US Oil Imports From Canada Hit Record Ahead of Tariffs Threat, EIA Data Shows

(Reuters) – U.S. crude oil imports from Canada rose last week to the highest on record, data from the U.S. Energy Information Administration (EIA) showed on Wednesday, ahead of incoming U.S. president Donald Trump’s plans to tariff imports. U.S. crude oil imports from Canada rose by 689,000 barrels a day in the week ended Jan. …

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Chevron Targets $6-8 bln in Free Cash Flow Growth Next Year, CEO Says

(Reuters) – Chevron is positioned to increase its free cash flow by $6 billion to $8 billion by next year, and reduce expenses by “a couple billion dollars,” said Chevron CEO Michael Wirth on Wednesday. The No. 2 U.S. oil producer expects results to benefit from the start of new or expanded oil production projects …

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Alaska Wildlife Refuge Drilling Auction Yields No Bids, US Says

(Reuters) – The U.S. Interior Department said on Wednesday that a congressionally mandated oil and gas drilling lease auction in Alaska’s Arctic National Wildlife Refuge received no bids from energy companies. Outgoing President Joe Biden’s administration billed the outcome as proof the 19 million-acre refuge, home to species including polar bears and Porcupine caribou, should …

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