CERAWEEK ANALYSIS Small Nuclear Power Struggles at Cusp of US Electricity Demand Boom
By SMRs face cost, security, and regulatory challenges U.S. regulatory framework for SMRs is underdeveloped HALEU fuel safety and demand growth concerns persist HOUSTON, March 11 (Reuters) – Everyone from…
Trump Says He Will Double Tariffs on Canada Metals to 50%
President Donald Trump on Tuesday doubled his planned tariff on all steel and aluminum products coming into the United States from Canada, bringing the total to 50%, in response to…
Mexico’s Pemex Prioritizes Refining as it Diverts Heavy Oil Away From Gulf
(Reuters) – Mexico’s state oil company Pemex expects to continue diverting barrels of heavy crude away from U.S. Gulf Coast refiners as its new Olmeca refinery ramps up processing, the…
Venture Global Flop Swiftly Wipes Out $39 Billion After IPO
Employees and community stakeholders at the Venture Global Plaquemines liquefied natural gas export facility in Port Sulphur, Louisiana.Photographer: Kathleen Flynn/Bloomberg By The list of companies that have flopped out of…
Oil CEOs Back Trump’s Energy Agenda as Crude Hits Fresh Low
By Executives from some of the world’s top oil and gas producers offered full-throated support for President Donald Trump’s “Energy Dominance” on Monday, even as financial markets slumped on broader…
US Approves Permit Extension for Delfin LNG Export Project
Chris Wright displays a signed order approving an LNG permit extension for the Delfin LNG project.Photographer: F. Carter Smith/Bloomberg By US Energy Secretary Chris Wright extended a permit for a…
Oil CEOs Celebrate Trump’s Pivot Back to Fossil Fuels
Executives embrace the administration’s tone at Houston’s CERAWeek conference — but views on prices may cause friction down the line. US Energy Secretary Chris Wright said he wants to reverse…
Conoco CEO Says US Oil Production Will Plateau This Decade
ConocoPhillips CEO Ryan Lance said on Tuesday at the CERAWeek energy conference in Houston that U.S. oil production will plateau later this decade and will stay on the plateau for…
Occidental Petroleum Sees US Oil Output Peaking in Next Five Years
(Reuters) – U.S. oil production will peak between 2027 and 2030, Occidental Petroleum Corp CEO Vicki Hollub said on Tuesday at the CERAWeek conference in Houston, Texas. Her outlook follows…
US Stock Market Loses $4 Trillion in Value as Trump Plows Ahead on Tariffs
Summary • S&P 500 down over 8% from Feb 19 all-time high• Nasdaq confirmed 10% correction from its Dec peak last week• S&P 500 P/E moderates but still high vs…
