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Japan engages in “unfair” automobile trade with the United States and should increase its imports of U.S. energy resources and other goods to help reduce the U.S. trade deficit, President Donald Trump said in an interview broadcast on Sunday. Tokyo is scrambling to find ways to get Washington to exempt Japan’s automakers from 25% automobile …
Japan Auto Trade ‘Unfair’, Could Buy More US Oil, Trump Tells Fox News Read More »
(The opinions expressed here are those of the author, a columnist for Reuters) *Israel halted gas exports to Egypt after start of war with Iran *Exports were resumed on June 23, but highlight Egypt’s gas supply challenges *Egypt gas production declined sharply in recent years, unlikely to recover soon By Ron Bousso LONDON, June 30 …
Mideast War Highlights Egypt’s Energy Weak Spot: Bousso Read More »
(Reuters) – U.S. energy firms cut the number of oil and natural gas rigs operating for a fourth month in a row to the lowest since October 2021, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by …
U.S. natural gas futures jumped about 6% to a one-week high on Friday as the amount of gas flowing to liquefied natural gas (LNG) export plants started to edge up as more plants exit spring maintenance reductions. On their first day as the front-month, gas futures for August delivery on the New York Mercantile Exchange …
US Natgas Prices Jump 6% to 1-Week High on Increase in Flows to LNG Export Plants Read More »
NEW YORK, June 27 (Reuters) – California’s energy regulator on Friday issued recommendations to Governor Gavin Newsom to support timely fuel imports and explore ways to retain operations at existing refineries in the state. Newsom had earlier this year asked the California Energy Commission to recommend changes to the state’s energy transition efforts, as it …
California Should Support Fuel Imports, Find Ways to Retain Refiners, Regulator Says Read More »
By Erwin Seba Sources say OPEC+ planning 411,000 bpd output boost in August Brent, WTI down 12% this week, most since March 2023 No major supply disruption from Middle East crisis, analysts say HOUSTON, June 27 (Reuters) – Oil prices edged up slightly on Friday, recovering from a midday drop into negative territory following a …
Oil Steadies After Report of Planned OPEC+ August Output Hike Read More »
(Reuters) – U.S. energy firms cut the number of oil and natural gas rigs operating for a fourth month in a row to the lowest since October 2021, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by …
US Oil and Gas Rig Count Falls for Fourth Month to Oct 2021 Low, Baker Hughes Says Read More »
Moratorium does little to improve marine safety while sending the wrong message to energy investors By Will Gibson Follow CEC on LinkedIn CEC LinkedIn Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter The Port of Prince Rupert on the north coast of British Columbia. Photo courtesy Prince Rupert Port Authority In 2019, Martha Hall …
Why it’s Time to Repeal the Oil Tanker Ban on B.C.’s North Coast Read More »
By Dorothy Neufeld | Graphics/Design by Sabrina Lam Visualizing the Countries With the Largest Proven Oil Reserves This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Key Takeaways With 303 billion barrels in proven oil reserves, Venezuela leads globally. Saudi Aramco …
Visual Capitalist: Visualizing the Countries With the Largest Proven Oil Reserves Read More »
(Reuters) – The world’s largest group of oil producers, OPEC+, is set to announce another big increase of 411,000 barrels per day in production for August as it looks to regain market share, four delegates from the group told Reuters. If the increase is agreed, it would bring the total rise in supply from OPEC+ …
OPEC+ Set to Make Another Accelerated Oil Output Hike for August, Sources Say Read More »
