Trump’s Drilling Promises Could Turn Energy Upside In A Bad Way
When you’re the largest producer of petroleum in the world and you increase your production, prices might drop along with profits. That's bad for investors.
Trump Says He Will Immediately Declare National Energy Emergency
U.S. President Donald Trump on Monday said he would immediately declare a national energy emergency, promising to fill up strategic reserves and export American energy all over the world. "We will be a rich nation again,
Energy Down With Oil Futures on Trump Energy Policy -- Energy Roundup
Shares of energy companies fell sharply as oil futures gave back some recent gains in the wake of President Donald Trump's inauguration speech. Trump vowed to tap more U.S. oil resources, which spurred a selloff in oil due to anticipation of increased supply.
Trump Declares Energy ‘Emergency’ to Justify More Oil and Gas Drilling
Though largely symbolic, President Trump’s declaration of an “energy emergency” could throw a wrench in renewable energy development and will cut into the Endangered Species Act
Trump Starts Reshaping US Energy With Focus on Oil and Gas
President Donald Trump launched a sweeping overhaul of US energy policy hours after taking office Monday, putting the weight of the federal government behind fossil-fuel production and pulling back from the fight against climate change.
Trump declares energy emergency, vows to unleash US fossil fuels
President Donald Trump on Monday laid out a sweeping plan to maximize oil and gas production, including by declaring a national energy emergency to speed permitting, rolling back environmental protections,
Why Trump Is Pledging to Refill the US Oil Reserve
President Donald Trump’s plan to refill the US’s emergency crude storage system — “right to the top,” in his words — would help protect against future oil-price shocks. But it’s easier said than done.
Legit on MSN14h
How Dangote Refinery filed N100bn suit to stop importation of petroleum products
It is now open war between Dangote Refinery and the NMDPRA as the refinery has filed a suit to stop the importation of ...
Convenience Store News10h
LV Petroleum Acquires 2 Travel Centers
LV Petroleum, a travel center operator and franchisee of TravelCenters of America (TA), has acquired two travel centers in ...
Occidental Petroleum: New Sanctions To Boost Oil Markets In 2025
Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read ...
Trump issues orders aiming to drill in contentious Alaska areas, revisit Biden climate rules
President Trump late Monday issued a pair of executive orders that seek to bolster oil and gas drilling — including in ...
Occidental Petroleum says it realized lower prices for oil in fourth quarter
U.S. shale producer Occidental Petroleum said the prices received for oil production during the fourth quarter were lower ...
Honolulu Star-Advertiser1d
Aloha Petroleum’s Hawaii island fuel depot lease extension is put on hold
Big Island BLNR member Riley Smith raised some concerns about the quality of the fuel storage tanks on the site, noting that ...
Is Occidental Petroleum (NYSE:OXY) Using Too Much Debt?
The image below, which you can click on for greater detail, shows that at September 2024 Occidental Petroleum had debt of US$25.9b, up from US$19.1b in one year. However, because it has a cash reserve ...
Marathon Petroleum Corporation: MPLX Collaborates on New Compressor Mechanics Program at West Virginia Northern Community College
NORTHAMPTON, MA / ACCESS Newswire / January 21, 2025 / Marathon Petroleum CorporationKey PointsWest Virginia Northern Community College (WVNCC) introduced a compressor mechanics program in January to ...
ThePrint16h
India will achieve 20% blending target next month: Union Minister for Petroleum Hardeep Puri
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, revealed that India would achieve 20 per cent biofuel ...
Petroleum exploration licence cancelled after years of community opposition
A controversial offshore petroleum exploration licence has been cancelled by the federal government, citing reasons of public interest.
businessday1d
ICYM: Nigeria sees opportunities in Trump’s pro-oil stance to grow petroleum industry
The Nigeria’s Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has expressed optimism about ...