Aramco Reports Increased Profits Amid Rising Oil Prices Linked to Conflict
Amid ongoing geopolitical tensions, Aramco has reported a rise in profits, which appears to counterbalance the impact of reduced exports.
Editorial Staff May 10
Oil & Gas
Latest Oil & Gas stories from Energy.
Low-Cost Carriers Respond to Rising Oil Prices with Flight Cuts and Unpaid Leave
In light of soaring oil prices, low-cost carriers are adjusting their operations by cutting flights and introducing unpaid leave for staff to manage financial pressures.
Editorial Staff May 10
Canadian Natural's CEO Advocates for West Coast Pipeline to Facilitate Oil Sands Expansion
The CEO of Canadian Natural emphasizes the importance of a West Coast pipeline for the growth of the oil sands sector, highlighting potential benefits.
Editorial Staff May 10
Rising Tensions in the Gulf Could Undermine Central Asia's Investment Landscape
The ongoing conflict involving Iran poses significant risks to Gulf investments in Central Asia, with crude oil prices experiencing fluctuations amid these geopolitical tensions.
Editorial Staff May 9
Assessing the Impact of Alberta's Inactive Pipelines on Energy Markets
This editorial examines the potential consequences of Alberta's inactive pipelines for the broader energy market landscape.
Editorial Staff May 9
Challenges Facing U.S. Oil Drillers in Global Supply Crisis
An exploration of the challenges that U.S. oil drillers encounter in their efforts to alleviate the ongoing global oil supply crisis.
Editorial Staff May 9
Shell Reports Higher-Than-Expected Quarterly Profits Amid Rising Oil Prices Linked to Iran Conflict
Shell has reported profits that exceeded quarterly estimates, attributed to rising oil prices driven by ongoing geopolitical tensions related to the Iran war.
Editorial Staff May 9
Vietnam Responds to Global Energy Supply Disruptions with Increased LNG Imports
In light of the ongoing conflict in Iran, Vietnam has decided to ramp up its LNG imports to mitigate the impact of global energy supply disruptions.
Editorial Staff May 9
Brazil Reaches New Heights in Exports Amid Oil Price Surge
Brazil has achieved record export levels, driven by a significant rise in oil prices, marking a pivotal moment for the country's economy.
Editorial Staff May 9
Trump Approves New Oil Pipeline to Strengthen Canada-US Energy Ties
The recent approval for a major oil pipeline between Canada and the United States signifies a pivotal moment in energy collaboration, despite environmental concerns.
Editorial Staff May 9
Impact of Rising Oil Prices on PVH Valuation and Apparel Margins
As oil prices rise, the apparel industry, including PVH, faces increased production costs and pressure on profit margins, prompting a reevaluation of company valuations.
Editorial Staff May 9
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.
Editorial Staff May 8
Oil Prices Report for May 8, 2026
The latest update on oil prices as of May 8, 2026, provides insights into the current state of the energy market.
Editorial Staff May 8
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.
Editorial Staff May 8
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.
Editorial Staff May 8
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.
Editorial Staff May 8
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.
Editorial Staff May 8
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.
Editorial Staff May 8
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.
Editorial Staff May 8
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.
Editorial Staff May 8