US NatGas Flows to Freeport LNG Export Plant in Texas Reduced – LSEG Data
(Reuters) – The amount of natural gas flowing to U.S. liquefied natural gas (LNG) company Freeport LNG’s export plant in Texas was on track to fall to a one-month low…
US Drillers Cut Oil and Gas Rigs for First Time in Six Weeks – Baker Hughes
(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks, energy services firm Baker Hughes said…
Biden Hits Russian Oil in Toughest Sanctions Yet in Bid to Give Ukraine, Trump Leverage
(Reuters) – The Biden administration on Friday imposed its broadest package of sanctions yet targeting Russia’s oil and gas revenues in an attempt to give Kyiv and the incoming administration…
US NatGas Prices Climb 4% to One-Week High on Colder Forecasts, Record LNG FeedGas
(Reuters) – U.S. natural gas futures climbed about 4% to a one-week high on Friday on forecasts for colder weather and higher heating demand over the next two weeks than…
US to Release Clean Fuel Tax Credit Model That Limits Ethanol Producers’ Credit Access, Sources Say
By and (Reuters) – The U.S. is expected to release by next week a climate model for clean fuel tax credits that will sharply reduce the ability of ethanol producers…
US Slaps New Sanctions on Venezuela Officials as Maduro Inaugurated
(Reuters) – The United States on Friday imposed sanctions on eight Venezuelan officials and increased to $25 million the reward it is offering for the arrest of President Nicolas Maduro…
‘What Are You (Trump) Complaining About?’: Economists Attack Trump’s Canada Trade Claims That Are Not Based on Reality
U.S. President-elect Donald Trump has justified his threat of 25 per cent tariffs on Canada by pointing to the U.S. trade deficit. Top Canadian economists have a response to that: it’s…
Enbridge Preps Pipeline Buildout for Trump-Driven Drilling Boom
Enbridge Inc. is devising plans to rapidly boost capacity on its US oil pipeline system if the incoming Trump administration succeeds in kicking off a drilling boom. The company sees an…
Oil Prices Rally 3% as US Hits Russian Oil With Tougher Sanctions
Summary • Brent crude and WTI futures rise over 3% to 3-month high• US announces harshest package of sanctions against Russian oil• Sanctions will hit Russian oil exports – UBS,…
White House Says Domestic Oil Market Resilience Played into Russia Sanctions Timing
(Reuters) – The current resilience of the U.S. oil market was key to the White House’s decision to impose significant sanctions on Russia’s energy sector on Friday, a spokesperson for…
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