Whichever company wins would partner with Egypt’s sovereign wealth fund in taking joint full ownership of Wataniya Petroleum, a fuel distribution firm that has more than 200 filling stations and is run by the North African nation’s military. SourceContinue Reading

The likely return of Iranian oil is setting up what promises to be an aggressive, price-driven battle to supply a corner of the coveted Asian market. SourceContinue Reading

Brookfield Infrastructure Partners LP raised its hostile offer for Inter Pipeline Ltd. to C$8.4 billion ($6.9 billion) as it sought break up the company’s deal with Pembina Pipeline Corp., setting off a full-blown takeover battle for Canada’s fourth-largest pipeline company. SourceContinue Reading

Chevron CEO Mike Wirth signaled he would consider selling its 20% stake in a Canadian oil sands mine as its faces investor pressure to do more to curb emissions and fight climate change. SourceContinue Reading

Climate Revolt Against Big Oil May Lead To Surge In Crude Prices | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Jun 02, 2021, 7:00 PM CDT The surge in climate...Continue Reading

Hedge Funds Grow More Bullish On U.S. Crude Oil | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Jun 02, 2021, 6:00 PM CDT Money managers reduced their bullish bets on...Continue Reading

Russia’s LNG Boom Hinges On Foreign Tech | OilPrice.com Gerald Jansen Gerald is an independent freelance energy analyst based in Rotterdam, the Netherlands. More Info Premium Content By Gerald Jansen – Jun 02, 2021, 5:00 PM CDT Living the seventh year of sectoral sanctions that target its prospective oil and gas projects, Russia has grown...Continue Reading

Can Australia Satisfy Tesla’s Appetite For Battery Metals? | OilPrice.com MINING.com MINING.com is a web-based global mining publication focusing on news and commentary about mining and mineral exploration. The site is a one-stop-shop for mining industry… More Info Premium Content By MINING.com – Jun 02, 2021, 4:00 PM CDT Electric cars giant Tesla (NASDAQ: TSLA)...Continue Reading

Larger Than Expected Crude Draw Fuels Oil Price Rally | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Jun 02, 2021, 3:45 PM CDT The American Petroleum Institute (API) on Tuesday reported...Continue Reading

Multinational Majors Announce Billion-Dollar Investment In Brazilian Oil Field | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Jun 02, 2021, 3:00 PM CDT Brazil thinks it can...Continue Reading