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Core Differences Between West Texas Intermediate (WTI) and Brent Crude and the Affect of the Iran War
6+ hour, 10+ min ago (82+ words) Understanding the relationship between West Texas Intermediate (WTI) and Brent Crude is essential for navigating energy markets. These two benchmarks represent different regions, qualities, and logistical realities, and their price difference'the'Brent-WTI spread'serves as a vital indicator of global energy health....
Halliburton Beats Profit Estimates on Oilfield Services Demand in Latin America, Europe
7+ hour, 13+ min ago (277+ words) (Reuters) " Halliburton "beat Wall Street estimates for first-quarter profit on Tuesday, as steady demand in Latin America "and Europe helped offset a slowdown in activity in "the Middle East due to the Iran war. Revenue in the U. S. oilfield services provider's…...
Trump Presses Iran to Make "Meaningful" Deal, Appears to Set 10-Day Deadline
14+ hour, 38+ min ago (612+ words) (Reuters) " President Donald Trump warned Iran on Thursday that it must reach a deal over its nuclear program or "bad things" will happen, and appeared to set a 10-day deadline before the U. S. might take action. Amid a massive U. S. military buildup…...
Iran Has Laid About a Dozen Mines in Strait of Hormuz, Sources Say
9+ hour, 46+ min ago (279+ words) (Reuters) " Iran has deployed about a dozen mines in the Strait of Hormuz, two sources familiar with the matter said, in a move likely to complicate the reopening of the narrow waterway, an important route for shipping oil and liquefied…...
Oil Settles up Nearly 5% as Supply Fears Mount Despite Record Stocks Release Plan
15+ hour, 1+ min ago (544+ words) (Reuters) " Oil prices settled "up nearly 5% on Wednesday as fresh attacks on ships in the Strait of Hormuz worsened supply disruption fears, and analysts "said the International Energy Agency's proposal for a record release of oil reserves is inadequate to…...
Carney's Climate Plan at Risk as Canadian Oil Companies Push Back and Stress Need to Boost Production
1+ day, 8+ hour ago (451+ words) Carney climate plan at risk as Canadian oil companies stress need to boost production A key plank of Canadian Prime Minister Mark Carney's climate plan will likely miss its target implementation date, industry sources said, raising new doubts about Canada…...
High hopes for Hydrogen in Alberta - Resource Works
9+ hour, 51+ min ago (859+ words) Graphic from Alberta's Hydrogen 101 By Resource Works More News and Views From Resource Works Here Development in Canada of hydrogen as a "clean" fuel and resource has been slower than generally hoped for " but Alberta is trying to set a…...
STEP and Sanjel Complete Transaction, Creating One of Canada's Largest Oilfield Services Companies - Canadian Energy News, Top Headlines, Commentaries, Features & Events - Energy Now
15+ hour, 26+ min ago (329+ words) STEP and Sanjel Complete Transaction, Creating One of Canada's Largest Oilfield Services Companies'Energy Now Print " STEP Energy Services Ltd (STEP) and Sanjel Energy Services Inc (Sanjel) are pleased to announce the combination of their leading Canadian oilfield services companies, which…...
As U. S. Companies Return to Venezuela's Oilfields - One Canadian Driller Has a Head Start
15+ hour, 23+ min ago (903+ words) As a new United States policy clears the way for American oilfield service companies to return to Venezuela, one Canadian driller never left " maintaining a foothold in the politically volatile, oil-rich country, despite years of upheaval and sanctions that drove…...
Global Economy Faces Inflation and Growth Test Amid Escalating Conflict in Iran " Goldman - Canadian Energy News, Top Headlines, Commentaries, Features & Events - Energy Now
17+ hour, 35+ min ago (271+ words) Global Economy Faces Inflation and Growth Test Amid Escalating Conflict in Iran " Goldman'Energy Now Print " (Reuters) " A temporary surge in oil prices to $100 per barrel could slow global growth by 0. 4 percentage point, Goldman Sachs analysts said on Thursday, as a…...