At a news conference, President Trump said that he would exclude oil from tariffs before backtracking to say that he “may or may not” impose duties on crude.
President Trump signed an order that could boost Canadian crude imports — and then said the U.S. doesn’t need Canadian crude.
EnCap Flatrock Midstream portfolio company Vecino Energy Partners LLC and DRW Energy Trading LLC will be developing an intrastate natural gas storage hub together.
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.