Downstream

This post was originally published on this siteJapan engages in “unfair” automobile trade with the United States and should increase its imports of U.S. energy resources and other goods to help reduce the U.S. trade deficit, President Donald Trump said in an interview broadcast on Sunday. Tokyo is scrambling to find ways to get Washington […]

This post was originally published on this site(The opinions expressed here are those of the author, a columnist for Reuters) *Israel halted gas exports to Egypt after start of war with Iran *Exports were resumed on June 23, but highlight Egypt’s gas supply challenges *Egypt gas production declined sharply in recent years, unlikely to recover

This post was originally published on this siteSummary Benchmarks poised for repeat monthly gains of more than 5% OPEC+ plans could smother any upside in prices, says analyst Global demand outlook remains uncertain (Reuters) – Oil prices held steady on Monday as Middle East risks eased while a possible OPEC+ output increase in August and

This post was originally published on this siteBy Yogi Schulz Many oil and natural gas producers hesitate to explore the potential of artificial intelligence (AI) and implement AI applications. This article challenges these impediments with examples of successful AI use cases. Too busy to explore AI innovation Most producers have made many successful technical and

This post was originally published on this siteSummary Canada halts digital service tax collection slated for Monday Canada hopes for economic deal with US by July 21 Trump had threatened more tariffs over tax (Reuters) – Canada scrapped its digital services tax targeting U.S. technology firms late on Sunday, just hours before it was due

This post was originally published on this site(Reuters) – The latest version of the Senate’s massive budget bill that the Senate is racing through for a vote as soon as Saturday deals a fatal blow to the use of tax credits in place since 2005 to spur more wind and solar energy and would set

This post was originally published on this siteU.S. natural gas futures jumped about 6% to a one-week high on Friday as the amount of gas flowing to liquefied natural gas (LNG) export plants started to edge up as more plants exit spring maintenance reductions. On their first day as the front-month, gas futures for August

This post was originally published on this siteSummary Sources say OPEC+ planning 411,000 bpd output boost in August Brent, WTI down 12% this week, most since March 2023 No major supply disruption from Middle East crisis, analysts say (Reuters) – Oil prices edged up slightly on Friday, recovering from a midday drop into negative territory

This post was originally published on this siteNEW YORK, June 27 (Reuters) – California’s energy regulator on Friday issued recommendations to Governor Gavin Newsom to support timely fuel imports and explore ways to retain operations at existing refineries in the state. Newsom had earlier this year asked the California Energy Commission to recommend changes to

This post was originally published on this siteJune 27 (Reuters) – U.S. energy company EQT (EQT.N) agreed to pay $167.5 million to settle a class action lawsuit filed by investors who claimed EQT overstated the benefits of its $6.7 billion merger with Rice Energy in 2017, according to a federal court filing on Thursday by