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Responding to Trump’s Tariff War: Ontario Premier to Impose 25% Tariff on Power to Three U.S. States Affecting 1.5 Million Homes

Affects 1.5 million homes in Minnesota, Michigan and New York Bloomberg News Ford has written letters to the governors of those states to inform them of the surcharge, he told reporters at the provincial legislature. “If these tariffs persist, if the Trump administration follows through on any more tariffs, we will immediately apply a 25 …

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Ontario Threatens Surcharge on Electricity to Three U.S. States as a Result of Trump Tariff War on Canada

Ontario, Canada’s most populous province, on Tuesday said that if U.S. tariffs persisted, it would impose a 25% surcharge on electricity exports to New York, Michigan and Minnesota. Premier Doug Ford also told reporters that Ontario would ban U.S. companies from provincial procurement contracts and was ripping up a contract with Elon Musk’s Starlink.

COMMENTARY: How to Solve America’s Electricity Crisis – Alex Epstein

My testimony for the House Oversight Committee’s hearing on “Leading the Charge: Opportunities to Strengthen America’s Energy Reliability.” By Alex Epstein Below is a video of my spoken testimony and Q&A, along with my prepared remarks, for last week’s House Oversight Committee’s hearing on “Leading the Charge: Opportunities to Strengthen America’s Energy Reliability.” Introduction America …

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South Korea Expressed Interest in Alaska Gas Pipeline Project, Yonhap Says

South Korea, a leading fossil fuel importer, has expressed interest in participating in a $44 billion gas pipeline in Alaska in the form of a joint development between South Korea, the U.S. and Japan, Yonhap News Agency reported on Tuesday.   South Korean Industry Minister Ahn Duk-geun indicated interest in joining the Alaska gas project …

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OPEC+’s ‘Healthy’ Crude Oil Market is an Illusion, Trump Effect Isn’t: Russell

The OPEC+ group of crude oil exporters justified their decision to increase production by pointing to “the healthy market fundamentals and the positive market outlook.” They must be looking at a completely different market to the rest of us. OPEC+, which includes the Organization of the Petroleum Exporting Countries, plus Russia and other allies, said …

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OPEC’s Oil Output Rises to One-Year High Before Planned Revival

By Grant Smith, Julian Lee, and Bill Lehane OPEC’s crude production rose to the highest level in more than a year ahead of the group’s planned supply revival, driven by gains in Iraq, Venezuela and the United Arab Emirates. Output increased by 240,000 barrels a day last month to a daily average of 27.35 million …

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Baker Hughes, Frontier Infrastructure Announce Partnership to Accelerate Development of Carbon Capture and Storage, Data Center Projects in the U.S.

March 3, 2025 Frontier’s SCS Hub, spanning nearly 100,000 acres in Wyoming, will provide open-access CO₂ storage for industrial emitters and ethanol producers using its CO₂-by-rail strategy Baker Hughes will provide key CCS and power generation technologies, including CO₂ compression, well design, and its industrial NovaLT™ gas turbines to support power solutions for data centers …

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Superior Energy Services Acquires Rival Downhole Tools

HOUSTON, Feb. 28, 2025 (GLOBE NEWSWIRE) — Superior Energy Services, Inc (“Superior”) announced the acquisition of Rival Downhole Tools (“Rival”), an industry-leading provider of premium downhole drilling tools. “This acquisition is part of Superior’s ongoing efforts to expand our position in the oilfield services sector by providing technologies that enhance our customers’ efficiencies and reduce …

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VAALCO Energy, Inc. Acquires 70% Interest in and Becomes Operator of Offshore Côte D’Ivoire CI-705 Block

HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“Vaalco” or the “Company”) announced that it has farmed into the CI-705 block offshore Côte d’Ivoire. Vaalco will become operator of the block with a 70% working interest and a 100% paying interest though a commercial carry arrangement and is partnering …

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What are Rare Earth Metals and Why are They in Demand?

Trump wants rare earth.What are rare earth elements and why are they important? (Reuters) – Rare earth metals are making headlines as demand rises for products from smartphones to wind turbines, and as governments seek secure supply. Here are some basic facts about them: WHAT ARE THEY? Rare earths are a group of 17 elements …

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