Trump says he'll impose tariffs on oil and gas imports next month, and eventually on pharmaceuticals
President Trump on Friday said the U.S. will impose tariffs on oil and gas imports, likely next month, as well as tariffs on CHIP semiconductor technology and pharmaceuticals eventually. "Eventually, we're going to put tariffs on CHIPS," the president told reporters in the Oval Office on Friday. We're going to put tariffs on oil and gas."
Trump Tariffs Could Hurt Oil Companies and Increase Gas Prices
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico.
Trump plans to impose additional tariffs on EU, foreign semiconductors, gas & oil
Meanwhile, Trump signed a series of executive orders in the Oval Office on Friday, telling reporters he plans to impose additional tariffs on the European Union, as well as on foreign semiconductors, oil, and gas.
Trump eyes Feb. 18 for oil tariffs, expects lower duty for Canada
U.S. President Donald Trump said on Friday he expects his administration to impose tariffs related to oil and gas around Feb. 18 and it could reduce the planned levy on some Canadian crude. The U.S. imports some 4 million barrels per day of oil from Canada,
Oil prices on track for weekly declines as traders await Trump tariff decision
Oil futures ticked lower Friday and were on track for weekly losses as traders awaited a decision by President Donald Trump on tariffs on imports from Canada and Mexico.
Trump says tariffs on Canada and Mexico coming Saturday, and he’s deciding whether to tax their oil
The risk of tariffs on Canadian and Mexican oil could undermine Trump's repeated pledge to lower overall inflation by reducing energy costs.
Trump says he is planning oil and gas tariffs around Feb. 18
U.S. President Donald Trump said on Friday he expects his administration to impose tariffs related to oil and gas around Feb. 18 and it could lower levies on some Canadian crude. He did not name a specific country to which the new tariffs would apply or specify any more details about the plans.
New oil and gas field consent was unlawful - judge
The judgement came after a case brought by environmental campaigners at the Court of Session in Edinburgh.
Shell sees 2024 oil and gas reserve replacement ratio at 85%
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Dem bill blames LA wildfire damage on fossil fuel emissions, holds oil and gas industry liable
California Democrats are seeking to make the oil and gas industry pay for damages from the Los Angeles wildfires, shifting ...
Upstream Oil & Gas Mergers Hit Yearly Low In 4th Quarter, 2024
Upstream oil and gas industry mergers and acquisition activity during 2024 came to a robust $105 billion in total deal value ...
US upstream oil and gas dealmaking hit $105 billion in 2024, Enverus says
Dealmaking in the U.S. upstream oil and gas industry hit $105 billion in 2024, the third highest annual total ever, but ...
Insurancenewsnet.com2d
Should oil, gas co.’s be accountable for climate change-related disasters?
A California lawmaker has filed a bill to make oil and gas companies accountable for climate change-related natural disasters.
The Salt Lake Tribune8d
Opinion: Oil and gas companies should pay for the Los Angeles fires
While much of the ire over the devastating fires is aimed at elected officials, there has been little attention given to the ...
Russia's oil output down 2.8%, gas production up 7.6% in 2024, deputy PM says
Russia's oil and gas condensate production reached 516 million metric tons, or 10.32 million barrels per day, in 2024, Deputy ...
Crude Oil Prices2d
Petrobras Boasts Growth in Oil and Gas Reserves
Petrobras increased its proven oil and gas reserves by 500 million barrels in 2024 and plans to invest $111 billion in exploration and production over the next five years.
Big Oil wants a lot from Trump. It has an ally in Doug Burgum, the president’s Interior pick
Many of the oil and gas companies Burgum developed a rapport with are certain to want things from him following his Senate ...