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,…

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…

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…

India’s Fuel Demand Increased by 3.2% Year-Over-Year in January

ByCharles Kennedy– Feb 07, 2025, 9:30 AM CST Fuel demand in India, the world’s third-largest crude oil importer, increased by 3.2% in January from a year earlier, although consumption was…

Pipeline Upgrades Could Boost Trans Mountain’s Capacity by 300,000 Bpd

ByTsvetana Paraskova– Feb 07, 2025, 6:26 AM CST Canada’s Trans Mountain pipeline could boost its capacity by up to 300,000 barrels per day (bpd) with upgrade projects, but it is…

Pakistan Seeks Lower Prices for Its Long-Term Qatar LNG Deal

Pakistan Seeks Lower Prices for Its Long-Term Qatar LNG Deal | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Feb 07, 2025, 7:30 AM CST Pakistan will renegotiate its long-term…

Chinese Refiners Slash Run Rates as Sanctions Cripple Russian Crude Supply

Chinese Refiners Slash Run Rates as Sanctions Cripple Russian Crude Supply | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Feb 07, 2025, 8:30 AM CST China’s independent refiners have…

USEDC Plans to Deploy up to $1B Primarily in Permian, Sees Job Growth

In a statement sent to Rigzone this week, U.S. Energy Development Corporation (USEDC) announced “plans to deploy up to $1 billion during 2025, primarily in the Permian Basin”. USEDC said…

  • Gas
  • February 7, 2025
World’s first LCO2 ship berths for Northern Lights

The Northern Pioneer – billed as the world’s first commercial liquefied CO2 transport ship – has officially arrived in Norway to serve the Northern Lights project. The 130m-long ship, which can…

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…