The Patch’s maturity will be tested in 2025 amid ongoing consolidation and geopolitical dissonance.
The incoming administration’s policies on sanctions, tariffs, regulations and deportations will impact the oil and gas industry.
Incremental improvements in drilling technology lead to significant advancements.
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.
Ontario Premier Doug Ford said energy exports to the United States could also be halted, without offering further details.
New Fortress Energy said the Energos Eskimo floating storage and regasification unit will begin operations in the summer of 2025.
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.
Rystad warns that too many new LNG facilities could spell a glut for export markets.
Geopolitics and weather top the list of trends that will determine the direction of oil and gas.
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.