Oil Edges Up Amid Broader Market Rally, Falling U.S. Crude Stockpiles
Summary Brent, WTI up after 2% drops in prior session US crude stocks fall, but gasoline and distillate increase Equities rally, helping oil, but strong dollar weighs (Reuters) – Oil…
Exxon to Acquire 40% Stake in Enterprise Bahia NGL Pipeline
The companies plan to boost capacity to 1 million barrels per day after the deal closes, expected by early 2026, by adding pumping stations and building a 92-mile extension to…
Ohio Regulators Order FirstEnergy to Pay More than $250 Million in Penalties and Refunds
Nov 19 (Reuters) – The Public Utilities Commission of Ohio on Wednesday ordered FirstEnergy’s (FE.N) Ohio utilities to pay $250.7 million in penalties and refunds after an investigation linked to…
West Scrambles to Fill Heavy Rare Earth Gap as China Rivalry Deepens
By As China limits exports, MP Materials leads US bid for alternatives Heavy elements dysprosium and terbium are hard to source Brazil emerges as key heavy rare earth ore exporter…
Schneider Electric Seals $2.3 Billion in US Data Centre Deals to Power AI Boom
By Schneider signs two deals with US data centre operators New agreements expected to generate nearly $2.3 billion in sales Company says its solution can scale AI capacity without raising…
Chevron CEO Wirth Sees Role in Rebuilding Venezuela Economy
By and Chevron Corp., the only major US oil company left in Venezuela, wants to remain in the sanctioned country for the long-term and sees a role in rebuilding its…
TotalEnergies CEO Warns Europeans Not to Overrely on US LNG
By TotalEnergies SE Chief Executive Officer Patrick Pouyanne said European nations should avoid becoming too reliant on imports of US liquefied natural gas as they prepare to further trim supplies…
US Natural Gas Futures Climb 4% on Near-Record LNG Flows and Cold December Forecast
(Reuters) – U.S. natural gas futures climbed about 4% on Wednesday on near-record flows to liquefied natural gas export plants and forecasts for higher demand than previously expected as the…
US, Saudi Tout New Business Deals at Investment Forum
(Reuters) – Saudi and U.S. officials on Wednesday touted billions in new investments and growing financial ties between the two countries coinciding with Saudi Arabian Crown Prince Mohammed bin Salman’s…
Saudi Arabia to Sign $30 Billion Worth of Energy Deals With US, Says Aramco CEO
Saudi Arabia will sign energy sector agreements with the U.S. worth $30 billion, the CEO of Saudi state oil giant Aramco, Amin Nasser, said on Wednesday in comments carried by…
