Kissler, Wyett: Trump Tariffs and Potential Energy Market Aftershocks
U.S. production and prices may increase; global cooperation may decrease; but Trump’s previous tariffs had less of an impact on import prices than the COVID pandemic.
Canadian Premiers Urge Strong Response to Trump Tariff Threat, Minister Says
Ontario Premier Doug Ford said energy exports to the United States could also be halted, without offering further details.
New Fortress Lands Agreement for LNG Platform Offshore Egypt
New Fortress Energy said the Energos Eskimo floating storage and regasification unit will begin operations in the summer of 2025.
E&P Highlights: Dec. 9, 2024
Here’s a roundup of the latest E&P headlines, including a major gas discovery in Colombia and the creation of a new independent E&P.
Analysts: Trump’s Policies Could Bring LNG ‘Golden Era’ or Glut
Rystad warns that too many new LNG facilities could spell a glut for export markets.
Kissler: Wildcards That Could Impact Oil, Gas Prices in 2025
Geopolitics and weather top the list of trends that will determine the direction of oil and gas.
Trump Tariff Threat Raises Consternation Among Oil Lobbying Groups
Late Nov. 25, President-elect Donald Trump said one of his first executive orders would be to enact a 25% tariff on “all products” originating from Canada and Mexico, a move that could escalate refined products prices.
Mexico Pacific’s Saguaro: LNG’s Quicker Route to Asian Markets
Mexico Pacific’s 30-mtpa Saguaro LNG terminal promises a connection to Asia for Permian Gas that avoids the Panama Canal.
Mexico to Extend $6.7B to Cover Oil Producer Pemex's Debt in 2025
The Mexican government expects to transfer 136 billion pesos (US$6.69 billion) to state oil producer Pemex next year to help the heavily indebted firm meet its debt and loan repayments.
North American LNG Exports Surge: Texas Fuels Mexico’s Growth
Mexico is finally getting its feet off the ground with LNG exports, joining the U.S. to make North America an LNG exporting powerhouse.