The Trump administration announced a 10% tariff on Canadian crude exports, but Stratas Advisors does not think the tariffs will have any material impact on Canadian oil production or exports to the U.S.
By Yogi Schulz The oil and natural gas industry refines over 100 million barrels of crude oil daily to produce much more than gasoline. Here’s an overview of how pervasive hydrocarbons are in our economy and how essential hydrocarbons are to the many products we depend on in our modern society. This overview is also …
COMMENTARY: Crude Oil Produces Much More Than Gasoline – Yogi Schulz Read More »
Baker Hughes’ will provide specialty chemicals and related services in support of the Uaru and Whiptail projects in the Stabroek Block.
Feb 3 (Reuters) – Global oil demand will likely be close to current levels in 2040, energy and commodities trader Vitol said in its long-term demand outlook on Monday, with rising consumption later this decade offset by a decline through the late 2030s. The world’s largest independent oil trader expects oil demand – which the …
Vitol Sees 2040 Global Oil Demand Little Changed From Current Levels Read More »
(Reuters) – OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government’s Energy Information Administration from the sources used to monitor its production and adherence to supply pacts. OPEC+ and Donald Trump clashed repeatedly during his first administration in 2016-2020 when the U.S. President …
OPEC+ Rolls Over Oil Policy, Ditches US Government Data Read More »
(Reuters) – U.S. natural gas futures jumped about 9% on Monday on forecasts for colder weather and higher heating demand next week and worries about supplies from Canada related to U.S. President Donald Trump’s sanctions. In 2024, about 9%, or roughly 8.4 billion cubic feet per day (bcfd) of the gas consumed in the U.S. …
US NatGas Prices Jump 9% on Colder Forecast, Sanctions Worries Read More »
Renegade Infrastructure, led by Permian-centric Pinnacle Midstream developers Drew Ward and Jason Tanous, have received a capital commitment from Energy Spectrum Partners.
WTI crude futures were down $0.04, or 0.01%, at $72.49 after climbing as much as 3.7% earlier in the session to reach their highest since Jan. 24 at $75.18.
Shell veteran Paul Goodfellow’s selection as president, CEO and board member of Talos Energy comes after several months of tumult in the company’s C-suite.
Baker Hughes, in partnership with Hanwha Power Systems and Hanwha Ocean, aim to complete a full engine test with ammonia by year-end 2027, Baker Hughes says.
