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Oil & Gas

Latest Oil & Gas stories from Energy.

Energy

Mining Company Withdraws from Pe’ Sla Project Amid Environmental and Indigenous Rights Concerns

The mining company announced its withdrawal from the Pe’ Sla drilling project on May 8, 2026, following significant opposition from local communities and environmental groups.

Energy

Trump's Misleading Oil Price Chart Under Scrutiny

CNN investigates the inaccuracies in Trump's recent claims about oil prices, highlighting the misleading nature of the chart he shared.

Energy

Trump's Pipeline Approval Challenges Canadian Energy Initiatives

The recent approval of a new oil pipeline by President Trump raises questions about the future of a Canadian energy initiative that has garnered support from Mark Carney.

Energy

Impact of the Iran War on Oil Prices: A New Era for the Market

The ongoing conflict in Iran has significantly affected oil prices, challenging the previous stability of the $100 per barrel benchmark, according to MarketWatch.

Energy

South Bow Advances Efforts for Canada-US Oil Pipeline Permits

South Bow is in the process of obtaining the necessary permits for a proposed oil pipeline connecting Canada and the United States, as reported by Reuters.

Energy

Challenges Mount for Proposed Oil Link to Canada Amid Time Constraints

The proposed oil link to Canada encounters numerous obstacles and is under significant time pressure, raising questions about its future viability.

Energy

Discrepancies Emerge Between Brent Oil Futures and Physical Market Conditions

Recent analysis highlights a gap between Brent oil futures prices and the realities of the physical market, raising concerns about future volatility.

Energy

Medicare's RAPID Pathway: A Step Forward for Adults, But What About Children?

While Medicare's new RAPID pathway represents significant progress for adult patients, the pediatric device pipeline remains critically underfunded and slow, raising concerns for children's healthcare.

Energy

Japan to Fund New Oil-Shipping Terminal in Gulf of Mexico

A significant investment from Japan will lead to the construction of a large oil-shipping terminal in the deepwater Gulf of Mexico, marking a notable development in energy infrastructure.

Energy

Geopolitical Tensions Boost Alaska's Oil Prices

Alaska's oil is experiencing a price increase on global markets, attributed to the ongoing conflict in Iran and its impact on oil supply.

Energy

Investors Place $7 Billion in Oil Bets Amid Rising Tensions Over Iran

As geopolitical tensions surrounding Iran escalate, investors have reportedly placed $7 billion in oil-price bets, indicating significant market volatility ahead.

Energy

Gas Prices Rise Despite Declining Crude Oil Costs, Reports AAA

AAA reports a continued increase in gas prices even as crude oil prices experience a decline. This trend raises questions about market dynamics in the Lehigh Valley.

Energy

The Convergence of Oil Extraction and Uranium Mining

This piece examines how advancements in oil extraction techniques may influence the potential for uranium mining.

Energy

Shell Sees Profit Surge Amid Rising Oil Prices Linked to Iran Conflict

The ongoing conflict in Iran has contributed to a significant increase in oil prices, resulting in a notable rise in Shell's profits.

Energy

Shell Reports Strong Q1 Profits Amid Rising Oil Prices Linked to Iran Conflict

In the first quarter of 2026, Shell's profits surged to $6.92 billion, driven by increased oil prices amid ongoing geopolitical tensions related to the conflict in Iran.

Energy

Shell Commits $16.4 Billion to Expand LNG Production in Canada

Shell's substantial investment in Canada's gas sector aims to enhance liquefied natural gas production in response to growing global energy needs.

Energy

Drones from Russia Crash in Latvia, Sparking Security Concerns

The recent crash of two drones from Russia in Latvia has raised alarms regarding regional security and the stability of energy supplies.

Energy

Concerns Mount as Oil Prices Continue to Rise

The persistent rise in oil prices is generating significant apprehension within the energy market, prompting discussions about potential implications.

Energy

Bridger Oil Pipeline Nears Full Capacity Amid Rising Demand

The Bridger Oil Pipeline is quickly approaching its capacity, with strong commitments for transporting oil daily, highlighting its role in the regional energy sector.

Energy

Occidental Petroleum Halts Oil Hedging Amid Market Uncertainty Linked to Iran Conflict

In response to rising market volatility driven by the ongoing conflict in Iran, Occidental Petroleum has decided to cease new oil hedging strategies.