Avangrid Plans $20B Investment in US Grid Infrastructure
Avangrid CEO Pedro Azagra met with U.S. policymakers to discuss how growing energy demand requires a critical need to invest in energy infrastructure.
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Wildcat Expanding Terminal Transporting Crude from Uinta to Gulf Coast
Wildcat Midstream has begun expanding its Helper export terminal for more capacity to take crude from the Uinta Basin to the Gulf Coast.
TC Energy CEO Sees Ramp-Up for Sur de Texas-Tuxpan Pipeline
By Lucia Kassai TC Energy’s Sur de Texas-Tuxpan pipeline that transports natural gas from Texas to Mexico is expected to ramp up in coming months as the Southeast Gateway conduit starts service on May 1, Chief Executive Officer Francois Poirier said in an interview. Southeast Gateway will deliver gas from the Sur de Texas-Tuxpan line …
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US Tariffs Trigger Outrage From Its ‘Best Friend’ Next Door
Canadian premiers turned a CERAWeek panel into a venting session as measures on steel and aluminum imports take effect. By Millie Munshi and Joe Carroll Welcome to our guide to the energy and commodities powering the economy. This week, we’re coming to you from global oil and gas get-together CERAWeek in Houston, where delegates confront …
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Trump Says Attacks on Tesla Stores are Domestic Terrorism
Protests, largely peaceful, have sprouted up at showrooms across the U.S. and Europe in recent weeks President Donald Trump said that protesters who are vandalizing Tesla’s showrooms and charging stations should be considered domestic terrorists. The electric vehicle maker has been rocked by protests and vandalism in recent weeks as chief executive Elon Musk has …
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US Interior Chief Pitches Resources on Federal Lands as Assets Worth Trillions
By Ari Natter Donald Trump’s Interior Secretary is making the case that the oil, gas and minerals in the vast federal lands and waters he is charged with overseeing should be viewed as part of “America’s balance sheet” worth trillions of dollars. Secretary Doug Burgum plans to tell thousands of oil and gas executives gathered …
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Northvolt, Europe’s Great EV Hope, Files for Bankruptcy After Failing to Reach Rescue Deal
Company once seen as the answer to domestic battery production Northvolt AB filed for bankruptcy in Sweden, bringing to an end a company that was once seen as the future of Europe’s battery production. The Swedish supplier for electric-vehicle manufacturers will see its business and its assets sold by a Swedish court-appointed trustee, according to …
Enbridge Appoints Steven Williams to Chair of the Board
Enbridge has appointed Steven Williams to lead the board of directors following Pamela Carter’s retirement as chair.
Exxon to Raise Output to 5.4 mln boepd by 2030 From 4.3 mln, Exec Says
(Reuters) – Exxon Mobil expects to raise output to 5.4 million barrels of oil equivalent per day in 2030, up from 4.3 million boepd now, the company’s president of upstream said on Wednesday. The production areas that the company is focused on for growth are Guyana, top U.S. oilfield the Permian, and the liquefied natural …
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US Crude Inventories Rise, Fuel Draws Down Amid Ongoing Maintenance, EIA Says
(Reuters) – U.S. crude oil stockpiles rose and fuel inventories fell last week as seasonal refinery maintenance season ticked along, the Energy Information Administration (EIA) said on Wednesday. Crude inventories rose by 1.4 million barrels to 435.2 million barrels in the week ended March 7, the EIA said, compared with analysts’ expectations in a Reuters …
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