Trump’s Gas Ambitions Are Bad News for Russia
An LNG tanker docked at the Cheniere liquefaction facility in Corpus Christi, Texas. Liquefied natural gas has turned America into an energy export superpower, and President-elect Donald Trump wants to…
Oil Heads for 3% Weekly Decline as Supply Risks Ease
Summary U.S. crude stockpiles fell more than expected this week Analysts cite outlook for looser 2025 supply and demand balance OPEC+ shifts meeting to Dec. 5, could further delay output…
AI Boom Propels a Wild-West-Era Texas Landowner to 230% Stock Rally
US data center power demand is expected to grow about 170% by 2030, according to Goldman Sachs Group Inc. A Texas land company founded during the Wild West era more…
How Indian Billionaire Gautam Adani’s Alleged Bribery Scheme Took Off and Unraveled
Summary India’s Gautam Adani charged in US over alleged bribes SEC investigation dates back at least two years FBI seized Adani nephew’s electronics in 2023 (Reuters) – In June of…
COMMENTARY: Gauging The likely Trump Effect on U.S. Energy & Power Sectors
By (Reuters) – President-elect Donald Trump’s support for the fossil fuel sector and climate scepticism have sparked dismay throughout the global climate tracking community, and fears that his policies may…
Oil Rises After Selloff on Possible Middle East Ceasefire
Summary Israel and Hezbollah close to ceasefire deal OPEC+ could leave output cuts in place from Jan. 1 Trump says he will impose 25% tariff on Canadian, Mexican goods President-elect…
U.S. Oil Firms Unlikely to Go ‘Drill, Baby, drill’ Under Trump, says Exxon Executive – “Everybody is Focused on the Economics”
U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil said on Tuesday.…
Trump’s Energy Czar Burgum Is a Powerful Cabinet Pick – If Trump Stays Happy
North Dakota Governor Doug Burgum, chosen by President-elect Donald Trump to lead the Department of the Interior, could end up being one of the most quietly influential members of the…
All 3 Trains at Freeport LNG Plant in Texas Seen Back on Monday, LSEG Data Shows
(Reuters) – All three liquefaction trains at Freeport LNG’s export plant in Texas were expected to be back in service on Monday, according to preliminary data from financial firm LSEG.…
Oil Falls More Than 2% on Possible Middle East Peace Deal
(Reuters) – Oil prices fell more than 2% on Monday after multiple reports that Israel and Lebanon had agreed to the terms of a deal to end the Israel-Hezbollah conflict,…
