Exxon to Raise Output to 5.4 mln boepd by 2030 From 4.3 mln, Exec Says
(Reuters) – Exxon Mobil expects to raise output to 5.4 million barrels of oil equivalent per day in 2030, up from 4.3 million boepd now, the company’s president of upstream…
US Crude Inventories Rise, Fuel Draws Down Amid Ongoing Maintenance, EIA Says
(Reuters) – U.S. crude oil stockpiles rose and fuel inventories fell last week as seasonal refinery maintenance season ticked along, the Energy Information Administration (EIA) said on Wednesday. Crude inventories…
US Natural Gas Prices Fall More Than 5% on Record Output, Milder Weather Outlook
Front-month gas futures for April delivery on the New York Mercantile Exchange were down 22.7 cents, or 5%, at $4.23 per million British thermal units (mmBtu) as of 9:17 a.m.…
CERAWEEK ‘Make Energy Great Again’ says UAE’s ADNOC CEO, Pledging US Gas Investment
By HOUSTON, March 11 (Reuters) – The international investment arm of United Arab Emirates state oil company ADNOC will make a significant investment in U.S. natural gas starting in the…
Oil Up on Weak Dollar as Tariff Concerns Cap Gains
(Reuters) – Oil prices edged up on Wednesday, supported by a weaker dollar, but gains were capped by mounting fears of a U.S. economic slowdown and the impact of tariffs…
Trump’s Tariffs on Steel, Aluminum to Raise Costs for US Energy Firms
Summary • Tariffs to increase costs for oilfield services companies• OCTG imports from Canada, Mexico rise amid tariff concerns• Smaller producers face higher costs due to tariff impact March 11…
Global Companies Eye More US investment as a Result of Trump’s Pro-Energy Policies
(Reuters) – Market upheaval from U.S. President Donald Trump’s protectionist trade policies has not dampened foreign investment interest in the U.S. energy industry, executives said this week, as they lauded…
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…
