• Gas
  • February 1, 2025
US introduces tariffs on Canada, Mexico and China

President Trump has stood by his election promises and introduced tariffs on Canada, Mexico and China. White House press secretary Karoline Leavitt confirmed 25% tariffs on Mexico and Canada, and…

Trump Says He Will Bring Tariffs Down to 10% on Canadian Oil

(Reuters) – U.S. President Donald Trump said on Friday that he will decrease threatened tariffs on Canadian oil to 10%. Trump said that tariffs on oil and gas are likely…

Trump Says Tariff May Cause Short-Term Disruption

(Reuters) – U.S. President Donald Trump on Friday acknowledged that tariff costs are sometimes passed along to consumers, and said his plans to impose tariffs may cause a short-term disruption.…

Pearl Energy-Backed Infinity Natural Valued at $1.3 Billion as Shares Jump in NYSE Debut

(Reuters) – Private equity-backed Infinity Natural Resources was valued at $1.30 billion after shares of the oil and natural gas producer rose 10.8% in their debut on the New York…

US Oil Production Falls in November From Record High in October, EIA Says

(Reuters) – U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high of 13.436 million bpd in October,…

US Drillers Add Oil and Gas Rigs for First Time in Eight Weeks, Baker Hughes Says

(Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in eight weeks, energy services firm Baker Hughes said in its closely followed…

Trade Dispute Could Force U.S. to Buy Venezuelan Oil, Canada Says

Trade Dispute Could Force U.S. to Buy Venezuelan Oil, Canada Says | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Jan 31, 2025, 7:30 AM CST President Trump’s threat of…

Renewables Giant Orsted Replaces CEO as Offshore Wind Troubles Persist

ByTsvetana Paraskova– Jan 31, 2025, 9:30 AM CST Orsted, the world’s biggest offshore wind project developer, is replacing Mads Nipper as chief executive, effective Saturday, amid a fundamentally changed renewable…

Record Permian and Guyana Output Helps Exxon Beat Q4 Earnings Estimates

ByCharles Kennedy– Jan 31, 2025, 8:30 AM CST ExxonMobil (NYSE: XOM) booked consensus-beating earnings for the fourth quarter on the back of record Permian and Guyana production despite a widely…

Chevron’s Q4 Earnings Miss Forecast as Refining Swings to Loss

Chevron’s Q4 Earnings Miss Forecast as Refining Swings to Loss | OilPrice.com `; document.write(write_html); } Breaking News: ByCharles Kennedy– Jan 31, 2025, 10:30 AM CST Chevron Corporation (NYSE: CVX) booked…