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This post was originally published on this siteThis is the kind of integrity we need from industry—and from Congress. By Alex Epstein 28 energy leaders just called for the elimination of all IRA subsidies—even ones that benefit their companies. This is the kind of integrity we need from industry—and from Congress. The full letter is below […]

This post was originally published on this site(Reuters) – U.S. President Donald Trump said on Monday that any country that buys oil or gas from Venezuela will pay a 25% tariff on any trades made with the United States. This “secondary tariff” will take effect on April 2, Trump said in a Truth Social post.

This post was originally published on this site(Reuters) – U.S. natural gas futures held steady on Monday as record flows to liquefied natural gas (LNG) export plants offset record output and forecasts for milder weather and lower demand over the next two weeks than previously expected. Front-month gas futures for April delivery on the New

This post was originally published on this site(Reuters) – U.S. and Russian officials began talks in Saudi Arabia on Monday aimed at making progress towards a broad ceasefire in Ukraine with Washington eyeing a separate Black Sea maritime ceasefire deal before securing a wider agreement. The talks, which followed U.S. negotiations with Ukraine in Saudi

This post was originally published on this site(Reuters) – Russia’s central bank has warned the Kremlin’s policy makers the United States and OPEC have the capacity to flood the oil market and cause a repeat of the prolonged price collapse of the 1980s – which contributed to the downfall of the Soviet Union. The warning

This post was originally published on this siteBy Steven Globerman What the History of Technological Change Tells Us About the Likely Economic Consequences of Artificial Intelligence Artificial Intelligence (AI) is an emerging General Purpose Technology (GPT). That is, it is an innovation that can be used for many activities across different industries and sectors and

This post was originally published on this site(Reuters) – Oil prices inched up on Monday as investors weighed the impact of fresh U.S. sanctions on Iranian exports against ceasefire talks aimed at ending the Russia-Ukraine war, which could lead to an increase in Russian supplies to global markets. Brent crude futures gained 4 cents at

This post was originally published on this siteU.S. oil major Chevron said on Friday its Chairman and Chief Executive Officer Michael Wirth was paid $32.7 million in 2024, according to a filing with the Securities and Exchange Commission. The total compensation received by Wirth represents a 23.4% increase from the prior year. However, the median annual

This post was originally published on this siteSummary • Benchmarks record highest weekly gains since early January • Fresh US sanctions on Iran include Chinese independent refiner • Prices also supported by latest OPEC+ production plans (Reuters) – Oil prices settled higher on Friday and recorded a second consecutive weekly gain as fresh U.S. sanctions

This post was originally published on this site(Reuters) – The future of Canada’s six-year-old carbon pricing system is on shaky ground after 14 oil and gas CEOs and the political opposition leader this week called for its repeal. Scrapping the system, which aims to reduce pollution by giving heavy industry a financial incentive to cut