REALITY – COMMENTARY: Trump’s Dream of Energy Dominance Relies on Canada

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

Why risk our relationship with a giant, friendly oil producer that US refiners depend upon? By Liam Denning Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column. In theory, President Donald Trump’s threat of sweeping tariffs against …

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Oil Prices Held Down by Trump Tariff Uncertainty

Conventional Energy, Latest, Oil, US News / By

Summary • Recent gains eroded by mixed market drivers, says analyst • Trump tariffs could dampen global oil demand growth • Higher U.S. crude stocks also pressure prices (Reuters) – Oil prices were little changed on Thursday, maintaining almost all of the previous session’s losses on uncertainty over how U.S. President Donald Trump’s proposed tariffs …

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Ovintiv Announces Closing of Uinta Asset Sale

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DENVER, Jan. 22, 2025 /PRNewswire/ – Ovintiv Inc. (NYSE, TSX: OVV) (“Ovintiv” or the “Company”) today closed the previously announced all cash sale of substantially all its Uinta assets, located in Utah, to FourPoint Resources, LLC, for approximately $2 billion. “The Uinta sale builds on our track record of unlocking significant value from our non-core assets while focusing our …

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Newmark Arranges $2.3 Billion Construction Financing for 206 MW Build-to-Suit Data Center

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NEW YORK, Jan. 22, 2025 /PRNewswire/ — Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the firm has arranged a $2.3 billion loan to capitalize a 206 megawatt (MW), Build-to-Suit data center development in …

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North Dakota Oil Output Down About 70,000-100,000 bpd Due to Cold Weather

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North Dakota’s oil production was estimated to be down by between 70,000 barrels per day (bpd) to 100,000 bpd due to extreme cold weather and related operational challenges, the state’s pipeline authority said on Wednesday. “Milder winter temperatures have returned in the region, and we anticipate that the majority of the lost production will return …

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Investors Balked at Venture Global’s Earnings Outlook Before IPO Price Cut

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By Echo Wang, Curtis Williams and David French Company cuts upper valuation guidance to $65 bln from $110 bln Investors balked at long-term sales guidance in IPO prospectus IPO a rare opportunity to buy equity in U.S. LNG exporter Also seen as test of investor faith in Trump pro-energy agenda Jan 22 (Reuters) – Venture …

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Trump’s Climate Withdrawal Creates Rare Discord With Big Oil

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By Valerie Volcovici and Sheila Dang Withdrawal from Paris agreement increases regulatory ambiguity, risks US energy firms planning long-term investments in technologies aimed at fighting climate change US oil industry prefers engagement in global climate talks WASHINGTON, Jan 22 (Reuters) – U.S. oil and gas producers are thrilled that President Donald Trump wants to encourage …

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