BOE Report - Canada's Source for Oil & Gas News
4 days ago · Why U.S. tariffs on Canadian energy would cause damage on both sides of the border January 14, 2025 8:50 PM More than 450,000 kilometres of pipelines link Canada and the U.S. – enough to circle the Earth 11 times By Deborah Jaremko As U.S. imports of Canadian oil barrel through another new all-time high, leaders on both sides of the border are warning of …
US announces nearly $23 billion in loans to energy utilities ...
1 day ago · The U.S. Energy Department's loan office on Thursday announced $22.92 billion in conditional financing for several energy utilities across a dozen states. The financing, if finalized, will come through the energy infrastructure reinvestment program at the department's Loan Programs Office (LPO) created under President Joe Biden's signature climate legislation, the …
Trump’s energy department pick to call for more LNG and ...
2 days ago · Chris Wright, President-elect Donald Trump's pick to head the U.S. Energy Department, will tell U.S. senators in his confirmation hearing on Wednesday his first priority is expanding domestic energy production including liquefied natural gas and nuclear power. Wright, 59, believes fossil fuels are the key to ending world poverty, which is a greater problem than
Trump nominee for Interior backs full-throttle drilling on ...
1 day ago · President-elect Donald Trump's pick for secretary of the interior, Doug Burgum, will tell lawmakers during his nomination hearing on Thursday that he will vigorously pursue Trump’s goals of maximizing energy production from America’s public lands and waters, calling it key to national security. The comments signal a coming sharp turn in policy after President Joe
US Interior nominee says permitting reform needed to speed ...
1 day ago · U.S. Interior Secretary nominee Doug Burgum told lawmakers during his confirmation hearing on Thursday that permitting reform is needed to speed energy projects, particularly to boost power production. "We've got to get to work in permitting reform and speeding permitting right now," he said. "Electricity is at the brink. Our grid is at a point
Trump’s likely first moves on US energy policy | BOE Report
4 days ago · President-elect Donald Trump has promised to maximize U.S. oil and natural gas production - already at record highs - in part by clearing away what he deems as unnecessary regulation and bureaucracy. Here are some of the energy-related executive orders Trump could announce during his first days in office, as he seeks to follow through
Oil hits more than 3-month high as US sanctions hit Russia ...
5 days ago · Oil prices hit their highest level in more than three months on Monday's open, extending their rally on expectations that wider U.S. sanctions will affect Russian crude supplies to the world's top and third largest importers China and India. Brent crude futures climbed $1.35, or 1.69%, to $81.11 a barrel by 2339 GMT after hitting