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US Depends on Canadian Oil, Despite Trump’s Comments, Cenovus CEO Says

By Amanda Stephenson Canada aims to diversify exports amid US trade tensions Carney government seeks projects to boost Canada’s energy status CALGARY, June 10 (Reuters) – The U.S. relies on Canadian oil imports, despite comments to the contrary by U.S. President Donald Trump, Cenovus Energy (CVE.TO) CEO said on Tuesday. Trump has threatened on-again, off-again …

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US Energy Loan Office Should Fund Oil, Gas, White House Aide Says

WASHINGTON, June 10 (Reuters) – The U.S. Energy Department’s loan office should fund oil and gas infrastructure, a White House aide said on Tuesday, as President Donald Trump’s administration moves away from supporting projects designed to curb climate change. “One of the big problems is, in the past the … Loan Program Office has been …

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Oil Prices Hold Near 7-Week High as Market Waits for News From US-China Trade Talks

By Scott Disavino US and China enter second day of talks in London Saudi crude exports to China set to fall slightly Upcoming: US oil inventory data from API and EIA NEW YORK, June 10 (Reuters) – Oil prices held near a seven-week high on Tuesday as the market awaited direction from trade talks between …

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USTR Eases Proposed Penalties, Fees For Non-US LNG Tankers, Vehicle Carriers

By Lisa Baertlein Summary Fees are part of U.S. effort to counter China dominance on the high seas LNG export license suspension penalty removed Vehicle carrier fee changed to $14 per ton from $150 per car capacity Vehicle carriers in U.S. Maritime Security Program exempt (Reuters) – The U.S. Trade Representative softened fee proposals for non-U.S.-built …

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Unlocking the Value of Vibration Monitoring in the Energy Sector

In the energy sector, equipment reliability is not just a maintenance goal—it’s a business imperative. As pressure mounts to optimize production while reducing downtime and risk, operators are increasingly turning to advanced monitoring technologies to stay ahead of mechanical issues. One of the most impactful of these is vibration monitoring, particularly when applied to turbomachinery …

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BlackRock, Vanguard Fight High-Stakes Texas Collusion Case

By Josh Sisco, Silla Brush, and Madlin Mekelburg Coal on barges in Pittsburgh. Photographer: Justin Merriman/Bloomberg The world’s largest asset managers urged a federal judge in Texas to dismiss a lawsuit brought by Republican state attorneys general claiming they colluded to reduce coal output, in a case that threatens how US firms oversee trillions of …

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