Appetite for IPOs is Strong, but Watch Those Valuations, Analysts Say
Wall Street Bull The tepid reception to Venture Global’s ambitious valuation target shows companies need to set realistic expectations when going public, Wall Street analysts said, and could be a…
Citi Says Trump Tariffs on Canada, Mexico Would Risk Raising U.S. Local Natgas Prices
Donald Trump U.S. President Donald Trump’s possible 25% tariffs on imports from Canada and Mexico could raise U.S. natural gas prices at domestic hubs but seems unlikely to change gas…
U.S. Oil and Gas Rig Count Falls to Lowest Since Dec 2021, Baker Hughes Says
The oil and gas rig count, an early indicator of future output, fell by four to 576 in the week to Jan. 24. Baker Hughes said this week’s decline puts…
Trump Order Offers a Chance to Revive Keystone XL Pipeline
President Donald Trump appears to have opened the door for construction of the Keystone XL pipeline, the controversial oil conduit that even its former developer doesn’t want to build. A Biden administration…
Oil Prices Settle Pennies Higher, Down for Week as Trump Touts Energy Policy
Summary • Trump reiterates call on OPEC to bring down oil prices• US president moves to raise US oil output• Trump vows to impose tariffs on European Union, Canada and…
Trump Freezes Energy Department Spending, Loans
The Trump administration has halted spending, loans and other actions at the Energy Department as part of a “comprehensive review” to ensure they align with the president’s priorities, according to…
New US LNG Supply Will Take Time To Start, Exxon Says
New supplies of liquefied natural gas take time to develop, and significant new capacity will only start kicking in over the coming years, a senior Exxon Mobil Corp. executive said. Demand…
Trump’s Week One Ends With a Heap of Climate Rollbacks
US President Donald Trump speaks while signing executive orders in the Oval Office of the White House on Monday, Jan. 20, 2025. Photographer: Jim Lo Scalzo/EPA Bloomberg President Donald Trump…
Trump: Will Be Asking Saudi Arabia and OPEC to Bring Down Cost of Oil
U.S. President Donald Trump on Thursday announced he would be asking Saudi Arabia and OPEC to bring down the cost of oil and said he would be asking Riyadh to…
Senate Panel Approves Trump’s Picks to Run Energy, Interior Departments
(Reuters) – U.S. Senate committees on Thursday approved President Donald Trump’s choices to run energy and environmental policy – officials who, if backed by the full Senate, will seek to…
