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Lyondell to Begin Closure of Houston Refinery This Weekend, Sources Say

Energy Topics & Technology, Latest, Refineries, US News / By

By Erwin Seba HOUSTON, Jan 22 (Reuters) – LyondellBasell Industries (LYB.N) will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend, said people familiar with plant operations. Layoffs of up to 400 employees at the refinery are scheduled to begin two months after the shutdown begins, the sources said. A Lyondell …

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Halliburton Warns of Softer North America Activity Even as Quarterly Profit Beats Estimates

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

(Reuters) – Halliburton on Wednesday warned of softer activity in North America this year even as the oilfield giant beat analysts’ estimates for fourth-quarter profit helped by higher demand for drilling and pressure pumping services in the North Sea and Asia. The tepid outlook echoed that of rival Schlumberger, who flagged a flat 2025 revenue …

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Tariff Threat Unleashes Flood of Canadian Oil Heading to U.S.

Conventional Energy, Energy Topics & Technology, Latest, Oil, Oilsands, Pipelines, US News / By

Suppliers rush to push out as much oil as possible as it’s more valuable now than in the future Bloomberg News A flood of Canadian oil is heading south to the United States to beat President Donald Trump’s threatened tariffs. Enbridge Inc.’s Mainline, the largest oil export pipeline from Canada to the U.S., will cut the volumes of …

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Extreme Cold and Record Snowfall to Test Texas Power Grid

Conventional Energy, Electricity Grid, Energy Topics & Technology, Latest, LNG, Natural Gas, Oil, US News / By

Deep freeze threatens transportation and energy across the US Electric grids brace for surging demand as temperatures drop A cold blast gripping the US South threatens to bring record-breaking snowfall to New Orleans and Houston and a deep freeze that endangers oil and natural gas output and electrical grids. Snow and sleet began falling Monday …

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Trump Orders U.S. Waters Open to Oil Drilling, Reversing Biden

Conventional Energy, Energy Topics & Technology, Latest, Offshore, Oil, Tri-Pinned / By

Action seen delivering on his vow to unleash American energy Biden had blocked new offshore oil leases in 625 million acres   Photographer: Eric Thayer/Bloomberg US President Donald Trump revoked offshore oil and gas leasing bans that effectively blocked drilling in most US coastal waters as he made sweeping moves his first hours in office to unleash …

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US NatGas Futures Drop in Quiet Trade; Frigid Weather Drives Up Spot Rates

Conventional Energy, Energy Topics & Technology, Forecasts, Latest, Natural Gas, US News / By

(Reuters) – U.S. natural gas futures dropped to a near one-week low in holiday-thinned trade on Monday on forecasts of less cold weather starting late January, even as spot rates climbed as frigid cold conditions for most of the U.S. boosted demand for heating. Front-month gas futures for February delivery on the New York Mercantile …

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The Energy Freedom Plan: 112 Specific Actions the New Admin Can Take to Unleash American Energy – Alex Epstein

Energy Commentary, Energy Topics & Technology, Latest, US News / By

I’ve spent the last 18 months compiling the highest-leverage ways to unleash American energy. Here are the results. By Alex Epstein I’ve spent the last 18 months talking to the some of the smartest energy researchers, lawyers, policymakers, and business leaders about the highest-leverage ways to unleash American energy. Here’s the result: 5 goals, 24 …

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Federal Reserve Withdraws From Global Regulatory Climate Change Group

Energy Topics & Technology, Finance, Latest / By

(Reuters) – The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system. In a statement, the Fed said it was exiting the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) …

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HE’S BACK! Tariffs, Deportations and ‘Drill, Baby, Drill’: What to Watch for as Trump Returns

Energy Topics & Technology, Latest, Natural Gas, Oil, Pinned Primary, US News / By

WASHINGTON — The looming threat of devastating tariffs slapped against Canada hangs over president-elect Donald Trump’s return to the White House Monday. Trump is preparing more than 100 executive orders. It’s unclear what is in the massive package and how many will be signed immediately. Here are five things to watch for out of the …

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Republican-Led States Sue Biden Administration Over Offshore Drilling Ban

Conventional Energy, Energy Topics & Technology, Latest, Offshore, Oil, US News / By

Summary • Biden announced ban on Jan. 6, saying it helps fight climate change • Trump says he will reverse it • Republican-led states joined by trade groups in their lawsuit (Reuters) – A group of Republican-led states filed a lawsuit on Friday challenging a ban announced by outgoing Democratic U.S. President Joe Biden earlier …

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