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Most Canadians Support Building a West-East Oil Pipeline: Poll

The survey was taken in the same week U.S. President Donald Trump escalated a global trade war A man wearing an “I love Canadian pipelines” shirt applauds during a pro-pipeline gathering in downtown Vancouver, Tuesday, June 18, 2019. Photo by THE CANADIAN PRESS/Jonathan Hayward More than three in four Canadians would support publicly funding an …

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US Solar’s Hoarding Habit Will Help Blunt Sting From Trump Tariffs

The US has imported about 80% of modules from four Southeast Asian countries that face big new levies. Workers install solar panels on the roof of a home in San Francisco, California.Photographer: Michaela Vatcheva/Bloomberg By Josh Saul, Shoko Oda, and Jennifer A Dlouhy America’s solar industry has a strategy for dulling US tariffs: hoard. Developers …

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Shale Stocks Battered as Trump Tariffs Subvert His Push to Drill

By Emma Sanchez and David Wethe Shale-oil companies are taking some of the harder lumps on Wall Street as crude prices tumble and President Donald Trump’s trade war runs headlong into his goal to turbocharge US energy production. The S&P 500 Energy Index is down more than 15% since the president announced the sweeping tariffs …

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Oil Majors Suffering From OPEC+ Output Hike, Not From U.S. Tariffs, Eni Exec Says

CERNOBBIO, Italy, April 4 (Reuters) – Oil majors are suffering after eight OPEC+ countries unexpectedly agreed to increase oil output in May, while tariffs imposed by U.S. administration had a muted effect on the sector, Eni’s (ENI.MI) top executive Francesco Gattei said on Friday. He added that energy groups could react to the possibility of …

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BP Chair Lund to Exit ‘Likely’ in 2026 Amid Elliott Campaign

By Shadia Nasralla Lund oversaw BP’s 2020 plan to slash oil, gas output Company veered back towards oil and gas this year Elliott, shareholders had discussed potential leadership changes April 4 (Reuters) – BP (BP.L) Chair Helge Lund intends to step down “likely during 2026”, the energy group said on Friday amid a campaign by …

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Trump Tariffs Poised to Exacerbate Woes of Ailing Petchems Sector

By Mohi Narayan (Reuters) – Sweeping new U.S. import tariffs threaten to further erode demand for global petrochemical producers and accelerate capacity cuts in an industry plagued by weak margins, industry officials and analysts said. Tariffs announced by President Donald Trump on Wednesday are expected to drive up prices for goods such as electronics, appliances …

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