India-US Spat Over Trade and Oil Threatens Wider Fallout
U.S. President Donald Trump’s tirade against India over trade and Russian oil purchases threatens to undo two decades of diplomatic progress, analysts and officials say, and could derail other areas…
Secondary Sanctions on Russia to be Implemented on Friday, White House Official Says
Witkoff met Putin for around three hours on a last-minute mission to seek a breakthrough in the 3-1/2-year war that began with Russia’s full-scale invasion of Ukraine. Trump has threatened…
US Crude Inventories Fall as Exports Rise, EIA Says
*Distillate stockpiles drop unexpectedly, down by 565,000 bbls Get the Latest US Focused Energy News Delivered to You! It’s FREE: (Updates throughout, adds market reaction) By Stephanie Kelly NEW YORK,…
US Needs to Ramp Up LNG Production to Satisfy Trade Deals
Countries are cutting trade deals with President Donald Trump by pledging to buy more American energy, and it’s likely most of these additional purchases will be of liquefied natural gas.…
Energy Transfer to Build $5.3 Billion Texas-to-Arizona Natural Gas Pipeline
Energy Transfer LP is moving forward with plans to build a $5.3 billion natural gas pipeline from the Permian Basin to markets in New Mexico and Arizona. The expansion of the company’s Transwestern…
Diesel Pump Prices Are Surging in Potential Boost to Inflation
US diesel prices have surged to the highest in almost a year due to tightness in global supplies, according to Bloomberg. The national average price of a gallon of diesel…
Williams CEO Sees LNG Taking Up More Than 25% of US Gas Market
An LNG vessel in Brevik, Norway. Williams Cos., one of the world’s largest pipeline operators, projects liquid natural gas will expand to become more than 25% of the US gas…
TotalEnergies Won’t Invest in NextDecade’s Train 5 LNG Project, Sources Say
Summary Total prioritizes LNG projects with low liquefaction costs Tariffs raised Rio Grande construction costs Total pushing ahead with its own projects in Mozambique, PNG Aug 6 (Reuters) – TotalEnergies has…
NRG Energy Beats Quarterly Profit Estimates, Inks 295 MW Deal to Power Data Centers
By Reuters Reuters) – NRG Energy beat Wall Street estimates for second-quarter profit on Wednesday, as the utility got a boost from surging power demand and improved retail margins in its…
Oil Rebounds on Trump Threats on Russian Crude Buyers
Summary Oil prices rebound amid supply disruption concerns API crude draw data supporting prices, analysts say (Reuters) – Oil prices rebounded from the previous session’s five-week low on Wednesday, as…
