Exxon, Chevron Focus on Oil Projects in the Americas
The two largest U.S. oil companies are pulling back on big international oil projects and concentrating on a handful of more lucrative assets closer to home.
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Trump's Tariffs Threaten Trade War with Mexico, but Natural Gas Remains Unaffected for Now By Christopher Lenton U.S. President-elect Trump’s social media announcement that he would impose a 25% tariff on all imports from Mexico set off a series of alarm bells in the energy sector across the integrated North American region. Mexican President Claudia
Demand for U.S. natural gas to produce liquefied natural gas (LNG) for export this year is headed for its first decline since the country started exporting the super-chilled fuel from the lower 48 states eight years ago.
“The main takeaway is that a business-as-usual approach is neither sustainable nor advisable,” said U.S. Energy Sec. Jennifer Granholm during a press call on Tuesday.
The Department of Energy began the report earlier this year as the Biden administration sought to pause new approvals for LNG permits.
The traditional correlation between Middle East conflict risk and accelerating oil prices is now broken.
Also in today’s newsletter, why private capital will not suffice for Africa’s climate needs
The Gulf Renewable Power Tracker is an interactive and visual database of Gulf state-owned and state-related renewable power investments and developments on a global scale.