Summary New license to allow Chevron to make decisions, contribute to procurement and payments No money from oil proceeds can be transferred to Maduro’s gvmt Chevron had reduced operations, ordered tanker fleet to sail away HOUSTON, July 30 (Reuters) – Chevron has been granted a restricted U.S. license to operate in sanctioned Venezuela, three sources close …
Chevron Granted Restricted US License to Operate in Venezuela Read More »
By Marta Nogueira RIO DE JANEIRO, July 30 (Reuters) – Energy companies operating in Brazil are expected to resume oil shipments to the United States after several oil products were exempted from U.S. tariffs, the head of Brazilian oil lobby group IBP told Reuters on Wednesday. Oil is Brazil’s top export to the U.S. and …
Oil Shipments From Brazil to US to Resume After Tariff Exemption, Says Lobby Group Read More »
July 30 (Reuters) – Italian steel pipe maker Tenaris (TENR.MI) on Wednesday posted a 7% drop in net sales for the second quarter of 2025, hurt by lower shipments to Brazil and Europe. Net sales for the second quarter fell to $3.09 billion from $3.32 billion a year ago, with sales volumes dipping 5% in …
Tenaris’ Quarterly Net Sales Fall 7% on Brazil, Europe Weakness Read More »
By Kanishka Singh Pakistan officials have visited US in recent weeks for talks Pakistan said last week deal was within reach Trump says an oil company will be chosen to build partnership, without elaborating WASHINGTON, July 30 (Reuters) – U.S. President Donald Trump said on Wednesday his administration struck a deal with Pakistan in which …
Trump Says US and Pakistan Have Concluded Deal on Oil Reserves Read More »
By Amanda Stephenson Open season to assess shipper interest in capacity growth Drag-reducing agents could boost delivery by 5-10% Potential projects may increase export capacity by 200,000-300,000 bpd CALGARY, July 30 (Reuters) – The operator of Canada’s Trans Mountain oil pipeline may launch a process this year to formally gauge commercial interest in the first …
Canada’s Trans Mountain Eyes Open Season Later This Year for Pipeline Capacity Growth Read More »
By Arathy Somasekhar Trump vows sanctions unless Russia makes progress on peace deal Trump says US to impose 25% tariff on India from Aug 1 US also warns China over Russian oil China unlikely to comply with US sanctions, analysts say HOUSTON, July 30 (Reuters) – Oil prices settled 1% higher on Wednesday as investors …
Oil Rises Over 1% as Investors Weigh Trump’s Russia Stance, Tariff Threats Read More »
By Valerie Volcovici WASHINGTON, July 30 (Reuters) – The Trump administration has billed its plan to undo U.S. climate regulation as a way to cut costs for industry, but it may backfire by forcing automakers, utilities, and manufacturers into a future of regulatory uncertainty and litigation risk, according to lawyers and trade groups. Republican President …
US Reversal on Key Climate Finding Spells Uncertainty for Business Read More »
Magnolia Oil & Gas added roughly 18,000 net acres in the Giddings Field in June and July through small transactions with private operators totaling approximately $40 million.
Weatherford International Plc has been selected to deliver managed pressure drilling services for the Trion deepwater project offshore Mexico.
Linde’s facility near Beaumont is one of only three helium storage caverns globally.
