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Executive order on energy could restart export permit approval Broad energy package planned for Trump’s first days in office President-elect Donald Trump’s transition team is crafting an executive order to lift a moratorium on natural gas export permits that was put in place by the Biden administration, people familiar with the matter said. The move …
Trump Team Preparing Early Action to End Biden’s LNG Pause Read More »
Company expects regulatory changes in Trump’s second term Sees North American natural gas demand growing as much as 30% BP Plc anticipates strong growth in the US as President-Elect Donald Trump improves regulations on the oil and gas industry just as artificial intelligence boosts energy demand. “We look forward to the Trump presidency,” BP Chief Executive Officer Murray Auchincloss said …
Nov 26 (Reuters) – Chevron (CVX.N) said on Tuesday that California’s recently enacted legislation on oil refineries needing to maintain minimum fuel stocks was “flawed,” according to a letter sent by the company to state Congress members. California, the most populous U.S. state, consistently experiences some of the nation’s highest average gas prices, leading to …
Chevron Sees California’s Fuel Inventory Law Raising Prices for Customers Read More »
(Reuters) – U.S. oil and gas lobbying groups said on Tuesday they were wary of President-elect Donald Trump’s threat of tariffs on Canada and Mexico, saying such policies could affect consumers, industry and security. Trump, who takes office on Jan. 20, vowed to impose a 25% tariff on imports from Canada and Mexico, two of …
US Energy Lobbying Groups Wary About Trump Tariffs Threat Read More »
(Reuters) – Australia’s Woodside Energy expects the global market for liquefied natural gas (LNG) to grow by 50% in the coming decade, its CEO said on Tuesday. “Over the last decade the LNG market grew by 50%. We anticipate it will grow by another 50% in the coming decade,” Meg O’Neill told the Energy Intelligence …
LNG Market to Grow by 50% in the Coming Decade, Says Woodside’s O’Neill Read More »
Citigroup cuts price target on U.S.-based oil and gas companies as challenges for the energy sector carry over into 2025 Brokerage sees no scope for OPEC+ to reverse production cuts in 2025, leaving an est. 8 mln barrels per day (mbpd) of global oil market capacity on the sidelines Says “while we expect OPEC+ to …
Citigroup Sees Energy Challenges Persisting in 2025, Cuts PT on US Oil Firms Read More »
The global supply of new liquefied natural gas could take longer to come on stream than expected by the International Energy Agency, with predictions differing by a year or more, Norway’s Equinor said on Tuesday. The IEA expects a wave of LNG to come to market in late 2025 or into 2026 as projects are …
New LNG Supply to be Limited in the Next Two Years, Equinor Says Read More »
Goldman Sachs expects no near-term impact on global gas supplies due to the potential approval for proposed U.S. liquefaction projects, as they would need government clearance as well as long-term contracts to go ahead, it said in a note on Monday. President-elect Donald Trump’s team plans to roll out an energy package within days of …
Trump Nod for LNG Projects Could Boost Supply Only from 2027, Goldman Says Read More »
Summary Adani Green at centre of U.S. indictment of billionaire founder Adani aims to develop world’s biggest renewables park Partner TotalEnergies not to invest more in Adani for now Adani Green targets 50GW production by 2030 NEW DELHI, Nov 26 (Reuters) – Betting big on the clean energy goals of Indian Prime Minister Narendra Modi, …
Adani’s ‘Renewable Energy Marvel’ trapped in US Bribery Indictment Read More »
(Reuters) – The supply of oil and gas will be plentiful, with oil markets being “comfortable” this year and next unless major geopolitical escalation happens, the head of the International Energy Agency (IEA) Fatih Birol told a conference in Norway on Tuesday. Global oil supply will exceed demand in 2025 even if OPEC+ cuts remain …
IEA chief Birol Sees ‘Comfortable’ Oil Markets, Unless Geopolitical Shock Read More »
