US Plans Alaska LNG Summit, Urges Japan, South Korea to Support Project, Source Says
(Reuters) – President Donald Trump’s energy security council plans to host a summit in Alaska in early June, when it hopes Japanese and South Korean officials will announce commitments to…
US Aims to Boost Offshore Oil Drilling by Easing Pressure Rules
(Reuters) – The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the Gulf…
US Clashes With Allies on Energy Security Vision at IEA Summit
By Ed Miliband during the International Summit on the Future of Energy Security in London. Photographer: Chris J. Ratcliffe/Bloomberg At this week’s flagship international summit on energy security, the clashing…
Morgan Stanley Infra Partners Eyes $2 billion Permian Pipelines Sale, Sources Say
(Reuters) – Morgan Stanley Infrastructure Partners is exploring the sale of its majority stake in Brazos Midstream II, with a deal expected to value its holding at more than $2…
TRUMP’S ENERGY PRIORITY: Trump Emergency Move Aims to Cut Approval Times for Energy Projects to 28 Days
(Reuters) – The Trump administration on Wednesday said it would implement an emergency permitting process for energy and mining projects on federal lands, slashing approval times that typically take months…
Weak Oil Prices, Limited Shale Acreage to Hit Energy M&A in 2025, Enverus Says
Weak oil prices, limited shale acreage to hit energy M&A in 2025, Enverus says HOUSTON, April 23 (Reuters) – The U.S. upstream oil and gas M&A market is bracing for…
Valero Energy Reports First-Quarter Loss on lower Margins, Impairment Charges
(Reuters) – Valero Energy reported a first-quarter loss compared with a year-ago profit on Thursday, weighed down by lower refining margins and around $1 billion in impairment charges related to its…
Oil Regains Ground After 2% Drop on Potential OPEC+ Output Increase
Summary Potential accelerated OPEC+ output increases weighs on market Kazakhstan to prioritise national interest in oil output US-China trade war could halve China’s oil demand growth (Reuters) – Oil prices…
Baker Hughes Forecasts Drop in Producer Spending as Tariffs Pinch Demand
By and Baker Hughes sees 2025 upstream capex down by high-single digits Warns of tariff cost impact, working to raise domestic sourcing LNG technologies and equipment seen as bright spot…
US Oil Refiners’ Q1 Profits Likely Fell Despite Stronger Margins
By Investors keep focus on impact from Trump’s sweeping tariffs Analysts expect top refiners to report lower Q1 profits Earnings under pressure due to heavy maintenance, unplanned outages in Q1…
