TC Energy Tops Quarterly Profit Estimates, Approves C$700 Million in Pipeline Expansion Projects
(Reuters) – TC Energy on Thursday beat second-quarter profit estimates and approved pipeline expansion projects worth about C$700 million ($498.36 million) across North America, including two U.S. projects aimed at meeting…
QatarEnergy Buys 33 US LNG Cargoes to Offset Hormuz Disruption
(Reuters) – QatarEnergy (QE) has bought 33 spot LNG cargoes this year from the U.S. for delivery to South Korea, Taiwan, Bangladesh, India and Japan, four trade and industry sources…
US Refiner Valero Energy Posts Record Second-Quarter Profit, Shares Jump 2%
By and Refining segment adjusted operating earnings more than triple to $4.4 billion Valero returns $2.6 billion to shareholders in second quarter Average throughput increased to 3 million bpd from…
American Electric Power Lifts Forecast as AI Fuels Electricity Demand
By July 30 (Reuters) – American Electric Power (AEP.O) on Thursday raised its current-year operating earnings forecast, supported by robust electricity demand from data centers and other large customers. U.S.…
Trump and Netanyahu Explored all Iran Options Including Attack, Israeli Official Says
(Reuters) – U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu explored all paths to curb Iran’s nuclear project in their meeting, including diplomacy, economic pressure and force, a…
NextEra, Brookfield Plan $100 Billion Kentucky Data Center Campus
(Reuters) – NextEra Energy, Brookfield and other companies are developing a $100 billion data center campus at a former uranium enrichment site in Paducah, Kentucky, the companies said on Wednesday. Soaring…
US-Saudi Consortium Advances Plans for $5 Billion Gulf refinery
(Reuters) – The MERA Oil consortium of U.S. and Saudi Arabian companies is advancing plans for a $5 billion integrated refinery and export corridor in the Gulf aimed at boosting…
US, Saudi Hit Iran’s Allies in Iraq; Trump Vows to Punish Iran for Firing at Troops
(Reuters) – The United States and Saudi Arabia jointly struck Iran-backed groups in Iraq on Wednesday, and President Donald Trump vowed to “beat the fucking shit” out of Iran for…
US Commercial Crude Stocks Fall to Lowest Since 2018 on Higher Exports, Refinery Processing, EIA Says
(Reuters) – U.S. commercial oil inventory drew more than expected last week as refineries stepped up processing and exports climbed, the Energy Information Administration said on Wednesday, as the war…
LNG Vessel Demand Climbs as US Leads Project Growth, GTT Says
By Global demand for liquefied natural gas carriers is expected to be stronger than previously forecast over the next decade, driven by a surge in final investment decisions for new…
