Oil Prices Set to Drop for a Second Week as US-China Trade War to Cut Demand
(Reuters) – Oil prices fell on Friday and were set to drop for a second week on concerns prolonged trade war between the United States and China, the world’s largest…
US Power Use to Reach Record Highs in 2025 and 2026, EIA Says
(Reuters) – U.S. power consumption will hit new record highs in 2025 and 2026, the U.S. Energy Information Administration said in its Short Term Energy Outlook (STEO) on Thursday. EIA…
South Bow Recovers 700 Barrels after Keystone Oil Release; No Restart Timeline
(Reuters) – South Bow on Thursday said it had recovered about 700 barrels of oil from a leak on the Keystone Pipeline earlier this week in North Dakota, which has…
US Will No Longer Require Green Analyses on Western States’ Oil, Gas Leases
(Reuters) – The Trump administration said on Thursday that it will no longer require environmental impact statements for oil and gas leases across the U.S. West, in a step toward…
US EIA Warns of Lower Oil Demand From Tariffs and Trade Uncertainty
(Reuters) – Recent developments in global trade policy are set to lower global oil and fuel demand growth through 2026, the U.S. Energy Information Administration (EIA) said on Thursday in…
New LNG Plant to Boost Venture Global Profits as Calcasieu Serves Long-Term Customers
(Reuters) – Venture Global Inc is about to start selling liquefied natural gas cargoes from a Louisiana export terminal to long-term customers rather than to the highest global bidder, but…
US Natgas Output and Demand to Hit Record Highs in 2025, EIA Says
(Reuters) – U.S. natural gas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on…
Global Investors Hunker Down for Volatility Even as Tariff Pause is Welcomed
(Reuters) – As the dust settles after a bruising week eased by U.S. President Donald Trump’s tariff pause, the takeaway from global investors is loud and clear: market turbulence is…
China Trade Spat Undermines Trump’s ‘Max Pressure’ Iran Campaign: Bousso
By Ron Bousso US ratcheting up pressure on Tehran over nuclear programme China bought 77% of Iran’s oil in 2024, valued at $29 billion China could use Iran trade in…
Mubadala Energy Takes Stake in Kimmeridge Gas, LNG Projects in US
Mubadala Energy, an arm of one of Abu Dhabi’s sovereign wealth funds, signed a deal on Thursday with energy investor Kimmeridge that will give it stakes in gas assets in…
