The US Export-Import Bank plans to fund up to $7 billion worth of critical minerals and energy projects in Argentina, according to a document seen by Reuters, as part of a push to deepen economic cooperation between Washington and Buenos Aires. The funding is part of a package to be announced in New York on Wednesday during the United Nations General Assembly, a person familiar with the matter said, as the US seeks more access to Western Hemisphere energy and critical minerals. Under [Read more]
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US judge dismisses Michigan climate lawsuit against oil companies
A US judge on Tuesday dismissed an antitrust lawsuit in which Michigan accused four major oil companies of colluding to forestall competition in renewable energy, including electric vehicles, a decision in line with prior rulings in similar cases. US District Judge Jane Beckering in Grand Rapids rejected the lawsuit filed in January by Michigan Attorney General Dana Nessel, a Democrat, against BP, Chevron, Exxon, Shell and the American Petroleum Institute. The judge said antitrust laws [Read more]
Ninepoint shrugs off political rhetoric to launch ETF focusing on energy interdependence of US and Canada
Canadian asset manager Ninepoint Capital is challenging economic nationalism in both the United States and Canada and the growing trade war between them by launching on Tuesday an exchange-traded fund that will emphasize the energy interdependence of the two countries. The Ninepoint North American Energy Independence ETF is the Toronto-based company's first fund to be listed in the United States and is designed to offer cross-border exposure to an investment theme that Ninepoint co-CEO John [Read more]
Ban on US diesel exports would hurt, not help fuel markets, analysts say
US President Donald Trump on Tuesday said he backed the idea of a diesel export ban as a way to lower prices that have hit record highs due to a global supply shortage. But analysts and market watchers warn that such a measure would do little to ease high energy prices, and could worsen supply and economic disruptions around the globe. Trump's comments come as average US diesel prices have jumped to a record $6.5107 a gallon, according to AAA. Diesel is critical to the global economy because [Read more]
New oil and gas jobs from BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Sep. 22 Entry Level Field Hand - Oilfield Cementing Sanjel Energy Services Fort St. John Sep. 22 Fabrication Shop Labourer Roska DBO Grande Prairie Sep. [Read more]
EQT sees higher 2026 US natgas output on lower spending, CEO says
EQT, the second-biggest US natural gas producer, plans to pull more gas out of the ground in 2026 while spending less money than last year to meet growing global demand, CEO Toby Rice told Reuters on Tuesday. He said record production will come despite curtailed production in recent months by EQT and others in the Marcellus and Utica shale regions of Pennsylvania, Ohio and West Virginia. The producers are waiting for gas prices in the region to rise. "We have a shut-in program. During [Read more]
Federal government introduces bill to extend gas tax pause to January 2027
OTTAWA - The federal government introduced its promised bill to extend the federal gas tax pause for several more months shortly after Parliament resumed sitting following the summer break. Finance Minister FranÇois-Philippe Champagne tabled the legislation on Monday and it saw its first significant debate in the House of Commons on Tuesday. Champagne said the measure will help farmers, families and truckers. "What I like about the measure, it's very direct, it's immediate, it's very [Read more]
Ottawa opens up 15% Trans Mountain equity stake to Indigenous groups on pipeline path
OTTAWA - The Canadian government is offering Indigenous groups a collective 15 per cent ownership stake in the Trans Mountain pipeline through a low-cost loan. In a letter to a First Nation along the pipeline's path and seen by The Canadian Press, a federal Department of Finance official says the equity investment would be equally distributed among participating groups. It says details of the federal government's offer would be shared during a series of in-person meetings in Vancouver, [Read more]
Trump says he backs the idea of a ban on diesel exports
President Donald Trump on Tuesday said he backed the idea of a ban on diesel exports, which some US politicians are calling for as a way to curb the soaring cost of energy. Diesel prices have rallied in Europe and the US to record highs as wars in Iran and Ukraine sharply cut exports from some of the biggest producers such as Russia, Saudi Arabia and the United Arab Emirates. "I've said let's not send out the diesel. We make a lot of diesel... I've called for it. I've called for it within [Read more]
Trump says talks with Iran continue and he thinks settlement will be reached
US President Donald Trump said that Iran and the United States had been talking on Tuesday, and he thinks the two countries will reach a deal at some point. "I think that a settlement is going to be reached," Trump said after a meeting with British Prime Minister Andy Burnham on the sidelines of the UN General Assembly in New York. "They want to talk to us. They have been talking to us, even today they've been talking to us, and the relationship is developing," he added. "But we can't let [Read more]
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