STUDY: Average U.S. Tariffs Increased From 1.5% to 28%, Now Comparable to Rates in Iran and Sudan
By and US Economic Freedom in a Trade War: Economic Freedom of the World 2025 Pre-release President Trump claims that the United States has been “ripped off by virtually every…
US Natgas Prices Drop 4% to Nine-Month Low on Record Output, Cooler Weather
(Reuters) – U.S. natural gas futures fell about 4% to a nine-month low on Tuesday on near-record output, ample fuel in stockpiles and forecasts for less hot weather and lower…
Consolidation Reshapes the U.S. Oil and Gas Industry: EY Study Finds the Sector Shrinking From Top 50 to Top 40 Players
Year-over-year mergers and acquisitions (M&A) activity surged 331%, totaling $206.6 billion Focus shifts to future drilling potential through strategic acquisitions Capital returned to shareholders declined NEW YORK, Aug. 19, 2025…
US Treasury Chief Bessent Accuses India of Profiteering on Russian Oil Purchases
By WASHINGTON, Aug 19 (Reuters) – U.S. Treasury Secretary Scott Bessent on Tuesday accused India of profiteering from its sharply increased purchases of Russian oil during the war in Ukraine,…
US Oil and Gas M&A Activity Tripled Last Year, Report Says
(Reuters) – Mergers and acquisitions in the U.S. oil and gas sector tripled last year despite softer commodity prices as energy companies boosted spending to improve efficiency and profits, according…
BP’s 440,000-bpd Refinery in Whiting, Indiana, Reports Flaring Due to Severe Thunderstorms, Company Says
(Reuters) – BP’s 440,000-barrel-per-day refinery in Whiting, Indiana, on Tuesday reported flaring due to flooding caused by a severe thunderstorm overnight, the company said. “The Whiting Refinery’s operations were impacted…
Woodside Cuts Exploration, Shifts Focus to $39 Billion Project Pipeline After Profit Drop
Summary Co’s HY25 underlying NPAT falls to $1.25 billion Declares dividend at top end of payout ratio despite debt rising Woodside ‘absolutely focused’ on delivery, CEO says (Reuters) – Woodside…
Black Hills to Buy Utility Firm NorthWestern Energy for $3.6 Billion
(Reuters) – Utility company Black Hills said on Tuesday it would buy peer NorthWestern Energy Group for $3.6 billion. The all-stock deal, which has an enterprise value of $15.4 billion, would…
Freeport LNG in Texas Recovers from Brief Reduction, Gas Intake Rises, LSEG data Shows
When flows to Freeport drop, gas prices in the U.S. usually decline due to lower demand from the export plant for the fuel. Get the Latest US Focused Energy News…
Oil Prices Fall as Ukraine Talks Raise Prospect of Sanctions Easing
Summary Oil prices down after previous session’s 1% gain Geopolitical risks have eased for oil this week -analyst Trump says US would help guarantee security for Ukraine LONDON, Aug 19…
