US Natgas Prices Climb as Winter Storm Batters US Northeast, LNG Export Flows Near Record

U.S. natural gas futures rose about 1% to a one-week high on Monday on near-record LNG export flows and forecasts for more demand than previously expected over the next two…

Watch Out for Oil’s Disappearing Disinflationary Drag: McGeever

(Reuters) – Oil prices have been a consistent disinflationary force for the U.S. and global economies since mid-2024. That may be about to change. Fueled by signs of a solid…

Dominion Energy Forecasts Annual Profit Below Estimates, Raises Spending Plan

Feb 23 (Reuters) – Dominion Energy (D.N) forecast annual profit below Wall Street expectations on Monday, but raised its five-year capital spending plan by nearly 30% as the utility ramps…

$100 Oil Price Forecasts Resurface Amid U.S.-Iran Standoff

Oil price spikes to $90-$100 per barrel are “within reach” as the United States and Iran appear close to war, Fereidun Fesharaki, Chairman Emeritus at energy market consultancy FGE NexantECA,…

Chevron Moves to Acquire Lukoil’s Major West Qurna 2 Oilfield in Iraq

Chevron has signed a preliminary deal with Iraq’s Basra Oil Company to discuss the potential sale of the giant Iraqi oilfield West Qurna 2, formerly operated by Russia’s Lukoil, to…

Supreme Court to Rule on Exxon’s $1 Billion Cuba Assets Claim

The U.S. Supreme Court will be hearing on Monday arguments by ExxonMobil, backed by the Trump Administration, about the scope of a law allowing American companies to claim damages for…

UN Secretary General: Clean Energy Future Is within Reach

The clean energy future is within reach, Antonio Guterres, the United Nations Secretary General, said after meeting with renewable energy representatives in India. “I recently met with leaders from across…