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Canada’s Oilpatch Has US$24 Billion Shield Against Trump Tariffs

CDN and International News, Latest, Oil / By

The federal government’s bet on the Trans Mountain pipeline expansion may pay off sooner than expected Bloomberg News The expansion of Canada’s Trans Mountain pipeline represented a US$24 billion bid to help the country’s oil producers reduce their near-total reliance on the United States market. That’s a bet that may pay off sooner than expected if President-elect Donald …

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U.S. AI Task force Co-Chair Asks FERC to Support Co-Located Data Centers – Letter

Electricity Grid, Energy Topics & Technology, Latest, US News / By

A co-chair of the U.S. Congressional artificial intelligence task force urged federal energy regulators this week to support the development of data centers directly connected to power plants, citing national security and competition for global AI dominance, according to a letter seen by Reuters dated Dec. 5. U.S. Congressman Jay Obernolte said the Federal Energy …

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No Concerns Over Trump Vow to Lift LNG Exports Cap, Qatar Energy Minister Says

Conventional Energy, Latest, LNG, US News / By

(Reuters) – Qatar has no concerns about U.S. President-elect Donald Trump’s promise to lift a cap on liquefied natural gas (LNG) exports, Qatar’s Energy Minister Saad al-Kaabi said on Saturday, adding his country would cope with any competition. “And you know even if you open up LNG and say we’re going to export another 300 …

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Oilfield Services Provider Flowco Files for U.S. IPO

Energy Topics & Technology, Latest, OFS-Oilfield Services, US News / By

Oilfield services provider Flowco Holdings said on Friday it has filed for a U.S. initial public offering, the latest to capitalize on the recent revival in investor appetite for newly listed stocks. The U.S. IPO market, which had largely avoided large deals for nearly three years, is experiencing a revival as improving investor sentiment and …

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Chevron CEO Says No Discussions with President-Elect Trump on Venezuela

Conventional Energy, Latest, Oil, US News / By

Summary Chevron supports U.S. policy on Venezuela, aims for better future for Venezuelans Wirth suggests setting limits on use of strategic petroleum reserve (Reuters) – Chevron, the only U.S. oil producer now working in Venezuela’s oilfields, has not held any discussions with President-elect Donald Trump’s team over the company’s operations in the country, CEO Michael Wirth said …

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Energy Transfer Announces Pipeline Project Connecting Permian Basin Production Supplies to Multiple Markets

Latest, Press Releases / By

Will Provide Additional Natural Gas Capacity to Serve Growing Market Needs DALLAS–(BUSINESS WIRE)–Energy Transfer LP (NYSE: ET) today announced that it has reached a positive final investment decision (FID) for the construction of an intrastate natural gas pipeline connecting Permian Basin production to premier markets and trading hubs. The new large-diameter pipeline, previously called the …

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