Repsol Weighs Merger of $19 Billion Upstream Unit With APA, Bloomberg News Reports
(Reuters) – Spain’s biggest refinery operator Repsol SA is considering a reverse merger of its upstream unit with potential partners, including U.S. energy producer APA, Bloomberg News reported on Thursday,…
Trump Administration Revokes Biden-Era Limits on Alaska Oil Drilling
(Reuters) – The Trump administration on Thursday finalized its rollback of Biden-era limits on oil and gas drilling in an Alaska area that is the nation’s largest tract of undisturbed…
Goldman Sachs Sees Global Oil Demand Growing Through 2040
(Reuters) – Goldman Sachs expects global oil demand to grow to 113 million barrels per day in 2040 from 103.5 mbpd in 2024, driven by rising energy needs and ongoing…
Is This Exxon’s New Climate Delay Tactic?
The oil giant is pushing for a new carbon accounting method, which worries climate advocates but shows Exxon is sticking with its emission-reduction goals despite Trump’s attacks on low-carbon energy…
Oil Prices Tick Up After Steep Losses in Previous Session
Summary API shows rise in weekly US crude, sources say OPEC report says oil supply will match demand in 2026 IEA says oil, natural gas demand to grow through 2050…
LNG Prices Will Drop in 2026 to Absorb Supply Surge, But by How Much?: Russell
The liquefied natural gas market is bracing for a surge in supply next year, largely from top exporter the United States, but what is less certain is just how low…
Confident Chevron Brushes Off Oversupply and Energy Transition Fears: Bousso
It appears that U.S. President Donald Trump’s strong support of the fossil fuel industry and his “energy dominance” agenda have provided Chevron – like its Big Oil peers – with…
EIA Raises US Oil Output Forecast, Says Oversupply Will Weigh on Prices
(Reuters) – U.S. oil production is expected to set a larger record this year than previously forecast, even as global oil supply outpaces fuel demand, the Energy Information Administration said…
BP in Active Talks With Stonepeak Over Castrol Sale, Sources Say
(Reuters) – BP is in active talks with investment firm Stonepeak over the sale of its Castrol lubricants unit, two people with knowledge of the situation said, in what would…
Billions Flow to US Nuclear Sector With Payoff Still Years Away
By The control room at the Three Mile Island nuclear power plant in Middletown, Pennsylvania. Photographer: Michelle Gustafson/Bloomberg Get the Latest US Focused Energy News Delivered to You! It’s FREE:…
