WhiteWater-Led NatGas Pipeline Traverse Reaches FID
The Traverse natural gas pipeline JV project will give owners optionality along the Gulf Coast.
US Natgas Prices Drop 7% on Reduced Flows to LNG Export Plants, Lower Demand Forecasts
(Reuters) – U.S. natural gas futures dropped about 7% to a five-week low on Friday on a decline in daily liquefied natural gas (LNG) exports and forecasts for mild weather and lower demand over the next two weeks than previously expected. That price drop occurred despite a decline in output so far this month. Gas …
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US Oil Service Firms Set for Hit From Trump Tariffs, Tumbling Oil Prices
(Reuters) – U.S. oilfield service firms are bracing for a hit as President Donald Trump’s tariffs throw supply chains into disarray and tumbling oil prices set the stage for a drop in drilling activity, analysts and financial firms said on Friday. Financial services firm Morningstar lowered its fair value estimates for the big three oilfield …
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Refining Stocks Plunge to Near Two-Year Lows as Trump Tariffs Spur Demand Worries
(Reuters) – Shares of U.S. refiners fell to two-year lows on Friday in the wake of U.S. President Trump’s announcement of new tariffs, as fears of slower oil and fuel demand and weakening refining margins rattled investors. Top refiners Marathon Petroleum, Valero Energy and Phillips 66 have shed more than $20 billion in market capitalization …
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US Oil Rig Count Rises to Highest Since June, Baker Hughes Says
(Reuters) – U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs rose to the highest since June, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early …
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DOE Identifies 16 Sites for Rapid AI Data Center Growth
The Department of Energy is requesting details on potential development approaches to establish AI infrastructure at select sites.
Energy Transition in Motion (Week of April 4, 2025)
Here is a look at some of this week’s renewable energy news, including Maverick Metals securing funding to accelerate commercialization of proprietary critical metals recovery technology.
Acquisitive Public Minerals, Royalty Firms Shift to Organic Growth
Building diverse streams of revenue is a key part of growth strategy, executives tell Oil and Gas Investor.
US Oil Rig Count Rises to Highest Since June
Baker Hughes said oil rigs rose by five to 489 this week, their highest since June, while gas rigs fell by seven, the most in a week since May 2023, to 96, their lowest since September.
Most Canadians Support Building a West-East Oil Pipeline: Poll
The survey was taken in the same week U.S. President Donald Trump escalated a global trade war A man wearing an “I love Canadian pipelines” shirt applauds during a pro-pipeline gathering in downtown Vancouver, Tuesday, June 18, 2019. Photo by THE CANADIAN PRESS/Jonathan Hayward More than three in four Canadians would support publicly funding an …
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