BP to Push Ahead with $5 Billion Tiber-Guadalupe Project in Sharpened US Focus
Summary Tiber-Guadalupe project to produce 80,000 barrels per day by 2030 BP’s US output target is over 1 million boepd by 2030 Tiber-Guadalupe fields estimated to hold 350 million barrels…
PERSPECTIVE: Can Small Nuclear Reactors Help Power the AI Boom and Fight Climate Change?
An illustration of a Rolls-Royce small modular reactor. Much of the world had been turning away from traditional nuclear power in recent decades. Aging plants, high construction costs, security risks…
Ares Management to Acquire Meade Pipeline for $1.1 Billion
(Reuters) – Ares Management said on Monday its infrastructure funds have bought Meade Pipeline for about $1.1 billion, adding a key natural gas asset to its U.S. energy business as…
Occidental Petroleum in Talks to Sell OxyChem Unit, FT Says
Occidental Petroleum Corp. is in talks to sell its OxyChem petrochemical unit in a deal worth at least $10 billion. The divestment would be the US company’s biggest yet and…
Oil Gains on Ukraine Drone Attacks Cutting Russian Supply
Summary Ukraine attacks dent Russian refining capacity Some Russian regions face fuel shortages Iraq’s Kurdistan to resume oil flows to Turkey Brent and WTI benchmarks set for strong weekly gains…
Oil Gains on Ukraine Drone Attacks Cutting Russian Supply
By Ukraine attacks dent Russian refining capacity Some Russian regions face fuel shortages Iraq’s Kurdistan to resume oil flows to Turkey Brent and WTI benchmarks set for strong weekly gains…
US Tells India Russian Oil Curbs Key to Trade Deal Progress
(Reuters) – U.S. trade negotiators have told their Indian counterparts that curbing purchases of Russian oil is crucial to reducing India’s tariff rate and sealing a trade deal, two people…
US Oil and Gas Rig Counts Rises to Highest Since June, Says Baker Hughes
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row for the first time since February, energy services firm Baker…
COAL, BABY COAL – US Urges Utilities to Keep Coal-Fired Plants Running as AI Demand Booms, Energy Secretary Says
The administration of U.S. President Donald Trump is urging utilities across the country to keep coal-fired power plants running longer, in part to help deliver the vast amount of electricity…
US Oil Flows to Asia Face Pressure From Expensive Tanker Rates
Demand for supertankers means there are fewer vessels available to ferry oil from the Americas to Asia. Photographer: Tim Rue/Bloomberg Takeaways by Bloomberg AI Crude from the US could become too…
