Recent Cold Snap Lead to Fourth-Largest NatGas Storage Withdrawal, US EIA Says
(Reuters) – The United States saw the fourth-largest weekly withdrawal from natural gas storage during mid-January as colder-than-normal temperatures boosted consumption, the U.S. Energy Information Administration (EIA) said on Monday.…
Drill Baby Drill? Not So Much – Bernstein Sees Modest Pullback in Upstream Capex in 2025
** “We see an upstream sector that returns a bit over half its cash flow while investing a bit under half” – brokerage ** Bernstein says that the supply side…
Trump’s Renewables Permit Flip-Flop Unsettles Sector
Contractors installing solar panels at the Phillips 66 Rodeo Renewable Energy Complex in Rodeo, California, last summer. Photographer: David Paul Morris/Bloomberg Renewable-energy developers knew US President Donald Trump preferred oil…
Oil Prices Advance Despite Concern Over More US Tariffs
Summary • Trump to announce 25% steel and aluminium tariffs on Monday• China responds with retaliatory tariffs on some US exports• Trump holds talks with Putin to end Ukraine war…
Where Does the U.S. Get Its Steel and Aluminum From?
Coils of rolled steel sit in an industrial yard with transmission towers and smokestacks in the background at dusk in Hamilton, Ontario, Canada, January 27, 2025. REUTERS/Carlos Osorio/File Phot (Reuters)…
COMMENTARY: Weaponizing Canadian Oil Would Rattle Trump
It’s getting awkward. Photographer: Nicholas Kamm/AFP Canada is in that awkward position where a usually friendly, if erratic, neighbor has suddenly started hammering on the walls. Should it politely ask…
Lyondell Completes Shutdown of Houston Refinery, Sources Say
Lyondell began the previously announced shutdown of the refinery on January 27. Lyondell, in an emailed statement on Friday night, declined to discuss the status of the refinery. Some units…
Venture Global IPO Shows Limits of Trump Bump
The Venture Global Plaquemines LNG plant under construction in Port Sulphur, Louisiana, last year. Photographer: Bryan Tarnowski/Bloomberg Bloomberg News Venture Global Inc.’s belly flop of an IPO isn’t just a setback for…
Trump Says He Discussed LNG Exports With Japan’s Ishiba
US President Donald Trump waves as he greets Japanese Prime Minister Shigeru Ishiba upon arrival outside the West Wing of the White House in Washington, DC, on February 7, 2025. Photo…
Trump Twitches and the World Gets the Shakes
Is Trump Really Outwitting the World? A month ago, John Authers was already warning his readers of the coming manic Mondays of Donald Trump. But if his presidency thus far were pop lyrics,…
