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New U.S. Metals Tariffs to Drive up Oilfield equipment Costs, ChampionX Exec Says

Conventional Energy, Energy Topics & Technology, Latest, OFS-Oilfield Services, Oil, US News / By

ChampionX expects new U.S. import tariffs on steel and aluminium to drive up equipment costs for oilfield service firms, a company official said on Tuesday. U.S. President Donald Trump raised tariffs on steel and aluminium imports on Monday to a flat 25% “without exceptions or exemptions” in a move he hopes will aid the struggling …

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Oil Climbs on Supply Worries, Trump Tariffs Check Gains

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary • Brent, WTI up 0.7% after near 2% rise in prior session • Trump imposes 25% import tariffs on steel, aluminium • Fed to wait until next quarter before rate cut, per Reuters poll LONDON, Feb 11 (Reuters) – Oil prices extended gains on Tuesday amid concerns over Russian and Iranian oil supply and …

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Recent Cold Snap Lead to Fourth-Largest NatGas Storage Withdrawal, US EIA Says

Conventional Energy, Latest, Natural Gas, US News / By

(Reuters) – The United States saw the fourth-largest weekly withdrawal from natural gas storage during mid-January as colder-than-normal temperatures boosted consumption, the U.S. Energy Information Administration (EIA) said on Monday. During the week ending January 24, 2025, stocks fell by 321 billion cubic feet (bcf), which was nearly 70% more than the five-year (2020–24) average …

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Energy Transfer to Supply Natural Gas to AI Data Center in Texas

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, US News / By

Oasis Pipeline will provide gas to CloudBurst Texas campus It’s the pipeline company’s first direct-supply deal in AI Pipeline operator Energy Transfer LP will provide natural gas directly to CloudBurst Data Centers, Inc. as companies prepare for an expected boom in power demand from artificial intelligence. Energy Transfer’s Oasis Pipeline, LP, will provide as much as 450,000 million …

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