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COMMENTARY: The Shocking Truth About Activist Actions – Irina Slav

By Irina Slav In 2016, several environmentalist organisations ignited a massive protest against a pipeline project in North Dakota. Some 100,000 people descended on a tiny town in the state, overran it and left it with a bill of $38 million for policing the protests and cleanup. Because they’re environmentalists, you see, and when environmentalists litter, it …

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OPEC+ Issues New Plan for Oil Cuts to Compensate for Overproduction

By Alex Lawler and Ahmad Ghaddar New schedule for 7 members to make compensation output cuts Plan represents monthly cuts of between 189,000 and 435,000 bpd Cuts scheduled to last until June 2026 LONDON, March 20 (Reuters) – OPEC+ on Thursday issued a new schedule for seven member nations to make further oil output cuts …

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US LNG Exporters Stick With Methane Measures Despite EPA Rollbacks

Summary • Trump EPA last week rolled back dozens of regulations • EU retains stricter regulations for greenhouse gas emissions • Japan and South Korea also seek emissions data for LNG imports • Satellites still monitor emissions, even if EPA does not (Reuters) – U.S. liquefied natural gas exporters, seeking to meet standards of overseas …

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China Automaker Turns Heads With EV it Says Charges in 5 Minutes

Here’s how BYD’s Super e-Platform stack up against the competition Chinese automaker BYD Co. is turning heads with claims that it’s developed an electric-vehicle (EV) platform it says will enable drivers to charge an EV in roughly the same time it takes to refuel a gasoline car. From “more features for no more price” and …

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Brookfield Leading Race to Acquire US$10 Billion Colonial Pipeline

Despite Donald Trump’s push to expand domestic energy infrastructure, building new oil and natural gas pipelines remains difficult Brookfield Asset Management Ltd. is emerging as the front-runner to acquire Colonial Pipeline Co., people familiar with the matter said. The investment firm is seen as the strongest contender after final offers were submitted last week, advancing …

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US Crude Stocks Rise More Than Expected But Gasoline and Distillate Inventories Fall – EIA

(Reuters) – U.S. crude stocks rose more than expected even as gasoline and distillate inventories fell last week in a sign of sustained fuel demand, the Energy Information Administration said on Wednesday. Crude inventories rose by 1.7 million barrels to 437 million barrels in the week ended March 14, the EIA said, compared with analysts’ …

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Big Tech’s Data Center Boom Poses New Risk to US Grid Operators

Summary • Data center disconnections threaten grid stability, regulator says • Grid operators face resistance from data centers on proposals for a fix • Texas incidents highlight risks of sudden disconnections by crypto miners BOSTON, March 19 (Reuters) – Data Center Alley, a 30-square-mile stretch outside Washington D.C. and home to more than 200 data …

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Kazakhstan Removes Energy Minister Amid Tensions with OPEC+, Oil Majors

(Reuters) – Kazakhstan’s energy minister will stand down from his role, the country’s presidential office said on Tuesday, as the government struggles to convince U.S. and European oil companies to lower production that exceeds OPEC+ targets. Almasadam Satkaliyev will become the head of the country’s newly created atomic energy agency, the presidential office said in …

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HSBC Forecasts Surplus Oil in 2025, 2026 on Strong Supply, Sluggish Demand Growth

March 18 (Reuters) – HSBC expects the oil market to be in a surplus in 2025 and 2026 due to strong supply and sluggish demand growth, the bank said in a note on Tuesday. The bank said that it expects a surplus of 200,000 barrels per day this year, revising its a previous forecast of …

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Tesla Warns it Faces Retaliation, Costs From Trump Trade War

EV maker signals concern over potential retaliatory moves by other countries as a trade war escalates Bloomberg News Tesla Inc. is signalling concern over potential retaliatory moves by other countries as a trade war escalates in the wake of President Donald Trump’s moves to impose tariffs on a wide range of imports. The electric-car maker …

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