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…
Oil Set For Biggest Weekly Gain in Three Months as Russia Cuts Fuel Exports
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 4% weekly gains…
Chevron Expects up to $400 Million Quarterly Impact from Hess Deal
Excluding severance charges and other costs related to the $55 billion transaction, the U.S. energy major expects an impact of $50 million to $150 million on adjusted earnings in the…
Hydrogen Hype vs. Reality
By Henry Joyce Hydrogen has become the poster child of the energy transition. Governments tout it as a universal solution, investors pour billions into projects, and oil majors reposition themselves…
Oil Pulls Back From Seven-Week High Amid Cautious Outlook
Summary Price drops likely due to profit-taking, analysts say Supply-demand concerns back in focus for fourth quarter Geopolitical concerns key upside driver for recent gains, analyst says (Reuters) – Oil…
Oil Prices Surge 3% to 7-Week High as Surprise US Stockpile Draw Adds to Supply Worries
By Surprise drop in US crude inventories boosts oil prices Ukraine strikes Russian oil stations, raising supply concerns Iran says crude sales to China should continue irrespective of UN sanctions…
Orsted Resumes Work on US Offshore Wind Farm After Stop-Work Order Lifted
COPENHAGEN, Sept 24 (Reuters) – Denmark’s Orsted (ORSTED.CO) said on Wednesday it had resumed work on a U.S. offshore wind project after a federal judge on Monday ruled it could…
US Intends to Cancel $13 Billion in Funds for Green Energy
Sept 24 (Reuters) – The U.S. Department of Energy intends to cancel more than $13 billion in funds that the Biden administration had pledged to subsidize wind, solar, batteries and…
Oil, Gas Production Slipped in Q3 2025, Dallas Fed Survey Shows
(Reuters) – Oil and gas production and activity in the key producing states of Texas, Louisiana and New Mexico declined slightly in the third quarter of 2025, according to the…
