to justify new investment, the state’s regulator said on Friday. While elevated prices have improved near-term …

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Devon’s Permian Purchase to Extend Drilling Inventory, Cement Top Spot

(Reuters) – U.S. shale producer Devon Energy’s $2.6 billion purchase of new acreage in the Delaware Basin will extend its drilling runway and reinforce its position as the region’s top producer, analysts said on Friday. Devon bought 16,300 net undeveloped acres in a federal lease sale this week in the Delaware part of the broader …

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