US Refinery Utilization Hits to Highest in Over Two Years, EIA Says
(Reuters) – U.S. utilization of refinery operable capacity rose to 95.5% last week, the highest since June 2023, data from the U.S. Energy Information Administration showed on Wednesday. Refinery utilization…
US Crude, Gasoline Stockpiles Fall, Distillates Build, EIA Says
(Reuters) – U.S. crude oil and gasoline inventories fell last week, buoyed by stronger demand and exports, while distillate stockpiles rose, the U.S. Energy Information Administration (EIA) said on Wednesday.…
US Gas Firms EQT, Range Boost Output Plans for 2025
(Reuters) – U.S. energy companies EQT and Range Resources expect to produce more natural gas in 2025 to meet rising demand for the fuel without boosting planned spending. Demand for…
In Rare Move, California Steps in to Find Buyer for Valero Refinery to Avoid Closure, Sources Say
(Reuters) – California government officials are trying to find a buyer for Valero Energy’s Benicia refinery near San Francisco, three sources familiar with the matter said, an unusual effort as…
Dealmaking in US Upstream Oil and Gas Tumbles as Volatility Rattles Investors
By Volatility in markets slows M&A in US upstream oil and gas Major deals by EOG Resources and Viper Energy dominate Q2 Future M&A may focus on international opportunities, says…
Trump Says Japan, US to Form LNG Joint Venture
(Reuters) – U.S. President Donald Trump said on Tuesday that Japan will form a joint venture to develop a liquefied natural gas project in Alaska though a Japanese government official…
COMMENTARY: American Energy Dominance Requires American Emissions Dominance: John Westerheide – Kathairos Solutions
Below is an op-ed from , Chief Revenue Officer , on the strategic future of American energy. It argues that in today’s global economy, true energy dominance must also mean…
EQT Beats Second-Quarter Profit Estimates on Higher Natgas Prices, Sales Volumes
The energy sector has been benefiting from a rise in demand for natural gas, helped by LNG exports and increasing power consumption due to hotter temperatures and data center operations.…
ConocoPhillips Nears Sale of Oklahoma Assets to Stone Ridge Energy
By Stone Ridge Energy emerged as top bidder in auction of assets Flywheel Energy to operate assets on behalf of Stone Ridge, source says ConocoPhillips aims to surpass $2 billion…
US Energy Chief Says Sanctioning Russian Oil to End Ukraine War a Possibility
“It is huge pressure on Russia,” Wright said in an interview on Fox News’ “Special Report with Bret Baier.” Get the Latest US Focused Energy News Delivered to You! It’s…
