US Approves LNG Export Extension for Golden Pass

WASHINGTON, March 5 (Reuters) – The U.S. Department of Energy said on Wednesday it has approved an extension of a permit for exports of liquefied natural gas from a Golden Pass LNG LLC project, jointly owned by QatarEnergy ExxonMobil (XOM.N), being built in Texas. The approval will grant additional time to begin LNG exports to …

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Trump’s Tariffs on Canada Could Make US Power Bills Even Pricier

By Laila Kearney US is a net importer of electricity from Canada Northeast US could be hardest hit by energy tariffs on Canada US grid operators are unclear if tariffs apply to power NEW YORK, March 5 (Reuters) – Swelling U.S. power prices may rise even faster in some parts of the country if 10% …

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Exclusive: US Withdrawing From Plan to Help Major Polluters Move From Coal, Sources Say

By Tim Cocks, Francesco Guarascio and Fransiska Nangoy JETP formed to aid transition from coal South Africa, Indonesia, Vietnam and Senegal first beneficiaries US informs South Africa of decision to withdraw March 5 (Reuters) – The United States is withdrawing from the Just Energy Transition Partnership, a collaboration between richer nations to help developing countries …

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Trump, Trudeau Set to Speak on Wednesday Amid Tariff Battle, Source Says

(Reuters) – U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau are scheduled to a speak on Wednesday, a day after Trump’s new 25% tariffs on imports from Mexico and Canada took effect, according to a source with knowledge of the matter. The tariff moves, which could upend nearly $2.2 trillion in annual trade, …

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US Crude Stocks Rise, Gasoline and Distillate Inventories Fall – EIA

(Reuters) – U.S. crude stocks rose while gasoline and distillate inventories fell in the week ending February 28, the Energy Information Administration said on Wednesday. Crude inventories rose by 3.6 million barrels to 433.8 million barrels in the week, the EIA said, compared with analysts’ expectations in a Reuters poll for a 341,000-barrel rise. Crude …

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US Natgas Prices Hit Fresh 26-Month High on Canada Tariffs Worries, Record LNG Flows

(Reuters) – U.S. natural gas futures edged up to a fresh 26-month high on Wednesday on record flows to liquefied natural gas export (LNG) plants and forecasts for higher demand this week than previously expected. Traders said prices also gained support on worries gas exports from Canada to the U.S. could decline due to U.S. …

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Key US Energy Data Trends to Track as Tariffs Kick In

By Gavin Maguire LITTLETON, Colorado, March 5 (Reuters) – Energy product traders, utilities, investors and business executives are among those scrambling to assess the likely impact of new steep tariffs on the United States’ largest trade partners, which kicked in on Tuesday. New 25% tariffs on imports from Mexico and Canada, along with a doubling …

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