European Wind Stocks take Beating After Trump Calls Turbines ‘Garbage’

(Reuters) – European wind power stocks fell on Wednesday after U.S. President-elect Donald Trump said he would try to ensure that “no windmills” are built on his watch, criticising the sector less than two weeks before he is due to take office. Trump’s latest swipe against the industry raises concerns about how the U.S. wind …

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Iran Pushes China to Let it Sell $1.7 Billion Worth of Stranded Oil

Iran is pushing to recoup 25 million barrels of oil from China that has been stuck for six years in Chinese ports due to sanctions imposed by then-U.S. President Donald Trump, three Iranian and one Chinese source familiar with the matter said. Trump is returning to power on Jan. 20, and analysts say he is …

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Gas Power Won’t Provide an Easy Fix for AI Boom

Developers of new generation capacity in the US face soaring costs and long wait times for turbines. One of the biggest energy stories of last year was the challenge of powering the artificial intelligence boom. Tech companies are putting serious money behind renewables and nuclear on the assumption electricity consumption will soar. But in the immediate future, natural gas is …

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Shell Warns of Weaker Fourth Quarter LNG, Oil Trading

(Reuters) – Shell (SHEL.L) trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil and gas trading results are expected to be significantly lower than in the previous three months. In a trading update ahead of Jan. 30 full-year results, Shell also said it would take $1.5 billion to $3 …

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Plains All American Announces Bolt-on Acquisitions, Capital Structure Optimization & Distribution Increase

HOUSTON, Jan. 07, 2025 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) (collectively, “Plains”) announced today three bolt-on acquisitions for an aggregate cash consideration of approximately $670 million net to Plains, the purchase of approximately 18% of its outstanding PAA Series A Preferred Units and a 20% increase …

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2025 Energy Outlook: Steering Through Recovery and Policy Shifts

Authors: Leonard Herchen & Yuchen Wang Overview: The energy markets in 2025 are undergoing transformative structural changes, highlighted by the operational launch of key infrastructure projects such as LNG Canada. This development significantly enhances Canada’s ability to meet rising global LNG demand while alleviating long-standing supply bottlenecks. At the same time, economic recovery across major …

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Pandell Leadership Series Call For Speakers

Call For Speakers Thought leaders in upstream and midstream oil & gas, pipelines, renewable energy, and utilities, are invited to speak at a Pandell Leadership Series webinar. Who should apply? You’re an industry expert or innovator with insights to share with the North American energy market. You’re capable of delivering a live webinar presentation on …

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