Oil Extends Decline as US Presses for Russia-Ukraine Peace Deal

Summary Shifting interest rate outlook and strong dollar weigh on prices Ukraine will work with Washington on peace plan, says Zelenskiy US sanctions on Lukoil and Rosneft take effect on…

Shale Oil’s Next Revolution Should Worry OPEC – Javier Blas

By Even after years of technological breakthroughs, the shale industry still leaves most of the oil underground. At best, American drillers siphon away 15% to 10% of what’s potentially available;…

Trump Energy Department Reorganizes Around Fossil, Nuclear Priorities

DOE reorganizes to prioritize oil and nuclear over renewables New divisions include Hydrocarbons and Geothermal Energy Office DOE did not say whether jobs would be affected Nov 20 (Reuters) –…

Venezuela Approves 15-Year Extension of Russia-Linked Oil Joint Ventures

By CARACAS, Nov 20 (Reuters) – Venezuela’s National Assembly on Thursday approved a 15-year extension of the joint ventures between state company PDVSA and a unit of Russia’s Roszarubezhneft that…

Trump Plan Targets Florida, California for Coastal Oil Drilling

By The Trump administration is proposing to open new areas off of California, Florida and Alaska to crude drilling as part of a draft blueprint released Thursday that would dramatically…

Biggest Gas Pipeline Buildout Since 2008 Propels Trump Energy Push

By The biggest natural gas pipeline boom in nearly 20 years is unfolding in the US South as companies build systems to feed massive export terminals rising along the Gulf…

COMMENTARY: Investors Risk Being Hoodwinked by Grim Energy Transition Vibes – Ron Bousso

By Investment in low-carbon energy to reach $2.2 trillion this year Global renewable power capacity is forecast to double by 2030 Trade tensions to nevertheless slow the energy transition LONDON,…

Biggest US Power Grid Operator Moving Forward With Plan to Manage Data Centers

(Reuters) – Operators of the U.S. electric grid covering the world’s largest data center market on Wednesday said they planned to move forward with a plan to manage the connection…