US Energy Firms Eye New Northeast Natgas Pipelines, Buoyed by Trump and Demand Outlook
The Appalachia shale fields, which cover the Marcellus and Utica formations, have the largest gas reserves in the U.S., but energy companies have limited ability to move more of that…
World Shares Hover Near Record Highs as US-Canada Trade Talks Revived
World shares held just below recent record highs on Monday as the revival of U.S./Canada trade talks helped risk sentiment, while the dollar dipped on the prospect of this week’s…
Japan Auto Trade ‘Unfair’, Could Buy More US Oil, Trump Tells Fox News
Tokyo is scrambling to find ways to get Washington to exempt Japan’s automakers from 25% automobile industry-specific tariffs, which are hurting the country’s manufacturing sector. Japan also faces a 24%…
Canada Trumped by Trump! Canada Rescinds Digital Services Tax to Advance Stalled US Trade Talks
Summary Canada halts digital service tax collection slated for Monday Canada hopes for economic deal with US by July 21 Trump had threatened more tariffs over tax (Reuters) – Canada…
Senate Bill Hastens End of Wind, Solar Tax Credits and Imposes New Tax
(Reuters) – The latest version of the Senate’s massive budget bill that the Senate is racing through for a vote as soon as Saturday deals a fatal blow to the…
DRILL “NOT” BABY DRILL: US Oil and Gas Rig Count Falls for Fourth Month to Oct 2021 Low, Baker Hughes Says
(Reuters) – U.S. energy firms cut the number of oil and natural gas rigs operating for a fourth month in a row to the lowest since October 2021, energy services…
Oil Steadies After Report of Planned OPEC+ August Output Hike
Summary Sources say OPEC+ planning 411,000 bpd output boost in August Brent, WTI down 12% this week, most since March 2023 No major supply disruption from Middle East crisis, analysts…
California Should Support Fuel Imports, Find Ways to Retain Refiners, Regulator Says
NEW YORK, June 27 (Reuters) – California’s energy regulator on Friday issued recommendations to Governor Gavin Newsom to support timely fuel imports and explore ways to retain operations at existing…
US Energy Firm EQT Agrees to Settle Lawsuit for $167.5 Million
June 27 (Reuters) – U.S. energy company EQT (EQT.N) agreed to pay $167.5 million to settle a class action lawsuit filed by investors who claimed EQT overstated the benefits of…
Oil Steadies After Report of Planned OPEC+ August Output Hike
By Sources say OPEC+ planning 411,000 bpd output boost in August Brent, WTI down 12% this week, most since March 2023 No major supply disruption from Middle East crisis, analysts…
