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Shale-Oil Bosses Slam Trump’s Tariffs in Anonymous Survey

Conventional Energy, Latest, Oil, US News / By

By Emma Sanchez Shale-oil executives assailed President Donald Trump’s trade policies in an anonymous survey, saying his barrage of tariffs were sowing confusion and undermining his goal to unleash America’s energy might. “The administration’s chaos is a disaster for the commodity markets,” one executive said in the report released Wednesday by the Federal Reserve Bank …

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US Oil and Gas Activity Edged Up in the First Quarter, Dallas Fed Says

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

(Reuters) – Activity in the U.S. oil and gas sector increased slightly in the first quarter of 2025, but uncertainty and pessimism among companies also rose, a Dallas Fed survey showed on Wednesday. U.S. President Donald Trump has promised to unleash U.S. energy dominance, declaring a national energy emergency on his first day in office. …

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Biden Administration Wrongly Nixed Oil, Gas Leases in Alaska Refuge, US Judge Rules

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

(Reuters) – A federal judge in Alaska ruled that former President Joe Biden’s administration lacked the authority to cancel oil and gas leases that had been issued for development within the Arctic National Wildlife Refuge. U.S. District Court Judge Sharon Gleason in Anchorage on Tuesday sided with a state-owned economic development public corporation in Alaska …

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US Crude Stockpiles Fall as Refining Continues to Rise, EIA Says

Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, Oil, US News / By

(Reuters) – U.S. crude oil inventories fell last week as refiners continued to ramp up production, while gasoline and distillate stockpiles also dropped, the Energy Information Administration said on Wednesday. Crude inventories fell by 3.3 million barrels to 433.6 million barrels in the week ended March 21, the EIA said, compared with analysts’ expectations in …

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COMMENTARY: Welcome to the Age of Big Oil’s Managed Decline

Conventional Energy, Latest, Oil, US News / By

By Ron Bousso Oil majors cut spending, boost shareholder returns amid uncertainty Exxon Mobil bucks trend with increased spending, production plans Peak demand narrative persists despite geopolitical energy shocks LONDON, March 26 – Top oil and gas companies are losing confidence in the outlook for their core businesses. Recent strategy updates by leading European and …

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Shell CEO Says Pursuing Major Deal Risks Being a Distraction

CDN and International News, Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, LNG, Mergers and Acquisitions, Oil / By

Shell CEO Wael Sawan says the company will continue to look for potential acquisitions, but warns of the risks of pursuing a major deal. Summary by Bloomberg AI Sawan expects smaller-scale, bolt-on acquisitions centered around upstream production, and says the company is always looking at dealmaking prospects in Europe and beyond. Summary by Bloomberg AI …

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Mizuho Cuts EOG Resources to ‘Neutral’ on Inventory, Margin Worries

Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Oil, US News / By

Mizuho cuts EOG Resources to “neutral” from “outperform”, PT by $8 to $140, still a 9.2% upside to last close Says a key concerns is depth and quality of EOG’s remaining shale inventory, esp in oil-focused basins like Delaware, Eagle Ford Adds cash margins per barrel seems to be declining due to higher cash taxes, …

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Mexico’s Pemex Looks to Diversify Market Amid Trump Tariff Threats

CDN and International News, Conventional Energy, Latest, Oil / By

Mexican state energy company Pemex is actively looking to diversify its market for both motor fuel imports and crude oil exports, the head of its international trading unit PMI said on Tuesday. “If new opportunities in other markets open, we’ll pursue them and are pursuing them,” PMI Chief Executive Officer Margarita Perez said during a …

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US Army Corps to Narrow List of Emergency Energy Projects by Next Week

Conventional Energy, Energy Topics & Technology, Latest, Oil, Pipelines, US News / By

(Reuters) – The Army Corps of Engineers will complete as soon as next week its revised list of energy projects that could be fast-tracked under President Donald Trump’s declaration of a national energy emergency, a U.S. Army Corps official told Reuters. The Army Corps, a federal engineering service with permitting authority over projects involving wetlands …

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Alberta’s Massive Oil and Gas Reserves Keep Growing – Here’s Why

Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Oil, Oilsands / By

Q&A with Mike Verney, executive vice-president, McDaniel & Associates By Deborah Jaremko Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter New analysis commissioned by the Alberta Energy Regulator has increased the province’s natural gas reserves by 440 per cent, bumping Canada into the global top 10. Alberta’s oil reserves …

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