Profit has been slashed at Octopus Energy as rising costs and falling sales ate into its margin during the giant’s latest financial year.
According to Secretary of State Marco Rubio and other foreign-policy hawks, Chevron has been providing a financial lifeline for Maduro’s regime to enrich itself and suppress civil rights.
Canada’s energy exports to the United States surged in the latter part of 2024, helping the country record its biggest surplus with its main trading partner since 2022.
China has been importing Iranian oil indirectly via proxies. According to StanChart, crude oil imports from Malaysia clocked in at 1.456 million barrels per day (mb/d) in June, the second-highest monthly average on record.
TotalEnergies passed on the opportunity to sign up for long-term liquefied natural gas from U.S. Venture Global because it did not trust the company, the French supermajor’s chief executive told Reuters.
Trump floated the idea of a sovereign wealth fund during an address at the Economic Club of New York during the campaign in September, where he proposed funneling money from tariffs into a wealth fund that could invest in manufacturing hubs, defense and medical research.
West’s most recent role was Group President of Utility Operations at Entergy, where he oversaw the operational and financial performance of its five operating companies, Algonquin noted. His 25-year tenure at Entergy included responsibility for electric and natural gas distribution, customer service, regulatory affairs, shared services, and regulated retail commercial development and innovation. He also led Entergy New Orleans’ rebuilding efforts following Hurricane Katrina, Algonquin said.
In an oil and gas report sent to Rigzone by the Macquarie team late Monday, Macquarie strategists revealed that they are forecasting that U.S. crude inventories will be up by 10.8 million barrels for the week ending January 31.
Abu Dhabi National Oil Co.’s holdings in a hydrogen venture with Exxon Mobil Corp. and NextDecade Corp.’s liquefied natural gas export project will move to XRG, according to Chief Executive Officer Sultan Al Jaber. XRG aims to invest in technologies that power the energy transition and the shift to advanced technologies, Al Jaber wrote in a column on the news website Semafor.
Earlier on Tuesday, China announced retaliatory measures against Trump’s tariffs, temporarily sending futures below where they ended 2024 for the first time this year. Speaking to reporters Tuesday afternoon, Trump said it was “fine” that China responded in kind with tariffs on some American products.