WASHINGTON, Aug 15 (Reuters) – U.S. President Donald Trump said on Friday he did not immediately need to consider retaliatory tariffs on countries such as China for buying Russian oil but might have to “in two or three weeks.” Trump has threatened sanctions on Moscow and secondary sanctions on countries that buy its oil if no moves …
Trump Says No Imminent Plans to Penalize China for Buying Russian Oil Read More »
(Reuters) – The U.S. Treasury Department on Friday unveiled stricter rules for how solar and wind projects can qualify for federal tax subsidies that President Donald Trump’s new tax and spending law is phasing out over the next two years. The revisions change longstanding definitions for what it means for a project to be considered …
Trump Administration Unveils Stricter Subsidy Rules for Wind, Solar Projects Read More »
The quarter-long chill driven by price swings and tariff uncertainty is over, with experts anticipating more deals in the second half of the year.
Here is a roundup of oil and gas leaseholds on the market in the Williston, Powder River and Denver-Julesburg basins and the Haynesville and Utica shales.
By Arathy Somasekhar Traders watch for progress in Trump-Putin talks Weaker Chinese data raises fuel demand concerns Projected oil market surplus weighs on price sentiment HOUSTON, Aug 15 (Reuters) – Oil prices closed down nearly $1 on Friday as traders awaited talks between U.S. President Donald Trump and Russian leader Vladimir Putin, which could lead …
Oil Settled Nearly $1 Lower as Trump-Putin Talks Loom Read More »
Devon Energy will supply Centrica Energy with gas equivalent to five LNG cargoes per year over a 10-year term beginning in 2028.
(Reuters) – Pemex, Mexico’s national oil company, is preparing for the “Big Block” overhaul at its 312,500 barrel-per-day (bpd) Deer Park, Texas refinery to begin in early October, said people familiar with plant operations on Friday. The refinery’s 270,000 DU-2 crude distillation unit (CDU), the larger of two at the refinery, will be shut for …
Pemex Readying Texas Refinery for ‘Big Block’ Overhaul, Sources Say Read More »
(Reuters) – The United States has had internal discussions on using Russian nuclear-powered icebreaker vessels to support the development of gas and LNG projects in Alaska as one of the possible deals to aim for when President Donald Trump meets Vladimir Putin on Friday, three sources familiar with the matter told Reuters. Trump landed in …
US Mulled Use of Russia Icebreakers for Gas Development Ahead of Summit-Sources Read More »
(Reuters) – When U.S. President Donald Trump meets Russian President Vladimir Putin on Friday, one of his bargaining chips to encourage Putin to make progress toward a ceasefire in Ukraine will be to ease U.S. sanctions on Russia’s energy industry and exports. Trump has also threatened tougher sanctions if there is no progress. Here is …
Russian Energy Export Disruptions Since Start of Ukraine War Read More »
By Scott Disavino Aug 15 (Reuters) – U.S. energy firms this week held the number of oil and natural gas rigs operating steady, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, remained at 539 in the week …
US Oil and Gas Rig Count Holds Steady This Week, Baker Hughes Says Read More »
