Capp expects spending in Canada's oil and gas sector to grow even as the nation continues to lose ground globally.

Data show imports of 61,000 b/d from Iran, marking the first time in a year that Beijing has reported taking Iranian crude.

US President Joe Biden has threatened to block Russian banks from the US financial system if Moscow decides to invade Ukraine.

Stunning growth in China’s electric vehicle market poses an increasing threat to local and global transport oil demand.

China’s Zhejiang Energy has agreed to buy 10% in the Yakutia LNG project and offtake up to 1.8 million tons/yr.

Russia is ready to resist new US sanctions but implications for energy markets and global economy could be severe.

Exxon is now the latest — and largest — US producer to adopt net-zero goals, as the US major makes its case for long-term resiliency.

Oil and gas companies still have an opportunity to convince investors that their low-carbon strategies are credible in scope and urgency, but time is running out.

A Russian gas transit cut to Europe is unlikely, even if tensions between Russia and Ukraine result in military action.

Russia’s LNG export champion Novatek reported that its natural gas reserves were almost flat in 2021, according to data released Tuesday.