US Interior Department Takes First Steps to Carry out Trump Energy Agenda

In a statement, the agency said Interior Secretary Doug Burgum, the former governor of North Dakota, signed six orders on his first day in office. The orders stem from a…

Chinese Tariffs on US LNG Set to Reroute Global Trade Flows

China Imposes Tariffs on US Goods Amid Trump’s Levies Beijing announced 15% levies on American gas just moments after President Donald Trump imposed a tariff on goods from Beijing. China imported about 6% of…

These Are All the US Goods China Is Targeting With Tariffs

On February 1, 2025, the US government announced that it would impose a 10% tariff on all Chinese goods exported to the US on the grounds of fentanyl and other…

Senate Confirms Fracking Executive Chris Wright as Trump’s Energy Secretary

The vote was 59-38, with seven Democrats and one Independent, who caucuses with Democrats, crossing the aisle. Wright, 60, the CEO of Liberty Energy since 2011, has said he will…

COMMENTARY: Crude Oil Produces Much More Than Gasoline – Yogi Schulz

By Yogi Schulz The oil and natural gas industry refines over 100 million barrels of crude oil daily to produce much more than gasoline. Here’s an overview of how pervasive…

Saudi Arabia, UAE Seen as Possible Venues for Trump-Putin Summit, Two Russian Sources Say

(Reuters) – Saudi Arabia and the United Arab Emirates are seen by Russia as possible venues for a summit between U.S. President Donald Trump and Russian President Vladimir Putin, two…

US NatGas Prices Jump 9% on Colder Forecast, Sanctions Worries

(Reuters) – U.S. natural gas futures jumped about 9% on Monday on forecasts for colder weather and higher heating demand next week and worries about supplies from Canada related to…

OPEC+ Likely to Stick to Oil Output Hike Plan, Sources Say

(Reuters) – OPEC+ is likely to adhere to current plans to raise output gradually from April when a panel of top ministers meets on Monday, delegates from the producer group…

Oil Prices Climb After US tariffs Spark Supply Disruption Fears

Summary US to tax oil imports from Canada at 10% Mexican energy imports to US face 25% charge Canada and Mexico supply a quarter of crude processed by US refineries,…

North American Companies Brace for Fallout From Trump Tariffs

U.S. President Donald Trump imposed a 25% levy on goods from Canada and Mexico, along with a 10% tariff on China, in what could be the opening stages of a…