President Trump will eliminate Joe Biden’s disastrous electric vehicle tax credit that raised the prices of EVs. Reuters reported: President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases […]
Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory build of 2.1 million barrels for the week to November 8. In fuels, however, inventories fell. At the time of writing, Brent crude was […]
The FT writes, US oil execs are eagerly awaiting Trump’s expected rollback of environmental regulations, but despite the president’s pledge to “drill, baby, drill,” production is unlikely to increase significantly during his second term in […]
Country sees power supply shortage at 4.2 gigawatts in 2026 Poland needs its coal power stations operating for longer: PSE Poland urgently needs to build new gas-fueled power stations and keep its coal-fired units going […]
Trump will encounter a very different mindset of shale industry executives in 2025 compared to the late 2010s. Discipline and a pragmatic approach to balancing production growth with shareholder returns are likely to hold in […]
The risk/reward balance here gets very interesting. Coterra Energy, the $20 billion publicly traded exploration & production (E&P) operator, announced two separate acquisition agreements in the Permian totaling $3.95 billion. The deal “consist[s] of $2.95 […]
President-elect Donald Trump has selected former New York congressman Lee Zeldin to lead the Environmental Protection Agency, placing the Long Island Republican in charge of his plans to boost energy production and curb regulations. “He will ensure fair and […]
A cargo of Russian oil appears to have been switched between ocean-going tankers near a Spanish exclave in north Africa, restoring a clandestine practice that Madrid thought it had ended last summer. On Saturday, the […]
Nov 6 (Reuters) – Donald Trump’s return to the White House will refocus the nation’s energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in Tuesday’s presidential elections is unlikely […]
Dan Jorgensen is designate for next EU Energy Commissioner Jorgensen unveils his priorities at hearing in EU Parliament Dan Jorgensen, designate as the European Union’s next energy chief, pledged measures to lower prices and end […]
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