Trump says he wants universal levy to “protect our country” Trump earlier pledged tariffs on chips, pharma, steel, copper President Donald Trump said he wants to enact across-the-board tariffs that are “much bigger” than 2.5%, the latest in a string of major signals Monday that he’s preparing widespread levies to reshape US supply chains. “I have it …
Trump Pledges Tariffs ‘Much Bigger’ Than 2.5% and on Key Sectors Read More »
Shares of U.S. power, utility and natural gas companies sold off on Monday in some of the biggest recorded one-day drops, as new AI technology from Chinese start-up DeepSeek cast doubt on a projected surge in U.S. electricity demand and tech spending. Power producers were among the biggest winners in the S&P 500 last year …
US Power Stocks Plummet as DeepSeek Raises Data Center Demand Doubts Read More »
Lyondell Basell Industries began shuttering its 263,776 barrel-per-day (bpd) Houston refinery on Monday for permanent closure, said people familiar with plant operations.The shutdown of the refinery is expected to be completed by early February as the refinery has only a few days of supply of crude oil on hand, the sources said.
Double Eagle IV ramped up oil and gas production to more than 120,000 boe/d in November 2024, Texas data shows. The E&P is one of the most attractive private equity backed M&A targets left in the Permian Basin.
Here’s a roundup of the latest E&P headlines including new drilling in the eastern Mediterranean and new contracts in Australia.
The bolt-on of Apex Energy II upstream and midstream assets expands CNX’s stacked Marcellus and Utica undeveloped leaseholds.
The CEO of NextEra Energy, which has entered a partnership with Ge Vernova, said natural gas, renewables and nuclear energy will be needed to meet rising power demand.
vWiner storm Enzo knocked out the Quintana Island, Texas plant’s electrical supply on Jan. 21.
First Ammonia awarded a FEED contract to Worley for its electric ammonia facility in Victoria, Texas, along the Gulf Coast.
Donald Trump made liberal use of emergency powers during his first stint as US president and is employing the same playbook this time around. Just hours after being sworn into office for a second term, he declared that the domestic energy landscape and situation at the border with Mexico constitute national emergencies. By designating something …
What It Means When Trump Declares a National Energy Emergency Read More »
