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Cubans Fight Blackouts With Solar as US Extends Oil Chokehold

CDN and International News, Latest, Renewable Energy, Solar / By

By Anett Rios and Alien Fernandez HAVANA, Feb 20 (Reuters) – Cubans are scrambling to install solar panels on their homes, shops and vehicles to combat extended blackouts as Washington prevents oil shipments from reaching the Caribbean’s largest island, contributing to electricity generation shortfalls. U.S. sanctions and a deep economic crisis have for years made …

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Energy Transfer Terminates Offtake Agreements with Some Customers of Suspended Lake Charles LNG Project

CDN and International News, Latest, LNG, US News / By

Energy Transfer has terminated offtake agreements with some customers of its suspended Lake Charles liquefied natural gas project in Louisiana, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Here are some details: * “Several LNG offtake agreements have been terminated based on the nonsatisfaction of the condition related to making …

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Shell Says US General Licenses for Exploration in Venezuela Will Allow it to Progress with Dragon Natural Gas Project

CDN and International News, Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Natural Gas / By

By Curtis Williams and Shadia Nasralla US licenses enable Shell’s Dragon gas project progress Dragon project faced delays due to US policy shifts Shell aims to export gas via Atlantic LNG in Trinidad HOUSTON/LONDON, Feb 19 (Reuters) – General licenses for oil and gas exploration in Venezuela issued by the U.S. this month will allow …

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With Discovery of Secret Tunnel, Mexican Authorities Strike Blow Against Black-Market Fuel Trade

CDN and International News, Conventional Energy, Diesel Fuel, Energy Topics & Technology, Gasoline, Latest, Oil / By

A drone view shows a property seized by authorities, where the authorities say they discovered a sophisticated tunnel used for large‑scale fuel theft from Mexico’s state energy company Pemex and for storing drugs, in Sayula, Mexico, February 18, 2026. REUTERS/Luis Cortes TEPETITLAN, Mexico, Feb 19 (Reuters) – Mexican authorities raided a tunnel used to steal …

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What’s the Status of International Oil Companies in Venezuela?

CDN and International News, Conventional Energy, Latest, Oil / By

(Reuters) – Here are key facts about international oil companies in Venezuela, a country with vast oil reserves but dilapidated energy infrastructure. In the 2000s, then President Hugo Chávez expropriated assets from several foreign oil companies, strengthening state-owned PDVSA’s control over the country’s oilfields. After capturing President Nicolas Maduro in January, the United States eased …

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IEA Meeting Ends Without Unity as US Pushes to Scrap Net Zero

CDN and International News, Energy Topics & Technology, Environment, Latest, Net Zero / By

By Grant Smith and Nayla Razzouk The conflicting positions of US President Donald Trump and major European governments came to the fore at a meeting of the west’s most important energy forecaster. For the first time in nine years, the International Energy Agency — created by developed nations in the 1970s to oversee energy security …

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IEA Director Says Oil Demand Growth Under 1 mln bpd, Expects Substantial Surplus

CDN and International News, Conventional Energy, Latest, Oil / By

(Reuters) – International Energy Agency Director Fatih Birol said on Thursday that oil demand growth is less than one million barrels per day and that a substantial surplus was expected. He said that it is up to OPEC+ countries to decide what they are going to do “but given the demand being less than one …

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Saudi Arabia Crude Exports Fall to Three Month Low in December

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

(Reuters) – Crude oil exports from the world’s largest oil exporter fell to 6.988 million barrels per day, down from 7.378 million bpd in November and its lowest since September, data from the Joint Organizations Data Initiative showed on Thursday. Saudi Arabia’s crude output stood at about 10.084 million bpd in December, its highest since …

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Canada’s Cenovus Beats Fourth-Quarter Profit Estimates on Higher Production

CDN and International News, Latest / By

By Reuters Cenovus Energy  surpassed market estimates for fourth-quarter adjusted profit on Thursday, helped by higher upstream production. Canadian oil sands producers, including Cenovus, have remained resilient amid a global oil industry downturn, supported by years of investment that have made them among North America’s lowest-cost producers. The country’s oil producers are also gaining from the expanded Trans Mountain …

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Newfoundland and Labrador Leads Canada in Boosting Exports to Countries Other Than U.S.

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

Most of the growth came from shipping crude oil to Europe. By Gary Kean Newfoundland and Labrador outpaced other provinces in sending a larger share of exports to non-U.S. markets in 2025. However, that does not mean it has diversified trading partners. According to a recent TD Economics report on the shifting nature of goods …

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