NOT SO! Shell CEO Says Oil Major Does Not Have to Buy assets Anytime Soon

(Reuters) – Shell  CEO Wael Sawan said on Tuesday the oil major does not have to buy additional assets anytime soon to deliver on its 2030 targets. Get the Latest US…

Duke Energy Forecasts Higher 2026 Profit on Strong Power demand

(Reuters) – Utility firm Duke Energy  forecast a higher current-year profit on Tuesday on the back of strong power demand. The rapid buildout of AI data centers and accelerating power consumption…

US Energy Producer Presidio Plans First-of-Kind $1 Billion Goldman Debt Facility to Fund Deals

Summary Presidio’s Goldman facility is a first in oil and gas industry Acquisition finance provided by Goldman, with debt held by bank for use in future ABS Structure offers lower…

US Natural Gas Futures Fall More Than 8% on Milder Forecasts

(Reuters) – U.S. natural gas futures fell by more than 8% on Monday on forecasts for milder weather than previously expected for the rest of the month, erasing the previous…

Chevron’s Tengiz Oilfield Back to 60% of Usual Output, Two Sources Say

Tengiz output has recovered to about 550,000 bpd, sources say Full recovery expected by February 23 Kazakhstan’s overall oil production on the rise January fires at power facilities caused prolonged…

TotalEnergies to Provide Solar Power to Google’s Texas Data Centres

Feb 9 (Reuters) – French oil major TotalEnergies (TTEF.PA) on Monday signed two long-term deals to supply solar power to Google’s (GOOGL.O) data centres in Texas, as it looks to…

US Natural Gas Futures Extend Decline as Forecasts Shift Warmer

By and US natural gas dropped for a second session on the outlook for warmer temperatures across large parts of the country, likely trimming demand for the heating and power-plant…

Ranked: The Jobs Most Exposed to Generative AI, According to Microsoft – Visual Capitalist

By | Article/Editing: | Graphics/Design: Key Takeaways Language-heavy and information-based roles rank as the most exposed to generative AI, according to Microsoft’s recent research. Interpreters, historians, writers, and customer service…

Shell Needs Big Discovery or Deals as Oil, Gas Reserves Dwindle

By and Shell reserves at lowest since at least 2013, faces output gap Reserve life 8 years, markedly below Exxon Analysts see need for M&A, exploration success LONDON, Feb 9…

Oil Prices Stable After Iran Disruption Concerns Ease, Russian Flow to India Slows

Summary Oil prices fall as US-Iran talks ease supply fears Iran threatens US bases if attacked, despite talks EU proposes ban on services supporting Russia’s oil exports India moving away…