If US Cancels, US Pays: Interior’s Burgum Calls for Sovereign Risk Insurance
With a sovereign risk insurance in place, a president cancelling a permit “would have to say ‘We're canceling this thing by fiat, but you get your money back that you've invested,” Interior Secretary Doug Burgum told energy industry members in Oklahoma City.
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Renewables
Energy Transition in Motion (Week of April 25, 2025)
Here is a look at some of this week’s renewable energy news, including new technology intendent to help strengthen the U.S. battery materials supply chain.
Earnings
Ring Energy Slashes 2Q Capex by 50% After Oil Price Collapse
Permian E&P Ring Energy is cutting spending and prioritizing debt reduction with oil prices hanging around $65/bbl.
International
World Order at Risk, Warn US Security Experts
A panel of former State Department, National Security Council, National Intelligence Council and other officeholders expressed concern about the future of the U.S.’ relationships at CERAWeek by S&P Global.
Wind
RWE Halts US Offshore Wind Activity
The renewable energy producer’s move was taken as the offshore wind sector remains in U.S. President Donald Trump’s crosshairs.
Legislation
Oxy’s Hollub: EOR Essential to Energy Security as Oil Supply Peaks
EOR will be essential in U.S. energy security as reservoirs currently supplying U.S. oil will peak in the coming few years, said Vicki Hollub, Oxy president and CEO.
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Oil and Gas Investor Magazine
Energy Sector Braces for Impact from Tariffs
The oil and gas industry is bracing for the near-term impacts of Trump’s tariffs as oil prices fall, steel prices rise and M&A slams on the brakes.