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Ontario Premier Doug Ford Freezes Plan to Slap Surcharge of Electricity Exports to US

(Reuters) – The premier of the Canadian province of Ontario said he was suspending plans to impose a 25% surcharge on electricity exports to the United States and would fly to Washington this week for talks with the Trump administration. Doug Ford made his surprise announcement on Tuesday just hours after telling U.S. networks that …

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CERAWEEK ‘Make energy great again’ says UAE’s ADNOC CEO, Pledging US Gas Investment

By Simon Webb HOUSTON, March 11 (Reuters) – The international investment arm of United Arab Emirates state oil company ADNOC will make a significant investment in U.S. natural gas starting in the coming months, ADNOC CEO Sultan Al Jaber said on Tuesday. The UAE is a member of the OPEC+ producer group and one of …

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CERAWEEK ANALYSIS Small Nuclear Power Struggles at Cusp of US Electricity Demand Boom

By Timothy Gardner SMRs face cost, security, and regulatory challenges U.S. regulatory framework for SMRs is underdeveloped HALEU fuel safety and demand growth concerns persist HOUSTON, March 11 (Reuters) – Everyone from the U.S. energy secretary to Big Tech touts small modular nuclear reactors as a potential answer to booming power demand, but the technology …

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Occidental Petroleum Sees US Oil Output Peaking in Next Five Years

(Reuters) – U.S. oil production will peak between 2027 and 2030, Occidental Petroleum Corp CEO Vicki Hollub said on Tuesday at the CERAWeek conference in Houston, Texas. Her outlook follows U.S. President Donald Trump vowing to bolster fossil fuel production in the U.S. and lower prices for consumers. ConocoPhillips CEO Ryan Lance echoed Hollub’s outlook …

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