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(Reuters) – The European Commission will in the next two weeks present a roadmap on how it intends to phase out all imports of Russian fossil fuels, its President Ursula von der Leyen said at an energy event in London on Thursday. The European Commission has pledged to quit Russian fossil fuels by 2027 in …
EU to Present Roadmap in May to Phase Out All Imports of Russian Fossil Fuels Read More »
(Reuters) – Germany’s domestic gas production fell 2.3% to 4.2 billion cubic metres in 2024 while oil output was stable at 1.6 million metric tons, industry association BVEG said on Thursday. The BVEG companies achieved a turnover of 2.4 billion euros ($2.7 billion) from their German production activities, down from 3 billion euros a year …
German Gas Output Falls 2.3% in 2024, Oil Stable Read More »
(Reuters) – U.S. natural gas futures have fallen from a 26-month high hit last month in part due to investor worries that slower economic growth could reduce the amount of gas needed to power data centers and artificial intelligence (AI) in coming years. Analysts have warned that the fallout from U.S. President Donald Trump’s on-again …
US Natgas Futures Prices Decline on Worries About AI Power Demand Growth Read More »
An unusual consensus around energy policy has emerged in the campaign ahead of Canada’s April 28 election, with the two main candidates both promising to fast track energy projects to diversify oil exports away from the United States. U.S. President Donald Trump’s tariff threats and talk of annexing Canada as the 51st state sparked a …
Trump Threat Vaults Energy Policy to Center Stage in Canada Election Read More »
(Reuters) – U.S. oilfield technology firm Baker Hughes on Tuesday flagged a potential impact on its annual core profit of between $100 million and $200 million due to tariffs. U.S. President Donald Trump’s trade policy has heightened uncertainty in the energy industry, as the ensuing trade war is expected to curb global economic growth and, …
Baker Hughes Flags Tariff Impact on Full-Year Core Profit Read More »
(The opinions expressed here are those of the author, a columnist for Reuters.) *Europe relies heavily on natural gas imports *Surge in LNG production to keep global prices low in coming years *Government reserves would act as critical buffer in case of supply disruption By Ron Bousso April 22 – European governments may have a …
Europe Can Ride LNG Wave to Build Strategic Gas Reserves: Bousso Read More »
(Reuters) – Increasing purchases of U.S. natural gas and oil is a focus of Taiwan’s tariff talks with the United States, President Lai Ching-te said on Tuesday. Lai has pledged to seek a zero tariff regime with the United States and buy more from and invest more in the country, as he seeks to head …
Taiwan Says Buying More US Gas, Oil is a Focus in Tariff Talks Read More »
By Elizabeth Elkin Richard KinderPhotographer: Aaron M. Sprecher/Bloomberg Kinder Morgan Inc. billionaire co-founder Rich Kinder has shrugged off concerns in the US natural gas industry over the impact of tariffs on exports, and that demand forecasts related to artificial intelligence may be too optimistic. Kinder said his company still sees a surge demand from AI …
Gas Pipeline Billionaire Kinder Dismisses Tariff, AI Concerns Read More »
U.S. stock indexes fell and the dollar index slid to a three-year low on Monday as U.S. President Donald Trump’s continued attacks on the Federal Reserve chair and the bank’s monetary policy rattled investors.Safe-haven gold prices hit another record high, while the Swiss franc also rose. Benchmark U.S. Treasury yields edged higher. Trump on Monday …
US Stocks, Dollar Sink as Trump’s Criticism of Fed Chair Worries Investors Read More »
Summary • Concessions awarded in 2019, part of effort to become energy hub • Chevron says it remains committed to working with Egypt • Ministry spokesperson gives assurances over summer gas supply CAIRO, April 18 (Reuters) – A number of multinational oil and gas companies including Chevron have exited their Red Sea oil and gas …
Chevron and Other Companies Exit Egypt’s Red Sea Concessions, Redirect Resources Read More »
