API Shows US Crude Stocks Fall for Fifth Straight Week, Fuel Inventories Also Drop, Sources Say
Houston, May 19 (Reuters) – U.S. crude oil inventories fell for a fifth straight week last week, according to market sources citing American Petroleum Institute data released on Tuesday, while…
US Gas Exporters Ask to Push Back EU Methane Regulation Until 2028
By and AMSTERDAM, May 19 (Reuters) – U.S. gas exporters are asking Europe to delay the enforcement of a new methane emissions law until 2028, a top official of the…
Oil & Gas Dealmaking Heats Up With $20 Billion of Assets in Play
By Buyout shops are finding a rare exit opportunity in the US oil patch. US private equity firms are shopping more than half-dozen closely held oil and gas companies in…
Venezuela Tries to Convince Big Oil It’s Safe to Come Back
Venezuela is making a fresh pitch to foreign oil companies: this time, if things go sideways, you may not have to fight it out in Caracas. Oil Minister Paula Henao…
Iran Lays Out Sweeping Demands as U.S. Weighs Military Strike Pause
Iran wants the U.S. blockade and sanctions to be lifted and Iran’s frozen funds to be released in the latest peace proposal to the United States, Iranian state media reported…
India Curtailed 300 GWh of Clean Energy in Q1 as Grid Lags Solar Build
India’s electricity grid is expanding at a slower pace than the boom in renewable energy installations, leading to increased share of clean energy curtailments and threatening to slow the solar…
US Senate Confirms Trump’s Pick to Lead Land Bureau
enate (Reuters) – The U.S. Senate voted on Monday to confirm Steve Pearce, a former oilman and congressman from New Mexico, to lead the Bureau of Land Management. Pearce was…
High Gas Prices Spur Americans to Improvise, From Bus Rides to Toy Cars
By and Gas prices surge to more than $4.50 a gallon nationwide Some drivers increasingly limit travel, avoid higher-priced gas stations More Americans turn to public transit NEW YORK, May…
Data Center Rush Worsens Shortages of Power, Grid Workers
By U.S. power developers could face delays and higher costs from shortages in electricians and other crafts, requiring faster rollout of skills and technology training. May 18 – Soaring demand…
Shell Shareholders Reject Climate Activist Resolution as They Re-Elect CEO, Chairman
By and Shell CEO Wael Sawan says oil demand will remain essential for decades Shareholder climate resolution gets 13% support, according to initial results LONDON, May 19 (Reuters) – Shell…
