CDN and International News

Auto Added by WPeMatico

Canada’s Alberta Eyes Investment in Japan’s Refining to Boost Oil Exports, Sources Say

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

(Reuters) – Canada’s main oil-producing province of Alberta is considering a financial investment in Japan’s refining sector, two sources familiar with the matter said, an attempt to reduce its overwhelming dependence on top trade partner the United States for oil exports. Alberta’s government is in early-stage talks with several Japanese crude oil refiners to explore …

Canada’s Alberta Eyes Investment in Japan’s Refining to Boost Oil Exports, Sources Say Read More »

Brokerages Cheer Cenovus’ C$7.9 Billion Deal for MEG Energy

CDN and International News, Energy Topics & Technology, Latest, Mergers and Acquisitions / By

(Reuters) – Brokerages welcome Cenovus Energy’s C$7.9 billion ($5.72 billion) cash-and-stock deal to acquire peer MEG Energy Gerdes Energy Research raises PT on CVE by C$2 to C$32, a premium of 51.2% to stock’s closing price on Friday The deal will give “an approximate 6% improvement in oil sands capital intensity,” Gerdes said Brokerage Desjardins …

Brokerages Cheer Cenovus’ C$7.9 Billion Deal for MEG Energy Read More »

Russian Oil Refineries, Terminals Burn as Ukraine Hits Putin’s War Economy

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

(Reuters) – Ukraine has stepped up drone attacks on Russian oil refineries and exporting infrastructure, striking the most important sector of President Vladimir Putin’s economy to show it can fight back as the United States seeks to broker a peace deal. The attacks disrupted Moscow’s oil processing and exports, created gasoline shortages in some parts …

Russian Oil Refineries, Terminals Burn as Ukraine Hits Putin’s War Economy Read More »

US VP Vance Says Russia Has Made Significant Concessions Toward Ukraine Peace Deal

CDN and International News, Latest, US News / By

U.S. Vice President JD Vance said Russia has made “significant concessions” toward a negotiated settlement in its war with Ukraine and was confident progress was being made despite the lack of clear signs the conflict is nearing an end. Speaking on NBC’s “Meet the Press with Kristen Welker”, Vance said Russian President Vladimir Putin has …

US VP Vance Says Russia Has Made Significant Concessions Toward Ukraine Peace Deal Read More »

CANADIAN MEGA DEAL – Cenovus Signs Cash-and-Stock Deal to Buy MEG Energy

CDN and International News, Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Mergers and Acquisitions, Oil / By

CALGARY – Cenovus Energy Inc. has signed a cash-and-stock deal to buy MEG Energy Corp. that values the company at CDN $7.9 billion, including debt. The deal comes after Strathcona Resources Ltd. made an unsolicited offer for MEG in June that the company urged shareholders to reject. MEG chairman James McFarland says the Cenovus deal …

CANADIAN MEGA DEAL – Cenovus Signs Cash-and-Stock Deal to Buy MEG Energy Read More »

Ukrainian Attack Suspends Russian Oil Flows to Hungary, Slovakia

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

  Summary Ukraine stepping up attacks on Russian energy infrastructure Unecha pumping station key part of Europe-bound Druzhba pipeline Russian regional governor says Unecha site catches fire as result of Ukrainian missile, drone attacks Oil flows could be halted for five days Hungary, Slovakia call on Europe to guarantee supply security KYIV/BUDAPEST, Aug 22 (Reuters) …

Ukrainian Attack Suspends Russian Oil Flows to Hungary, Slovakia Read More »

Ukrainian Man Arrested Over Nord Stream Pipeline Attacks

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

Summary No one has claimed responsibility for pipeline blasts Suspect used sailing yacht to carry out attack, prosecutors say Ukraine has previously denied involvement Pipelines carried Russian gas to Europe (Reuters) – A Ukrainian man was arrested in Italy suspected of coordinating the 2022 attacks on the Nord Stream pipelines, German prosecutors said on Thursday, …

Ukrainian Man Arrested Over Nord Stream Pipeline Attacks Read More »

Charted: Global Crude Oil Trade Flows in 2024 – Visual Capitalist

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

By Dorothy Neufeld | Graphics/Design: Joyce Ma Global Crude Oil Trade Flows in 2024 Key Takeaways China imported 11.1 million barrels of crude oil per day in 2024, with Russia standing as its largest supplier of oil. Meanwhile, the U.S. imported 6.6 million barrels per day (mb/d), with Canada accounting for 62% of the total. …

Charted: Global Crude Oil Trade Flows in 2024 – Visual Capitalist Read More »

Russia Expects India to Keep Buying Its Oil and Seeks China-India-Russia Talks

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

By Krishna N. Das and Aftab Ahmed Buying oil from Russia “very profitable” for India, Russian official says Hopes rise for trilateral talks with India, China Russia wants to forge a greater Eurasian partnership Russia see scope for LNG supplies to India NEW DELHI, Aug 20 (Reuters) – Russia expects to continue supplying oil to …

Russia Expects India to Keep Buying Its Oil and Seeks China-India-Russia Talks Read More »

Subscribe
Subscribe