Iran Will Halt Attacks as Long as US Maintains Pause, Iranian Source Says After Trump Calls Off Strikes

Iran will halt attacks as long as US maintains pause, Iranian source says after Trump calls off strikes Iran will halt its own attacks as long as the United States…

Most Gulf Coast Refineries Unaffected by Tropical Storm Bertha

(Reuters) – Operations were not affected ​at most of the 20 ‌refineries in the path of Tropical Storm Bertha this week, according to people ​familiar with operations at the individual…

Oil Falls on Report China Pushing for End US-Iran War

Brent, WTI fall by more than 5% before paring losses Trump vows to punish Iran for Houthi Red Sea attacks Strait of Hormuz tanker crossings subdued HOUSTON, July 24 (Reuters)…

US Energy Firms Cut Rigs for First Time in Six Weeks, Says Baker Hughes

(Reuters) – U.S. energy firms this week cut the number of rigs operating for the first time in six weeks, energy services firm Baker Hughes said in its closely followed…

Devon Energy Mulls $4 Billion Sale of Eagle Ford, Powder River Assets, Bloomberg News Reports

(Reuters) – U.S. oil and gas producer Devon Energy is weighing a potential sale of its Eagle Ford and Powder River shale assets that could fetch more than $4 billion,…

PERSPECTIVE: Wind and Solar Have an Important Role – But They Are Energy “Diversification”, Not Energy “Transition”

By EnergyNow Editorial Staff The debate over renewable and conventional energy is too often presented as a choice with wind and solar on one side, oil, natural gas, nuclear and…

Trump Pledge on Data Center Power Supplies Draws Skepticism

Summary Trump says tech companies have committed to fund or build infrastructure to meet their power needs Consumer anger at data centers’ power use and rising electricity bills an issue…

Top US Oilfield Services Firm SLB Beats Quarterly Profit Estimates

(Reuters) – SLB beat expectations for second-quarter profit on Friday, as resilient demand across key markets helped the top U.S. oilfield services firm ride out weakness in the Middle East…

Trump Vows to Punish Iran and Houthis for Attacks in Red Sea

(Reuters) – U.S. President Donald Trump promised “major military punishment” for Iran and its Houthi allies after the Yemeni fighters struck two Saudi oil tankers in the Red Sea, extending…

Fuel Swings Turn US Airline Earnings Forecasts Into Moving Targets

Summary Jet fuel surge upends airline profit forecasts American swings from potential raise to cut Fare gains lag sudden fuel-cost shocks Different fuel dates blur forecast comparisons (Reuters) – A…