Latest

How Natural Gas Became America’s Most Important Export

The White House’s LNG-powered diplomacy will only expand in Trump’s second term. Ripping up old alliances and turning the post-World War II axis on its head would have been impossible for any previous American president because of the insatiable US thirst for imported energy. But the Trump White House is able to lean on an …

How Natural Gas Became America’s Most Important Export Read More »

US Natural Gas Prices Climb on Cold Weather, Supply Concerns Ahead of Summer

U.S. natural gas prices rose on Friday, setting their best weekly performance in two months, as colder-than-usual weather fueled concerns over supply replenishment ahead of summer when demand typically increases for power generation to run air conditioners. Front-month gas futures for April delivery on the New York Mercantile Exchange were up 9.7 cents, or 2.3%, …

US Natural Gas Prices Climb on Cold Weather, Supply Concerns Ahead of Summer Read More »

Oil Up, But Off Highs as Trump Warns New Russia Sanctions Possible

Summary • Brent and WTI fall more than 3% over the week • Trade war risks and OPEC+ supply increase weigh on market HOUSTON, March 7 (Reuters) – Oil prices gained on Friday but retreated from session highs after U.S. President Donald Trump threatened sanctions on Russia if it fails to reach a cease-fire with …

Oil Up, But Off Highs as Trump Warns New Russia Sanctions Possible Read More »

US Mulls How to Ease Russia Energy Sanctions Quickly if War Ends, Sources Say

(Reuters) – The U.S. government is studying ways it could ease sanctions on Russia’s energy sector as part of a broad plan to enable Washington to deliver swift relief if Moscow agrees to end the Ukraine war, according to two sources familiar with the matter. Reuters had reported earlier in the week that the United …

US Mulls How to Ease Russia Energy Sanctions Quickly if War Ends, Sources Say Read More »

Canadian Natural Resources Says Tariffs Not Changing Appetite for Acquisitions

The oilsands company will now pay a quarterly dividend of 58.75 cents per share CALGARY — Oil and gas heavyweight Canadian Natural Resources Ltd., fresh off two major deals, says volatility from U.S. tariffs isn’t making it hungrier for more acquisitions. On its fourth-quarter conference call Thursday, an analyst asked Canadian Natural president Scott Stauth …

Canadian Natural Resources Says Tariffs Not Changing Appetite for Acquisitions Read More »

Tesla Erases US$700 Billion ‘Trump Bump’ as Sales Slide

The rapid decline in Tesla’s shares has pushed them into what chart-followers call an oversold zone A slide in Tesla Inc. on Friday is capping off a round trip of epic proportions in the company’s shares. Expectations that the electric-vehicle maker would benefit from chief executive Elon Musk’s close relationship with President Donald Trump made …

Tesla Erases US$700 Billion ‘Trump Bump’ as Sales Slide Read More »

US Crafting Plan to Stem Coal-Plant Closures, Energy Chief Says

By Ari Natter The Trump administration is working on a “market-based” plan to stem the closure of US coal-fired power plants as it seeks to supply more electricity before an expected boom in demand from artificial intelligence, Energy Secretary Chris Wright said. Wright, who also serves as the vice-chair of the White House’s National Energy …

US Crafting Plan to Stem Coal-Plant Closures, Energy Chief Says Read More »