Oil Falls Over 1% as Investors Assess Russia Sanctions, OPEC+ Output Plans
Summary Investors question effect of U.S. sanctions on Russia’s oil firms OPEC+ considers modest output increase in December Indian refiners halt new Russian oil orders amid sanctions (Reuters) – Oil…
Oil Glut Will ‘Moderate’ Prices After Recent Gains, Birol Says
By Oil prices are expected to “moderate” because of ample supply, according to the International Energy Agency. “I don’t expect a major shake-up in the oil markets thanks to growing…
Oil Steadies as US-China Trade Deal Hopes Counter Demand Concerns
Summary Oil prices fall on scepticism over US-China trade deal boosting oil demand Iraq’s oil exports unaffected by Zubair oilfield fire OPEC reverses production cuts to regain market share (Reuters)…
US to Double Natural Gas Exports in 5 Years, and May Double Them Again, Wright says
U.S. Energy Secretary Chris Wright (Reporting by Emily Chow; Writing by Tony Munroe; Editing by Christian Schmollinger) Share This: Next Article More News Articles
US Could Hit Russia With More Sanctions to End Ukraine War, But First Wants Europe to Increase Pressure
While it is not clear whether Washington will actually carry out any of those moves in the immediate term, it shows there is a well-developed toolkit within the administration to…
Baker CEO says 2025 Resilience Driven by AI Growth, Sees Oil Investment Slowdown
He, however, said Baker Hughes’ outlook for 2025 remains unchanged, with a high-single-digit decline in global upstream spending expected. Get the Latest US Focused Energy News Delivered to You! It’s…
COMMENTARY: How Fossil Fuels Make Earth More Livable Than It’s Ever Been – Alex Epstein
By Alex Epstein This is the fourth of the “Alex Notes” on my book —like Cliff’s Notes, but actually written by the author. (See , , and ). Myth: Fossil fuels have made the…
US Pushes Regulators on Connecting Data Centers to Grid
WASHINGTON, Oct 24 (Reuters) – U.S. Energy Secretary Chris Wright this week directed federal energy regulators to consider a rule aimed at speeding up the connection of power-hungry data centers…
Tokyo Gas Inks Deal to Explore Buying LNG From Alaska Project
By and A Tokyo Gas Co. storage tank in Tokyo, Japan. Photographer: Toru Hanai/Bloomberg Get the Latest US Focused Energy News Delivered to You! It’s FREE: Tokyo Gas Co. has…
Baker CEO Says 2025 Resilience Driven by AI Growth, Sees Oil Investment Slowdown
(Reuters) – Baker Hughes CEO Lorenzo Simonelli said on Friday the global macro environment remains resilient through 2025, despite geopolitical and policy headwinds, supported by the rapid deployment of generative…
