(Investing) – PITTSBURGH – U.S. oil and gas lobbying groups said on Tuesday they were wary of President-elect Donald Trump’s threat of tariffs on Canada and Mexico, saying such policies could affect consumers, industry and security. Trump, who takes office on Jan. 20, vowed to impose a 25% tariff on imports from Canada and Mexico, two of America’s biggest trading partners,
Nasdaq Blockbuster takeovers by U.S. oil and gas majors Exxon and Chevron this month may spark further consolidation in the energy industry after a quieter third quarter for mergers and acquisitions in the sector, analytics firm Enverus said. There were 25 U.S. oil exploration and production deals worth $14 billion in the last quarter, Enverus said on Tuesday. This was
Nasdaq HOUSTON – Top U.S. energy companies last year paid out more of their earnings to shareholders than they invested in new oil and gas fields for the first time, according to a report released on Tuesday. The outlook for stronger energy prices has not changed the focus on investor returns from the U.S. industry, according to the report’s authors,
Oil Price Ten U.S. energy and utility companies have either completed or filed for initial public offerings on the U.S. stock market this year, and if all current listing plans pan out, 2023 could see the highest number of energy IPOs since 2017, per data from Renaissance Capital cited by the Financial Times. Higher oil and gas prices over the past
World Oil WASHINGTON (API) – Ahead of the President’s travel to the Middle East next month, the American Petroleum Institute (API) joined with 28 energy associations to urge President Biden and his Cabinet to visit America’s major energy facilities – from production to distribution to refining to innovation hubs – as geopolitical volatility and energy costs continue to rise. In
World Oil WASHINGTON (Bloomberg) –The House on Friday passed a roughly $2 trillion bill incorporating the core of President Joe Biden’s economic agenda — ramping up funding for the social safety net and increasing taxes on corporations and the wealthy — sending it on to the Senate, where it’s likely to be significantly reshaped. The legislation will likely undergo several
Reuters LONDON – U.S. presidential transitions have all the elements of a great news story: people, drama, timeliness, conflict and consequences. But energy systems are mostly shaped by slower moving, impersonal, structural forces. President Joe Biden’s first executive actions after his inauguration on Thursday to move quickly to tackle climate change have raised questions over the ability of administrations to
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
