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…

Venture Global Flop Swiftly Wipes Out $39 Billion After IPO

Employees and community stakeholders at the Venture Global Plaquemines liquefied natural gas export facility in Port Sulphur, Louisiana.Photographer: Kathleen Flynn/Bloomberg By The list of companies that have flopped out of…

Oil CEOs Back Trump’s Energy Agenda as Crude Hits Fresh Low

By Executives from some of the world’s top oil and gas producers offered full-throated support for President Donald Trump’s “Energy Dominance” on Monday, even as financial markets slumped on broader…

US Approves Permit Extension for Delfin LNG Export Project

Chris Wright displays a signed order approving an LNG permit extension for the Delfin LNG project.Photographer: F. Carter Smith/Bloomberg By US Energy Secretary Chris Wright extended a permit for a…