Conventional Energy

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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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Europe Faces Gas Storage Scramble as Iran Conflict Tightens Supply

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

By Nora Buli Europe’s gas storage at 5-year low Refilling will require extra 180 LNG cargoes y/y Iran conflict cuts supply, lift prices European benchmark gas at highest since early 2023 OSLO, March 5 (Reuters) – Europe’s already huge task of refilling gas storage for next winter has suddenly become far riskier and far more …

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India Seeks US Marine Cover for Middle East Energy Cargoes, Source Says

Conventional Energy, Latest, Oil, US News / By

(Reuters) – India is in talks with the United States to secure marine cover for vessels shipping oil from the Middle East, as New Delhi seeks ​to shield buyers from potential supply disruptions caused by the crisis in the Gulf, a ‌government official said on Thursday. “So far we are comfortable,” the official, who did …

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US Diesel Hits $4 Per Gallon as Fuel Costs Rise Amid Escalating Middle East Conflict

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

Reuters  Average U.S. retail diesel prices surpassed $4 a gallon for the first time in nearly two years on Wednesday and are set to rise further later in the week as the U.S.-Israel conflict with Iran dragged on, threatening to hit consumers with sticker shocks on everything from food to furniture. Prices for diesel, used …

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Americas Heavy Crude Prices Hit Multi-Year Highs as Iran Conflict Disrupts Oil Markets

Conventional Energy, Energy Topics & Technology, Latest, Oil, Oilsands, Tri-Pinned, US News / By

Prices for heavy crude produced in the Americas surged to multi-year highs on Wednesday, as the U.S.-Israeli attacks on Iran stymied exports of similar oil produced in the Middle East. Benchmark crude oil prices have surged since the initial attacks last week, with Brent crude at its highest levels since January 2025. Iran has threatened …

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NO TAKERS: Oil Companies Shun Trump Administration’s Alaska Offshore Auction

Conventional Energy, Energy Topics & Technology, Latest, Offshore, Oil, Pinned Primary, US News / By

(Reuters) – Oil and gas drillers failed to show up at the Trump administration’s sale of more than 1 million acres (404,686 hectares) in Alaska’s Cook Inlet on Wednesday, declining to submit even a single bid. The sale was the first of six Alaska offshore oil and gas auctions mandated through 2032 by U.S. President …

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