The swap stems from a provision in a 2017 deal involving the Athabasca Oil Sands Project. The transaction is subject to regulatory approvals and is expected to close in the first half of this year.

The swap stems from a provision in a 2017 deal involving the Athabasca Oil Sands Project. The transaction is subject to regulatory approvals and is expected to close in the first half of this year.

Because the crude oil industry has developed hardly at all in recent years due to a lack of investment capital for discovery, extraction and further processing, global production can barely meet ...

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US futures settle at lowest so far this year US crude oil inventories rose last week, EIA says US still plans to impose tariffs on Canada, Mexico Saudi and other OPEC+ ministers meet next week Jan ...

2-Year U.S. Treasury Note Continuous Contract $102.766 0.008 0.01% 5-Year U.S. Treasury Note Continuous Contract $106.320-0.070-0.07% 10-Year U.S. Treasury Note Continuous Contract $108.781-0.172 ...

Its pipelines include a natural gas pipeline system, regional oil sands pipelines, and a regulated natural gas utility system. Recently, Enbridge has even stretched into renewables, including wind ...

Upstream companies search the globe for new oil reservoirs and assemble drill sites for extraction. Yes, the oil they retrieve could become fuel or some other petroleum product, but they generally ...

Because the crude oil industry has developed hardly at all in recent years due to a lack of investment capital for discovery, extraction and further processing, global production can barely meet ...

The oil industry is driven by booms and busts. Prices rise during periods of global economic strength during which demand outpaces supply. Prices fall when the reverse is true. Meanwhile ...

At 08:25 ET (13:25 GMT), the... Oil prices slip after US inventories build; Fed meeting, Trump tariffs in focus By Investing.com - Jan 29, 2025 1 Investing.com--Oil prices fell Wednesday after ...