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Trump’s Tariffs on Steel, Aluminum to Raise Costs for US Energy Firms, Experts Say

(Reuters) – U.S. tariffs on steel and aluminum imports are poised to escalate costs for the oilfield service companies behind North America’s vast energy industry, as their operations rely heavily on these metals. Steel is essential for everything from the drilling rigs and pipelines to refineries and storage tanks provided by companies such as ChampionX …

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TC Energy CEO Sees Ramp-Up for Sur de Texas-Tuxpan Pipeline

By Lucia Kassai TC Energy’s Sur de Texas-Tuxpan pipeline that transports natural gas from Texas to Mexico is expected to ramp up in coming months as the Southeast Gateway conduit starts service on May 1, Chief Executive Officer Francois Poirier said in an interview. Southeast Gateway will deliver gas from the Sur de Texas-Tuxpan line …

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US Tariffs Trigger Outrage From Its ‘Best Friend’ Next Door

Canadian premiers turned a CERAWeek panel into a venting session as measures on steel and aluminum imports take effect. By Millie Munshi and Joe Carroll Welcome to our guide to the energy and commodities powering the economy. This week, we’re coming to you from global oil and gas get-together CERAWeek in Houston, where delegates confront …

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Trump Says Attacks on Tesla Stores are Domestic Terrorism

Protests, largely peaceful, have sprouted up at showrooms across the U.S. and Europe in recent weeks President Donald Trump said that protesters who are vandalizing Tesla’s showrooms and charging stations should be considered domestic terrorists. The electric vehicle maker has been rocked by protests and vandalism in recent weeks as chief executive Elon Musk has …

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US Interior Chief Pitches Resources on Federal Lands as Assets Worth Trillions

By Ari Natter Donald Trump’s Interior Secretary is making the case that the oil, gas and minerals in the vast federal lands and waters he is charged with overseeing should be viewed as part of “America’s balance sheet” worth trillions of dollars. Secretary Doug Burgum plans to tell thousands of oil and gas executives gathered …

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Northvolt, Europe’s Great EV Hope, Files for Bankruptcy After Failing to Reach Rescue Deal

Company once seen as the answer to domestic battery production Northvolt AB filed for bankruptcy in Sweden, bringing to an end a company that was once seen as the future of Europe’s battery production. The Swedish supplier for electric-vehicle manufacturers will see its business and its assets sold by a Swedish court-appointed trustee, according to …

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