Auto Added by WPeMatico
HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“Vaalco” or the “Company”) announced that it has farmed into the CI-705 block offshore Côte d’Ivoire. Vaalco will become operator of the block with a 70% working interest and a 100% paying interest though a commercial carry arrangement and is partnering …
Trump wants rare earth.What are rare earth elements and why are they important? (Reuters) – Rare earth metals are making headlines as demand rises for products from smartphones to wind turbines, and as governments seek secure supply. Here are some basic facts about them: WHAT ARE THEY? Rare earths are a group of 17 elements …
What are Rare Earth Metals and Why are They in Demand? Read More »
Summary Canada sends 90% of oil exports to US refiners Canadian drilling sector still not recovered from decade of job losses Retaliatory tariffs would raise cost of drilling inputs CALGARY, March 3 (Reuters) – Canada’s oilfield drilling and services sector is already showing signs of slowing due to U.S. President Donald Trump’s threatened tariffs, triggering …
Trump’s Tariffs Threat Hits Canada’s Oil and Gas Drillers Read More »
The sector is very much in limbo following a surge in activity during the Biden presidency. By Gabrielle Coppola ‘We Have Work to Do’ Last week, I attended the annual gathering of NaatBaat International, a trade group focused on building a homegrown battery industry in North America. The crowd of startup executives, scientists and consultants was about …
America’s Battery Industry Tries to Find Its Footing in Trump World Read More »
Bloomberg News Trump has sought to pressure Zelenskiy into agreeing to let the US benefit from any of Ukraine’s untapped resources, at a time when Washington is seeking to secure supplies of critical minerals. His pursuit has seen him make some huge demands: At one point he wanted the equivalent of $500 billion from rare earths, …
Why Trump’s Ukraine Minerals Deal with Zelenskiy Is Not an Easy Win Read More »
At least five leaders at PHMSA took the Trump buyout offer Exodus comes amid Energy Transfer fuel leak in Bucks County More than half of the senior executives at a key US government regulatory body responsible for overseeing safety of the US pipeline system will depart the agency in the next three months, according to …
Pipeline Safety Agency’s Senior Leaders Exit Amid Trump Push Read More »
(Reuters) – OPEC+ is debating whether to raise oil output in April as planned or freeze it as its members struggle to read the global supply picture because of fresh U.S. sanctions on Venezuela, Iran and Russia, eight OPEC+ sources said. OPEC+ usually confirms its supply policy one month in advance to have time to …
Sanctions, Tariffs Make OPEC+ Hesitant on April Oil Hike, Sources Say Read More »
(Reuters) – Lyondell Basell Industries’ will lay off 345 workers, or 86% of the workforce, at its shuttered Houston refinery on April 17, according to a filing with the Texas Workforce Commission. There are around 400 Lyondell employees working at the 263,776 barrel-per-day Houston refinery. About 70% of them are hourly workers represented by the …
Lyondell to Lay Off 86% of Workforce at Shuttered Houston Refinery, Filing Shows Read More »
Repeal resolution heads next to Trump for his signature Ends incentive to control leaks of potent climate-warming gas By Ari Natter The Senate voted Thursday to repeal a new US fee on climate-warming methane emissions from oil and gas producers, sending the measure to the White House for President Donald Trump’s signature. The repeal, which …
Senate Repeals Methane Leak Fee in Boon to Oil and Gas Industry Read More »
By Mark Burton and Kate Sullivan US President Donald Trump is close to striking a deal to grab a share of Ukraine’s natural resources as he pushes for an end to Russia’s three-year war in the country. Listen to the Here’s Why podcast on Apple, Spotify or anywhere you listen. Trump has sought to pressure …
Why Trump Wants Ukraine’s Natural Resources and What’s Viable Read More »
