By Sophie Austin SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom sued the Trump administration on Wednesday, challenging the president’s authority to impose sweeping tariffs that have set off a global trade war. The lawsuit argues that President Donald Trump’s use of the International Emergency Economic Powers Act to impose tariffs on Mexico, Canada and …
California Sues to Stop Trump From Imposing Sweeping Tariffs Read More »
*U.S. shale drillers slowing activity *IEA lowers US oil production forecasts for 2025 *Companies will likely delay new large project approvals By Ron Bousso LONDON, April 17 – Nimble U.S. oil producers are responding quickly to the economic turmoil sparked by President Donald Trump’s trade war by slowing down drilling activity, while larger companies are …
Trade Turmoil’s Oil Market Bite is Already Leaving Lasting Scars: Bousso Read More »
(Reuters) – Norway’s Equinor will halt offshore construction of its Empire Wind I project in New York state, following a stop-work order from U.S. Interior Secretary Doug Burgum, the company said on Thursday. The sudden order marks a major blow for the company and the nascent U.S. offshore wind industry, which previously enjoyed substantial support …
Equinor Halts Offshore Construction of Empire Wind Project in the US Read More »
HOUSTON–(BUSINESS WIRE)–Woodside has signed LNG sale and purchase agreements with Uniper for the supply of 1.0 million tonnes per annum (Mtpa) from Louisiana LNG LLC and up to 1.0 Mtpa from its global portfolio (Woodside Energy Trading Singapore Pty. Ltd.), demonstrating ongoing strong demand for LNG globally. Woodside CEO Meg O’Neill said these agreements represent …
Woodside Signs LNG Supply Agreements With Uniper Read More »
The fees on steel and aluminum are affecting several U.S. projects, an analyst says.
By Vallari Srivastava Kinder Morgan narrowly misses first-quarter profit estimates Expects tariffs impact to be roughly 1% of the total project costs Remains bullish on natural gas demand April 16 (Reuters) – U.S. pipeline and terminal operator Kinder Morgan (KMI.N) left its annual profit forecast unchanged on Wednesday, as it continued to bank on demand …
Kinder Morgan Maintains Annual Profit Forecast on Soaring Natgas Demand Read More »
In a post on X, Interior Secretary Doug Burgum said construction activity is being stopped “until further review of information that suggests the Biden administration rushed through its approval without sufficient analysis.”
Spearmint Energy has closed more than $250 million in financing for the construction of two battery energy storage systems that will be connected to Texas’ ERCOT grid.
U.S. natural gas futures slid about 3% on April 16 to a 10-week low on near-record output.
The trifecta of endorsements assures Expand Energy, the largest gas producer in the U.S., a seat alongside EQT Corp. at the LNG and AI data center gas-supply negotiating tables.
