Adedotun Oyeniyi

Oil prices rise as U.S. military strikes against Houthis and positive China economic data boost global oil demand outlook.

KEY POINTS TC Energy Corp. operates with positive expectations toward future investments in the United States market despite rising trade tensions with Canada. The company’s CEO, François Poirier, emphasized that …

Chevron CEO Mike Wirth urges U.S. policymakers to create stable energy policies, cautioning that policy swings disrupt long-term oil and gas investments.

EU countries are demanding more flexibility in gas storage targets, citing rising costs and concerns over long-term energy security.

Trump’s tariffs on Canada could push U.S. electricity prices higher, with New York and New England most affected by potential power supply disruptions.

The U.S. revoked Chevron’s license to export Venezuela oil, citing a lack of progress on electoral reforms. The move could destabilize oil markets.

Kazakhstan’s crude oil production reached 2.12 million bpd, exceeding its OPEC+ quota, with increased output from the Tengiz oilfield.

Turkey is pushing for full-capacity operations on the Iraq-Turkey pipeline, despite ongoing legal and political challenges slowing down oil exports.

Expand Energy plans to increase natural gas production, investing $2.7 billion as LNG demand grows and U.S. energy markets shift.

Canada is pushing for new oil pipelines to reduce dependence on U.S. refineries amid looming Trump tariffs, but regulatory and financial hurdles remain.