Ring Sells Non-Core Vertical Wells as it Closes in on Lime Rock
Ring Energy Inc. said it sold non-core vertical wells with high operating costs as it works to close an acquisition of Lime Rock Resources IV’s Central Basin Platform assets.
Mexico Won’t Have to Pay Tariffs on USMCA Goods Until April 2, Trump Says
President Trump paused tariffs on Mexico—again—this time for one month.
New Yorkers Stressed by Prices Now Face Higher Electricity Bills
A Consolidated Edison power plant in New York.Source: Education Images/Getty Images By Arvelisse Bonilla Ramos, Josh Saul, and Augusta Saraiva No one expects New York City living to come cheap. But even as rents soar across the five boroughs and egg prices can top $10 per dozen, residents now face the prospect of another cost …
New Yorkers Stressed by Prices Now Face Higher Electricity Bills Read More »
Canada Won’t Scrap Tariffs Unless All US Levies Are Lifted, Official Says
By Brian Platt Prime Minister Justin Trudeau is not open to lifting Canada’s full package of retaliatory tariffs if US President Donald Trump leaves any tariffs on Canada in place, according to a senior Canadian government official. Trudeau’s government is cool to the idea of a “middle ground” settlement in the trade war floated by …
Canada Won’t Scrap Tariffs Unless All US Levies Are Lifted, Official Says Read More »
Google, SLB, Project Innerspace Form Geothermal Partnership
The geothermal partnership between Google Cloud, SLB and Project Innerspace takes shape as energy demand surges, driven in the U.S. by data center growth, the rise of electrification and an increase in manufacturing activity.
Venture Global Shares Slump on Downbeat Annual Core Profit Outlook
March 6 (Reuters) – Venture Global’s (VG.N) shares on Thursday slumped to its lowest level since its debut as the LNG producer forecast its 2025 core profit below Wall Street expectations. Shares of the company fell as much as 22.5% to $11.02 in morning trade as it forecast adjusted core profit between $6.8 billion and …
Venture Global Shares Slump on Downbeat Annual Core Profit Outlook Read More »
Weak Refinery, Export Demand Weakens Prices for Midland Crude Along Texas Coast
By Arathy Somasekhar Cold weather impacts about 1.8 mln barrels of Permian output – analyst Midwest refiners seek Midland crude to cut dependency on Canadian light – analyst U.S., Europe refinery maintenances cut demand at the coast Narrow price differential between WTI Midland and MEH expected to be temporary – analysts to be temporary – …
Weak Refinery, Export Demand Weakens Prices for Midland Crude Along Texas Coast Read More »
EIA Reports Smaller than Expected NatGas Withdrawal-Analysts
A mild end to February shows a surprising demand decrease for natural gas, according to analysts citing U.S. Energy Information Administration data.
Canada Will be in a Trade War With US Started by Trump for Foreseeable Future, Says Trudeau
Canada will continue to be in a trade war with the United States for the foreseeable future, Prime Minister Justin Trudeau said on Thursday, a day after what he called a “colorful” call with President Donald Trump. Trudeau said Canada would continue to engage with senior Trump administration officials about the tariffs, reiterating that his …
Tidewater Sells Canadian Roadway Network for CA$24MM
Canadian midstream company Tidewater Midstream and Infrastructure plans to use proceeds to pay down debt.