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Brent physical, paper prices slip further as Hormuz flows rise, traders say
12+ hour, 33+ min ago (352+ words) June 19, 20267: 15 AM Reuters0 Comments U. S. Vice President JD Vance said on Thursday that 12. 5 million barrels of oil flowed through the strait after the U. S. and Iran signed an interim deal to end their war. The strait, which carried up to 20 million barrels per…...
Iran says it will waive fees for Hormuz during 60 day negotiation period
14+ hour, 44+ min ago (126+ words) BOE Report Iran's Strait of Hormuz body said on Friday it would waive planned fees to use the strait during a 60-day negotiation period under the memorandum of understanding signed with the United States this week. Ships seeking passage through…...
Suncor says fire that occurred at its Sarnia site has been extinguished
7+ hour, 5+ min ago (31+ words) BOE Report June 19, 202612: 31 PM Reuters0 Comments (Reporting by Anjana Anil in Bengaluru, Editing by Franklin Paul)...
Asia spot LNG at four-month low as Hormuz flows restart, upside risk remains
13+ hour ago (226+ words) June 19, 20267: 11 AM Reuters0 Comments The average LNG price for August delivery into northeast Asia was estimated at $15. 30 per million British thermal units (mm Btu), its lowest since late February and down from $19. 15/mm Btu last week. "The market is pricing in…...
North Dakota's oil output expected to be steady despite price drop, state regulator says
1+ day, 5+ hour ago (188+ words) June 18, 20261: 33 PM Reuters0 Comments Oil prices fell on Thursday to their lowest since the first trading day of the Iran war in March. U. S. West Texas Intermediate later pared losses to settle down 0. 3% at $76. 60 a barrel. Two operators have indicated they will…...
Iran deal redraws the Middle East: Iran gains, rivals alarmed
1+ day, 8+ hour ago (830+ words) June 18, 202611: 01 AM Reuters0 Comments But for Tehran's adversaries across the Middle East " from Israel to Gulf states and factions in Lebanon " it looks more like the curse of the century: an accord that could leave Iran more secure, more legitimate and…...
While Trump hails Gulf oil flowing, Iran's fleet also gearing up to boost exports
2+ day, 10+ hour ago (588+ words) June 17, 20269: 17 AM Reuters0 Comments At least three tankers carrying some five million barrels of Iranian oil have sailed through the U. S. naval blockade this week, shipping data shows, despite the U. S. military saying its operations against Iran-linked shipping will stay in place until…...
When the Grid Ends, the Job Doesn't Have To: How Alberta producers are solving the off-grid power problem without slowing down development.
3+ day, 8+ hour ago (350+ words) June 17, 20265: 55 AM Sponsored Content A Common Problem, Often Underestimated The challenge? There was no viable utility power source close enough to the location. Running lines from the nearest grid connection wasn't economically practical, a scenario that surfaces more often than…...
IEA sees significant 2027 oil surplus after Hormuz recovery
2+ day, 12+ hour ago (605+ words) June 17, 20263: 30 AM Reuters0 Comments The U. S. has announced an interim agreement to end the Iran war, which includes Iran reopening the strait and the U. S. lifting its naval blockade of Iran, potentially bringing an end to the largest oil supply disruption in history....
Hanwha Ocean Signs Strategic Memorandum of Understanding with Kanata Clean Power for Proposed Floating LNG Project in Canada
3+ day, 7+ hour ago (217+ words) June 16, 202611: 50 AM CNW Kanata estimates total capital expenditures for the project at approximately US$15. 7 billion, subject to final engineering, commercial arrangements and regulatory approvals. Under the terms of the MOU, Hanwha Ocean and Kanata intend to explore potential opportunities for…...