The Canada Energy Regulator approved preliminary interim tolls for the expanded Trans Mountain pipeline system, allowing the project to begin charging for shipping services once operations start.
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Average daily gasoline consumption in Iran has reached about 110 million liters in the current Iranian calendar year, according to the managing director of the National Iranian Oil Products Distribution Company.
Brazil will join the influential OPEC+ oil coalition that unites some of the biggest crude-producing nations in the world, according to Brazilian Energy Minister Alexandre Silveira.
Executives and senior leaders from Canada's oil and gas sector are heading to Dubai for the upcoming United Nations COP28 climate talks, eager to tell the world they are doing what they can to reduce greenhouse gas emissions.
India's Russian oil imports rebounded in November after several plants came back online from planned maintenance and as fuel consumption rose during the Diwali festive season, preliminary data from ship-tracking firms Kpler and Vortexa showed.
OPEC+ oil producers are likely to agree output cuts of at least 1 million barrels per day (bpd) for early next year led by Saudi Arabia rolling over its voluntary additional cut and smaller curbs by others, two delegates told Reuters ahead of a virtual OPEC+ meeting on Thursday.
Iran’s Oil Minister Javad Owji on Wednesday said 3.1 billion cubic meters (bcm) of natural gas have been stored, calling it a “desirable” record.
OPEC+ is continuing to hold talks on 2024 oil policy, with no delay to a meeting scheduled for Thursday currently expected, two sources from the producer group said on Wednesday.
From mid-2021 until late 2022, Europe and parts of Asia were gripped by an energy crisis, as oil, gas, coal and power prices surged, in some cases to record highs, forcing households and firms to cut use rapidly.
Canadian oil sands producers will start making final investment decisions on their proposed C$16.5 billion ($12.03 billion) carbon capture and storage project from mid-2025 onwards, the president of the Pathways Alliance said.
Canadian oil and gas pipeline company TC Energy Corpsaid on Tuesday it expects adjusted core earnings for 2024 to be 5% to 7% higher than 2023.
Turkey signals readiness to resume oil exports from Iraqi Kurdistan, with negotiations underway to restart the flow through Ceyhan port.
The federal government is poised to announce new regulations and funding around methane – a greenhouse gas that’s 85 times more potent than carbon dioxide – heading into COP28 on Thursday.
Russia’s oil trading with Asia has boomed since the Ukraine conflict, but one of its lucrative routes faces a challenge because of difficulties paying for fuel in currency other than dollars.
Fast growth in China's renewable energy sector to meet climate goals is being undermined by continued coal capacity expansion and a rapid rise in energy consumption, a report said on Monday.
Sri Lanka is trying to find a way out of a clause which allowed India to block petroleum development in Trincomalee, according to an agreement signed on a tank farm, Energy Minister Kanchana Wijesekera said.
The premier of Alberta said her government intends to move an act on Monday to shield provincial power companies from proposed federal clean electricity regulations.
Canadian oil and gas producers will drill 8% more wells in 2024 to take advantage of greater access to pipelines, with the Trans Mountain oil pipeline expansion due to open.
A new survey reports the majority of engaged Canadian women support the production of Canadian oil and gas in a cleaner and more responsible way.
Indian Oil Corp, the country's top refiner, aims to double the capacity of its liquefied natural gas (LNG) import terminal at Ennore, Sandeep Jain, the company's executive director for gas business, said.