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US Energy Chief Says Saudi Arabia Oil Pipeline Should Be Back Online Within Days

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

(Reuters) – Crude oil should be flowing through Saudi Arabia’s vital East-West Pipeline within days, U.S. Energy Secretary Chris Wright told CNBC on Tuesday, after the kingdom was forced to temporarily close it following attacks by Iran-aligned groups. “It’s still a detailed assessment, but I think it will be measured in days,” Wright said on …

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Argentina Escalates Legal Push Against Falklands Oil Exploration Firms

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

(Reuters) – Argentina will file new legal complaints against companies exploring for oil near the Falkland Islands, the government said on Tuesday, escalating Buenos Aires’ campaign against businesses operating in the British overseas territory. The move is part of a broader push by President Javier Milei’s government, which is also preparing legislation this week to …

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Oil Loadings Suspended at Saudi’s Red Sea Port of Yanbu, Shipping Sources Say

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(Reuters) – Oil loadings at Saudi Arabia’s Red Sea port of Yanbu have been suspended, days after the world’s biggest crude exporter closed its East-West pipeline due to an attack by Yemen’s Iran-aligned Houthis, shipping industry sources said on Tuesday. Saudi Aramco, which has increased use of the Yanbu terminal since the U.S. war with …

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Hormuz Crisis Will End Soon, Oman LNG Chief Exec Says

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(Reuters) – The crisis around the Strait of Hormuz will end soon, the chief executive of Oman LNG said on Tuesday. The Hormuz crisis will not change the company’s long term plans, Hamed Al Naamany told an industry forum in Bangkok. “We have already been planning to produce more, we’ve been working on it for …

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Carney Pitches Canada as the G7’s Best Place to Invest, Targets $1 Trillion Over Five Years: “We’re Just Getting Started” – Speech Highlights Here

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EnergyNow Media Prime Minister Mark Carney used his keynote address at the Canada Investment Summit in Toronto on Tuesday to declare that Canada intends to become the most attractive investment destination in the G7. Carney set an ambitious national target: attracting and catalyzing $1 trillion in investment over the next five years across energy, transportation, …

Carney Pitches Canada as the G7’s Best Place to Invest, Targets $1 Trillion Over Five Years: “We’re Just Getting Started” – Speech Highlights Here Read More »

Oil Pipe Bypassing Hormuz to Reopen ‘Soon,’ US Energy Chief Says

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By Ari Natter and Annmarie Hordern A critical Saudi oil pipeline should be back online “soon” following it’s closure late last week after coming under attack, Energy Secretary Chris Wright said Monday. “I think you’ll see that pipeline running back soon,” Wright said in an interview on Bloomberg Television. They’ve been very carefully assessing what …

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ADNOC Trading Buys Millions of Barrels of Iraqi Crude, Sources Say

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By Nidhi Verma and Ahmed Rasheed ADNOC trading arm buys Iraqi crude at discounts, sources say ADNOC agrees to buy 72 million barrels for Aug-Sept, source says Other companies also buy crude from Iraq NEW DELHI/BAGHDAD, Sept 15 (Reuters) – Abu Dhabi National Oil Co (ADNOC) has bought millions of ​barrels of discounted crude from …

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Kremlin Welcomes Trump’s Idea of Energy Truce With Ukraine, Calls for Sanctions Removal

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  Summary Kremlin: says sanctions energy exports should be lifted Russia says Ukraine is not ensuring tanker safety Zelenskiy backs the idea if Russia is serious about peace talks (Reuters) – The Kremlin said ​on Tuesday it welcomed a U.S. proposal for a Russia-Ukraine moratorium on attacking each other’s ‌energy infrastructure, while saying it was …

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BP Conducts Planned Operational Activities at 440,000-bpd Whiting Refinery

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(Reuters) – Bp is conducting planned operational activities at 440,000-bpd whiting refinery over the next several days, the company said. “We expect these activities to include planned flaring that may be visible or audible to those nearby the refinery over this period,” the company said in a social media post. Reporting by Nicole Jao in …

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Oil Stocks in US Strategic Petroleum Reserve Fall to Lowest Level Since 1982

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(Reuters) – Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell to 285 million barrels last week, the lowest level since November 1982, according to data from the Department of Energy. The drawdowns are part of a U.S. agreement to release 172 million barrels from the facility. Reporting by Anjana Anil in Bengaluru …

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