The announcement, in a document from the White House, reflects President Trump’s skepticism about global warming, which he has called a hoax.
For oil and gas, big M&A deals will probably encounter less resistance, tariffs could be a threat and the industry will likely shrug off “drill, baby, drill” entreaties.
Stratas Advisors expect that there is some room for oil prices to move higher this week, but the price of Brent crude oil will struggle to breakthrough $82.50.
Here is a look at some of this week’s renewable energy news, including guidance on technology-neutral clean electricity credits.
Prognostications abound for 2025, but no surprise: ample supplies are expected to keep fuel prices down and data centers will gobble up power.
The Patch’s maturity will be tested in 2025 amid ongoing consolidation and geopolitical dissonance.
Here’s a roundup of the latest E&P headlines, including company resignations and promotions and the acquisition of an oilfield service and supply company.
Recent geopolitical news also provided some support for oil prices with the rhetoric heating up between Iran and Israel.
U.S. oil and gas executives expect fewer regulatory headaches under Trump but some see oil prices sliding, according to the fourth-quarter Dallas Fed Energy Survey.
Oil edged lower on Dec. 26 in light holiday trade as the dollar's strength offset hopes for additional fiscal stimulus in China.