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Summary Preliminary deal for 100,000 metric tons over several years Arkansas must first set lithium royalty rate Exxon sees lithium demand rising despite Trump’s EV comments Exxon still deciding on which direct lithium extraction technology to use HOUSTON, Nov 20 (Reuters) – Exxon Mobil said on Wednesday it has signed a non-binding lithium supply deal …
Exxon Mobil Signs Non-Binding Lithium Supply Deal with LG Chem Read More »
(Reuters) – Oil was broadly stable on Wednesday as concerns about escalating hostilities in the Ukraine war potentially disrupting oil supply from Russia offset data showing rising U.S. crude stocks. Brent crude futures for January were up 22 cents, or 0.3%, to $73.53 a barrel at 1026 GMT. U.S. West Texas Intermediate crude futures for …
Oil Little Changed as Market Weighs Mixed Drivers Read More »
(Reuters) – Oil production in North Dakota, the third-largest producing state in the U.S., rose by 20,000 barrels per day (bpd) to 1.2 million bpd in September, monthly data from the state’s Industrial Commission showed on Tuesday. September’s production was the highest since April but will likely outpace October’s output, after wildfires crossed into key …
North Dakota Oil Production Hits 5-Month High in Sept, State Regulator Says Read More »
(Reuters) – The return to service of BP’s Whiting, Indiana refinery has been delayed, industry sources said. BP started the planned turnaround activity at its 435,000 barrel-per-day refinery in late September. The refinery began restarting units involved in the turnaround in early November. A source said at least two of the units have experienced startup …
BP’s Whiting Refinery in Indiana Delays Return to Service, Sources Say Read More »
By Robert Cyran NEW YORK, Nov 19 (Reuters Breakingviews) – Want to know how much oil the United States could produce? Don’t look at the occupant of the White House for direction. Over the past five decades, it has not mattered. President-elect Donald Trump may want oil companies to “drill, baby, drill” but more important …
CALGARY — Donald Trump’s return to the White House is good news for Canada’s energy sector and an opportunity for TC Energy Corp., the CEO of the Calgary-based pipeline company said Tuesday. François Poirier made the comments in a phone interview following TC Energy’s investor day presentation in Toronto. He said the former U.S. president’s …
TC Energy CEO Sees Opportunity in Trump Win as Company Refocuses on Natural Gas Read More »
(Reuters) – TC Energy said on Tuesday it expects 2025 core profit to be in the range of about C$10.7 billion ($7.63 billion) to C$10.9 billion ($7.78 billion), higher than its 2024 forecast, due to rising demand for natural gas and electrification. The U.S. Energy Information Administration, in its latest short-term energy outlook report, saw the …
TC Energy Forecasts Higher 2025 Core Profit on Natgas, Electricity Demand Read More »
Summary Johan Sverdrup field partially resumes output Biden allows Ukraine to use U.S. weapons to strike into Russia U.S. crude slips into contango, suggesting easing supply tightness (Reuters) – Oil slipped on Tuesday pressured by the restart of production at Norway’s Johan Sverdrup oilfield, although investor caution arising from fears of an escalation in the Russia-Ukraine war …
Oil Slips on Sverdrup Field Restart, Geopolitical Fears Support Read More »
U.S. oilfield services firm Liberty Energy said on Monday it plans to appoint Ron Gusek as its CEO if current Chief Executive Chris Wright is confirmed as the U.S. Secretary of Energy. President-elect Donald Trump named Wright, who founded Liberty in 2011, as his pick to lead the energy department on Saturday. Wright’s appointment is …
Liberty Energy Names Successor After Trump Picks CEO Wright as Energy Secretary Nominee Read More »
by Terry Winnitoy, EnergyNow The Keystone XL Pipeline, proposed in 2008, was designed to transport Canadian crude oil from Alberta to refineries in the United States, specifically to Steele City, Nebraska, and onward to refineries in Illinois and Texas, as well as to an oil pipeline distribution center in Cushing, Oklahoma. Spanning approximately 1,179 miles …
What Will Be the Future of the Keystone XL Pipeline Under President Trump? Read More »
