After seeking $40B from Trump in aid, Newsom is spending $100M on launching methane-detecting satellites while California faces a $6B budget shortfall. California Governor Gavin Newsom announced Friday that the State of California will launch […]
On Tuesday, Alaska Governor Mike Dunleavy discussed the Alaska LNG project and other potential energy and trade cooperation with South Korean Industry Minister Ahn Duk-geun, as the U.S. Administration is looking to attract Asian investors in the […]
German companies are relocating abroad due to high energy costs, taxes, and red tape, while Merz breaks campaign promises, worsening the business climate. Blackout News here reports how a growing number of German industrial companies […]
Shell announced this ahead of its Capital Markets Day which will be held in New York on Tuesday. The company did not provide further details regarding the LNG sales growth. Shell sold 65.82 million tonnes […]
According to a statement by SEFE, the HoA is for the long-term supply of 1.5 million tonnes of LNG per year for at least 15 years. SEFE said the LNG supplies will be sourced from […]
U.S. President Donald Trump has announced that any country that buys oil or gas from Venezuela will pay a 25% secondary tariff on trades with the United States, Reuters reported on Monday, with Trump claiming that Venezuela […]
Shell is considering a potential delisting from the London Stock Exchange, which could have significant implications for BP’s future. BP is facing investor pressure for strategic changes and may be open to a merger, with […]
But “competition limited the pass-through of higher costs to selling price … which will harm profits.” By Wolf Richter for WOLF STREET. Overall economic growth accelerated in March from February, driven by a sharp acceleration in services activity, […]
ENB Pub Note: This is an article from the BOE report in Canada by Terry Etam. I have reached out to him to record an episode on this topic on our podcast. Terry is a great […]
Short-term Treasury yields of 6 months or less stay put above 4%. By Wolf Richter for WOLF STREET. The 10-year Treasury yield has careened lower from 4.77% on January 10 to 4.16% on March 3, and has since […]
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