Baker CEO says 2025 Resilience Driven by AI Growth, Sees Oil Investment Slowdown
He, however, said Baker Hughes’ outlook for 2025 remains unchanged, with a high-single-digit decline in global upstream spending expected. Get the Latest US Focused Energy News Delivered to You! It’s…
COMMENTARY: How Fossil Fuels Make Earth More Livable Than It’s Ever Been – Alex Epstein
By Alex Epstein This is the fourth of the “Alex Notes” on my book —like Cliff’s Notes, but actually written by the author. (See , , and ). Myth: Fossil fuels have made the…
US Pushes Regulators on Connecting Data Centers to Grid
WASHINGTON, Oct 24 (Reuters) – U.S. Energy Secretary Chris Wright this week directed federal energy regulators to consider a rule aimed at speeding up the connection of power-hungry data centers…
Tokyo Gas Inks Deal to Explore Buying LNG From Alaska Project
By and A Tokyo Gas Co. storage tank in Tokyo, Japan. Photographer: Toru Hanai/Bloomberg Get the Latest US Focused Energy News Delivered to You! It’s FREE: Tokyo Gas Co. has…
Baker CEO Says 2025 Resilience Driven by AI Growth, Sees Oil Investment Slowdown
(Reuters) – Baker Hughes CEO Lorenzo Simonelli said on Friday the global macro environment remains resilient through 2025, despite geopolitical and policy headwinds, supported by the rapid deployment of generative…
US Drillers Add Oil and Gas Rigs For Second Week in a Row, Says Baker Hughes
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since September, energy services firm Baker…
U.S. Natural Gas Sector Deals Surge in 2025 on AI, LNG Demand From Asia
(Reuters) – U.S. natural gas dealmaking has surged in 2025 and is set to accelerate, analysts say, driven by record power demand from AI data centers, rising LNG exports and…
North Dakota Oil Output Likely Up in September But Set For Long-Term Downtrend, Regulator Says
By Georgina McCartney (Reuters) – HOUSTON, Oct 24 – North Dakota oil production is expected to have climbed slightly in September but is on track to fall in the longer…
Oil Slips on Skepticism About US Commitment to Russian Oil Sanctions
By Benchmarks pare early-day gains spurred by Thursday’s sanctions Brent, US crude both gain over 7% in the week Chinese state oil majors to suspend Russian oil purchases Indian refiners…
US Dollar Nearly Flat After Dipping on Soft Inflation
(Reuters) – The U.S. dollar was almost flat on Friday after dipping following fresh inflation data that showed that U.S. consumer prices increased less than expected in September, keeping the…
