September 11, 2019

Mitsui to expand LNG, iron ore assets despite signs of slowing economies

Last year, Mitsui announced investments in two iron ore projects in Australia.

September 7, 2019

Saudi King names first royal energy minister

Cabinet shuffles for second week in a row in the world's top crude exporter.

September 5, 2019

Norway’s CO2 seabed storage project gets boost from industry, EU

Norway's Equinor has signed preliminary agreements with seven potential industrial customers for its project to develop carbon dioxide storage under the North Sea.

September 1, 2019

Saudi Arabia creates new ministry of industry and mining

The move is understood as part of the kingdom’s strategy to diversify the economy away from oil.

August 27, 2019

The Asian market for Alberta crude

In 2018 more than C$1 billion worth of Alberta crude was exported by tanker via Vancouver, with one-third going to China.

August 23, 2019

Commodities ensnared again as US-China trade war escalates

A 5% levy will also be imposed on crude oil starting next month. Last year, Beijing removed crude from a list of goods targeted for tariffs, signaling the importance of…

August 23, 2019

US to “drown the world” in oil

The US is set to account for 61% of all new oil and gas production over the next decade.

August 21, 2019

Kinder Morgan Canada acquired by Pembina Pipeline in $4bn deal

Pembina announced plans to buy Kinder Morgan Canada and the U.S. portion of the Cochin pipeline, which runs 2,900 kilometres from Fort Saskatchewan to Chicago.

August 21, 2019

British Columbia’s Trans Mountain pipeline construction to proceed

The $9.3 billion question is just how much a year-long delay caused by the courts will add to the twinning project’s final capital costs.

August 7, 2019

BHP to invest $283m in Trinidad and Tobago petroleum project

Total investment in the Ruby Project, in which BHP holds a 68.5% stake, is about $500 million.