Oil Prices Fall as Oversupply Concerns Overshadow US Government Reopening

(Reuters) – Oil prices fell 1% on Wednesday, weighed down by oversupply in the market despite expectations that an end to the longest-ever U.S. government shutdown could boost oil demand. Brent crude…

TotalEnergies Agrees Renewable Power deal with Google for Ohio Data centres

By Reuters Nov 12 (Reuters) – Oil major TotalEnergies  has agreed a 15-year power purchase deal to supply Alphabet’s Google  with 1.5 terawatt hours of renewable electricity from its Montpelier solar farm in…

Chevron Targets 10% Annual Cash Flow Growth Through 2030, Higher Cost Cutting

Summary Chevron 2030 plan underscores efficiency drive Oil and gas production to grow 2%-3% annually Chevron to reduce capex, increase cost-reduction target HOUSTON, Nov 12 (Reuters) – Chevron  said on…

COMMENTARY: IEA’s Bullish Oil Outlook is a Nod to Trump, Wake-Up Call for World: Bousso

The International Energy Agency’s latest outlook signals that oil demand may continue rising into 2050, a sharp shift from its previous reports and a stark reminder of how dominant black…

US Natgas Futures Extend Rally to Eight-Month High on Bets of Fresh December Cold, Firm Power Demand

U.S. natural gas futures rose 5% on Tuesday, extending gains to an eight-month high, as traders bet on another round of cold weather in December and firmer power demand, even…

Occidental Petroleum Forecasts Flat Production, Lower Spending in 2026

Occidental expects 2026 production to be flat to up 2%, driven primarily by unconventional Permian operations, Chief Financial Officer Sunil Mathew said on a conference call, a day after the…

Venture Global and Mitsui Announce 20-Year LNG Sales and Purchase Agreement

bal’s third long-term contract with a Japanese company 6.75 MTPA of long-term contracts signed by Venture Global to date in 2025 ARLINGTON, Va.–(BUSINESS WIRE)–Today, Venture Global, Inc. (NYSE: VG) and…

Shell Challenges Venture Global Arbitration Decision in New York Supreme Court

A Shell spokesperson confirmed the filing, which was made on Monday. Get the Latest US Focused Energy News Delivered to You! It’s FREE: Shell and other firms including BP, Edison…

HONORING VETERANS DAY – 8 Ways to Say Thank-You Veterans on Veterans Day

November 11th is a day set aside each year to honor those who have served and continue to serve our nation. Get the Latest US Focused Energy News Delivered to…

Oil Prices Rise as Investors Balance Sanctions Risks, Oversupply Worries

(Reuters) – Oil prices rose on Tuesday due to the impact of the latest U.S. sanctions on Russian oil, although oversupply concerns limited gains. Brent crude futures were up 67…