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U.S. Dependence on Canada’s Oil Should Deter Trump Tariffs, Industry Says

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

Summary Most of Canada’s 4 million bpd of oil exports to go U.S. U.S. cannot easily replace Canadian barrels Stronger U.S. dollar could benefit Canadian producers, says analyst (Reuters) – Canada’s energy industry does not expect U.S. President-elect Donald Trump’s broad plans for protectionist trade measures will include tariffs on Canadian oil imports, because many …

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U.S. Sets Methane Fee on Oil, Gas Emitters as Biden Term Winds Down

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

A flare burns off excess gas from a gas plant in the Permian Basin in Loving County, Texas, U.S., November 21, 2019. REUTERS/Angus Mordant/File Photo Summary Repeal of methane fee likely during Trump presidency Methane fee starts at $900 per metric ton in 2024 Applies to facilities emitting over 25,000 T of CO2 equivalent annually …

U.S. Sets Methane Fee on Oil, Gas Emitters as Biden Term Winds Down Read More »

Shell Wins Appeal Against Landmark Dutch Climate Ruling

CDN and International News, Latest, LNG, Natural Gas, Oil / By

Summary Appeals court dismisses 2021 ruling Friends of the Earth says will continue to fight polluters COP29 take place in Baku to seek progress on curbing emissions (Reuters) – Oil and gas major Shell (SHEL.L) on Tuesday won an appeal against a landmark ruling that required it to accelerate carbon reduction efforts, dealing a blow to campaigners …

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US Natgas Prices Soar 10% to 5-Week High on Output Drop, Jump in Demand

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

U.S. natural gas futures soared about 10% to a five-week high on Monday on a drop in daily output over the past few days and forecast for much cooler weather and more heating demand over the next two weeks than previously expected. That heating demand should cause utilities to start pulling gas out of storage …

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Trump Win Upends the Fight for Climate Cash at COP29

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

Nearly 200 nations meeting at an annual United Nations summit this week must now consider how to avoid catastrophic climate change without help from the world’s biggest economy. This year’s United Nations’ climate talks were never going to be easy. The world is in the midst of two major wars in Ukraine and the Middle East. COP29, as the summit …

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Trump’s Plan to Unleash Oil Will Hit a Cash Problem

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

Fossil-fuel executives backed the Republican’s campaign but don’t necessarily share his views on production growth. Pumpjacks operate on oil wells in the Permian Basin, Texas.   Bloomberg Days before being elected the 47th US president, Donald Trump made a bold promise that he’d slash energy prices by 50%. “I’ll get those guys drilling,” he told supporters …

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More Than a Quarter of U.S. Gulf of Mexico Oil, 16% of Natural Gas Offline

Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Offshore, Oil, US News / By

By Reuters (Reuters) – More than a quarter of U.S. Gulf of Mexico oil and 16% of natural gas output remained offline in the aftermath of storm Rafael, the U.S. offshore energy regulator reported on Sunday. There were 482,790 barrels of oil and 310 million cubic feet of natural gas production shut-in on Sunday, offshore regulator …

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Trump-Led Oil & Gas Export Boom May Go Bust in Europe Trade Spat

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

(Reuters) – Oil and gas producers in the United States expect to find it easier to ramp up production and exploration under the incoming second administration of Donald Trump. Finding local and lucrative markets for their wares may be the bigger challenge. Producers expect the new administration to streamline permit processes relating to fossil fuel …

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How Trump’s Second Administration Affects Business: Energy, Musk, Tariffs and More

Coal, Conventional Energy, Latest, LNG, Natural Gas, Oil, Renewable Energy, Solar, US News, Wind / By

Donald Trump’s return to the White House after winning the Nov. 5 U.S. presidential election may reshape American business. Much depends on whom he appoints as deputies and cabinet members, including the role of Tesla CEO Elon Musk, and what tariffs he enacts. Following are some major issues and sectors to watch: WHAT ROLE WILL …

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Who Could Run Trump’s Pro-Drilling Energy Policies?

Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, LNG, Natural Gas, Oil, Tri-Pinned, US News / By

(Reuters) – President-elect Donald Trump has promised to overhaul U.S. energy policy, with an aim of maximizing the country’s already record-high oil and gas production by rolling back regulation and speeding up permitting. Who will he choose to run the key departments and agencies to get this work done? Here are some of the names …

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