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September 15, 2025 The Rt. Hon. Mark Carney, PC, MP Dear Prime Minister of Canada Six months have passed since the first “Build Canada Now” letter was sent to you and the leaders of Canada’s other political parties outlining an action plan to unlock Canada’s world class oil and natural gas resources to strengthen Canada’s …
(Reuters) – The European Commission will propose speeding up the phase-out of Russian fossil imports, the European Union executive’s head Ursula von der Leyen said on Tuesday after a call with U.S. President Donald Trump. Von der Leyen said that she had a call with Trump on strengthening joint efforts to increase economic pressure on …
EU to Propose Faster Phase-Out of Russian Energy, Von Der Leyen Says Read More »
By Ahmad Ghaddar LONDON, Sept 16 (Reuters) – OPEC+ delegates are planning to meet in Vienna on Thursday and Friday to discuss the methodology for assessing maximum production capacities for the 22-member producer group, two delegates told Reuters on Tuesday. The issue is contentious because some members such as the United Arab Emirates have increased …
OPEC+ Officials to Discuss Production Capacity in Vienna, Sources Say Read More »
Plains All American’s crude oil pipelines linking the Permian shale basin to the Corpus Christi export hub are facing quality issues related to high mercaptans, or naturally-occurring sulfur compounds, according to sources familiar with the matter and a notice seen by Reuters. Plains in recent days has sent notices to shippers that it will begin …
Plains All American’s Permian Pipelines Facing Quality Issues Read More »
(Reuters) – The natural rate of decline in output from the world’s oil and gas fields is speeding up, owing to more reliance on shale and deep offshore resources, the International Energy Agency said on Tuesday. That means companies will need to step up the pace of investment just to keep output flat. The report …
Summary Russia oil supplies in focus after drone attacks Markets eye Fed meeting for clues on macroeconomy Analysts expect US crude inventory declines last week (Reuters) – Oil prices held steady on Tuesday as markets weighed potential supply disruption from Russia after Ukrainian drone attacks on its refineries and the prospect of a U.S. central …
Oil Steadies as Market Weighs Russia Supply Risk and US Rate Decision Read More »
(Reuters) – California lawmakers passed a bill over the weekend that would allow the construction of thousands of new oil wells annually in the Golden State in a bid to make oil supply more affordable for refineries and keep fuel prices in check for consumers. The new bill, SB 237, would award the oil-rich Kern …
California Lawmakers Pass Bill to Boost Oil Production Read More »
(Reuters) – U.S energy firm Chord Energy said on Monday it would buy assets in the Williston Basin from Exxon Mobil’s unit XTO Energy for $550 million. The Williston Basin is located in parts of North Dakota, Montana and Canada, and is a major U.S. shale oil and gas region centered by the Bakken formation. The …
Chord Energy to Buy Assets in Williston Basin for $550 Million Read More »
(Reuters) – U.S. Treasury Secretary Scott Bessent said on Monday that the Trump administration would not impose additional tariffs on Chinese goods to halt China’s purchases of Russian oil unless European countries hit China and India with steep duties of their own. Bessent told Reuters and Bloomberg in a joint interview that European countries needed …
Bessent Says US Won’t Hit China With Tariffs Over Russian Oil Unless Europe Goes First Read More »
(Reuters) – Mexico launched on Monday a three-tranche bond issue for up to 5 billion euros ($5.88 billion) to partially finance a $9.9 billion bond buyback from state-run oil company Pemex, LSEG’s fixed-income news service IFR reported. The issue consists of four-year bonds for up to 2.25 billion euros, eight-year bonds for 1.5 billion euros, …
Mexico Launches 5-Billion-Euro Bond Issue to Partially Fund Pemex Bond Buyback Read More »
