US Energy Chief to Seek $20 Billion to Refill Oil Reserve, Bloomberg Reports
Wright told Bloomberg News in an interview that the initiative would restore holdings “just close to the top” to maintain efficient operating status. “Ultimately that’s what it was built for…
COMMENTARY: AI Applications in Upstream Oil and Natural Gas – Part 2 – Yogi Schulz
By Yogi Schulz Generative artificial intelligence (AI) is sweeping through the oil and natural gas industry. It’s out of control, like the Wild West. AI output is showing up in…
COMMENTARY: Trump is Causing Historic Damage to a Globally Unique Relationship
Almost all of the coverage and commentary on President Trump’s to use executive powers to impose a 25 per cent tariff on exports from Canada (10 per cent on energy) and…
South Dakota Action Threatens Massive Carbon Dioxide Pipeline Proposed for Midwest
South Dakota’s governor signed a bill into law Thursday that bans the taking of private property for building carbon dioxide pipelines, a blow to a sprawling Midwest pipeline network that…
New Yorkers Stressed by Prices Now Face Higher Electricity Bills
A Consolidated Edison power plant in New York.Source: Education Images/Getty Images By , , and No one expects New York City living to come cheap. But even as rents soar…
Canada Won’t Scrap Tariffs Unless All US Levies Are Lifted, Official Says
By Prime Minister Justin Trudeau is not open to lifting Canada’s full package of retaliatory tariffs if US President Donald Trump leaves any tariffs on Canada in place, according to…
Venture Global Shares Slump on Downbeat Annual Core Profit Outlook
March 6 (Reuters) – Venture Global’s (VG.N) shares on Thursday slumped to its lowest level since its debut as the LNG producer forecast its 2025 core profit below Wall Street…
Weak Refinery, Export Demand Weakens Prices for Midland Crude Along Texas Coast
By Cold weather impacts about 1.8 mln barrels of Permian output – analyst Midwest refiners seek Midland crude to cut dependency on Canadian light – analyst U.S., Europe refinery maintenances…
Oil Recovers From Multi-Year Low But Brent Remains Below $70
Summary • Brent and WTI recover slightly from multi-year lows• Trump gives automakers temporary tariff exemption• US crude stockpiles rose more than expected last week LONDON, March 6 (Reuters) –…
Canada Will be in a Trade War With US Started by Trump for Foreseeable Future, Says Trudeau
Trudeau said Canada would continue to engage with senior Trump administration officials about the tariffs, reiterating that his goal was to get the measures removed. “I can confirm that we…
