Oil Prices Decline for 3rd Straight Week on Tariff Concerns
Summary • Prices supported by new US sanctions on Iran crude exports• Offset by fears that trade tensions will hit demand• Trump also repeating pledge to increase US oil production…
Trudeau Says Trump Talk of Absorbing Canada is ‘a Real Thing’, Says Source
(Reuters) – Prime Minister Justin Trudeau on Friday said U.S. President Donald Trump’s talk about absorbing Canada “is a real thing” and is linked to the country’s rich natural resources,…
US Drillers Add Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, energy services firm…
Zelenskiy Says ‘Let’s Do a Deal’, Offering Trump Mineral Partnership, Seeking Security
By Tom Balmforth and Olena Harmash ‘Let’s do a deal,’ says Zelenskiy to Trump, offering rare earths Summary • In interview, Ukraine’s Zelenskiy offers mineral partnership to US• Zelenskiy emphasizes…
US Risks Losing Long Game in China LNG Spat
Chinese buyers of US LNG could divert cargoes to Europe China’s share of US LNG offtake set to grow Tit-for-tat tariffs could impact new US LNG projects The United States…
TPG to Buy Solar Firm Altus Power for $2.2 Billion
(Reuters) – Buyout firm TPG’s climate investment arm will acquire Altus Power in an all-cash deal worth $2.2 billion, including the assumption of debt, the companies said in a statement…
Chevron Accelerates Kazakh Oilfield Ramp-Up, Sources say
• Chevron expected full capacity of Tengiz expansion by June• Output at Tengiz jumped to 900,000 bpd in early February – data• Kazakhstan frequently overproduces under OPEC+ deal (Reuters) –…
ConocoPhillips’ Quarterly Profit Beats Estimates on Higher Production
(Reuters) – ConocoPhillips beat Wall Street estimates for fourth-quarter profit on Thursday, as higher production offset lower realized prices. Benchmark crude prices rose about 4% during the October-December quarter, encouraging…
US Energy Secretary Derides Net-Zero Policies in New Order
(Reuters) – The U.S. Department of Energy will prioritize expanding energy production over achieving net-zero greenhouse gas emissions, according to an order issued on Wednesday by Energy Secretary Chris Wright.…
Total CEO Says Company Rejected Venture Global as LNG Supplier Over Lack of Trust
(Reuters) – TotalEnergies rejected opportunities to become a long-term customer of Venture Global LNG’s U.S. terminals because it did not trust the company, CEO Patrick Pouyanné told Reuters on Wednesday.…
