Goldman Sachs: U.S. Tariffs Will Have Short-Lived Limited Impact on Oil Prices

ByTsvetana Paraskova– Feb 03, 2025, 5:13 AM CST International oil and gas prices will see a limited short-term impact from President Trump’s new tariffs on Canada, Mexico, and China, according…

South Korea Found to Have 14 Additional Offshore Oil and Gas Prospects

South Korea Found to Have 14 Additional Offshore Oil and Gas Prospects | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Feb 03, 2025, 6:30 AM CST The U.S. geoscience…

South African Minister Says Coal Is Critical Mineral for the Country

South African Minister Says Coal Is Critical Mineral for the Country | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Feb 03, 2025, 7:30 AM CST South Africa should look…

OPEC+ Won’t Change Oil Production Plans

OPEC+ Won’t Change Oil Production Plans | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Feb 03, 2025, 8:17 AM CST Despite pressure from President Trump and a recent rise…

Why Is the USA Natural Gas Price Up Today?

It’s a double-whammy today for Henry Hub prices. That’s what David Seduski, the head of North American gas at Energy Aspects, told Rigzone in an exclusive interview on Monday when…

  • Gas
  • February 3, 2025
First for hydrogen as EU issues €1.25bn to energy projects

The European Commission will grant almost €1.25bn ($1.3bn) in funding through the Connecting Europe Facility (CEF) to a raft of energy initiatives including hydrogen and carbon capture, utilisation and storage…

  • Gas
  • February 3, 2025
Low-carbon ammonia to be produced in UAE’s first methanol plant

The UAE’s first methanol plant will manufacture low-carbon ammonia among other products from 2028. The $1.7bn project, designed to unlock new domestic chemical value chains, will be located in Al…

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,…

ArcLight Seals $865 Million Deal To Acquire Key Pipeline Asset

ArcLight Capital Partners, LLC and its affiliates announced that they have successfully acquired a 25% stake in Gulf Coast Express Pipeline LLC (GCX) for $865 million from Phillips 66. From…

Oil Prices Start the Week Higher Following Trump’s Tariffs

ByIrina Slav– Feb 03, 2025, 2:20 AM CST Crude oil prices began trade this week with a gain following President Trump’s announcement of 25% tariffs on most Canadian and all…