U.S. Oil Firms Unlikely to Go ‘Drill, Baby, drill’ Under Trump, says Exxon Executive – “Everybody is Focused on the Economics”

U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil  said on Tuesday.…

Trump’s Energy Czar Burgum Is a Powerful Cabinet Pick – If Trump Stays Happy

North Dakota Governor Doug Burgum, chosen by President-elect Donald Trump to lead the Department of the Interior, could end up being one of the most quietly influential members of the…

All 3 Trains at Freeport LNG Plant in Texas Seen Back on Monday, LSEG Data Shows

(Reuters) – All three liquefaction trains at Freeport LNG’s export plant in Texas were expected to be back in service on Monday, according to preliminary data from financial firm LSEG.…

Oil Falls More Than 2% on Possible Middle East Peace Deal

(Reuters) – Oil prices fell more than 2% on Monday after multiple reports that Israel and Lebanon had agreed to the terms of a deal to end the Israel-Hezbollah conflict,…

AI Boom Propels a Wild-West-Era Texas Landowner to 230% Stock Rally

US data center power demand is expected to grow about 170% by 2030, according to Goldman Sachs Group Inc. A Texas land company founded during the Wild West era more…

How Indian Billionaire Gautam Adani’s Alleged Bribery Scheme Took Off and Unraveled

Summary India’s Gautam Adani charged in US over alleged bribes SEC investigation dates back at least two years FBI seized Adani nephew’s electronics in 2023 (Reuters) – In June of…

COMMENTARY: Gauging The likely Trump Effect on U.S. Energy & Power Sectors

By  (Reuters) – President-elect Donald Trump’s support for the fossil fuel sector and climate scepticism have sparked dismay throughout the global climate tracking community, and fears that his policies may…

Oil Rises After Selloff on Possible Middle East Ceasefire

Summary Israel and Hezbollah close to ceasefire deal OPEC+ could leave output cuts in place from Jan. 1 Trump says he will impose 25% tariff on Canadian, Mexican goods President-elect…

Adani’s ‘Renewable Energy Marvel’ trapped in US Bribery Indictment

Workers install solar panels at the Khavda Renewable Energy Park of Adani Green Energy Ltd (AGEL) in Khavda, India, April 12, 2024.REUTERS/Amit Dave/File Photo  Summary Adani Green at centre of…

IEA chief Birol Sees ‘Comfortable’ Oil Markets, Unless Geopolitical Shock

Executive Director of International Energy Agency (IEA) Fatih Birol gives a speech during Equinor’s Autumn Conference 2024 at Det Norske Teater in Oslo, Norway November 26, 2024. Thomas Fure/NTB/via REUTERS…