Category : Energy Sector


OPEC+ Eyes 137,000 bpd Oil Output Rise for April

OPEC+ is reportedly considering a modest oil production increase of 137,000 barrels per day for April, according to Reuters sources, amid ongoing market volatility and geopolitical tensions.

OPEC+ Expected to Resume Modest Oil Production Hikes

OPEC+ delegates anticipate the group will agree to resume modest production increases when it meets this weekend, despite warnings of a supply glut that hasn't yet impacted prices due to geopolitical risks and output disruptions.

Constellation Energy Tops Profit Estimates on Data Center Demand

Constellation Energy reported higher-than-expected quarterly profits, driven by robust electricity demand from data centers. The company's nuclear power operations, including the Crane Clean Energy Center, played a key role in meeting this growing need.

Electra Approves $73M Budget for Cobalt Refinery Construction

Electra Battery Materials Corporation has approved a $73 million construction budget and established a detailed schedule to complete North America's first battery-grade cobalt sulfate refinery near Toronto, with commercial production targeted for late 202

Oilsands Alliance Rebrands Amid Carbon Capture Talks

The newly renamed Oil Sands Alliance intensifies negotiations with Alberta and Ottawa ahead of an April 1 deadline for a carbon capture deal tied to pipeline expansion, with significant challenges remaining.

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