Trump’s Flip-Flop on Emergency Oil Reserves Has its Merits
*Trump budget sharply reduces planned spending of SPR purchases *Emergency stocks at 56% of capacity *Trump has vowed to fill storage ‘right to the top’ Get the Latest US Focused…
Argentina Appeals U.S. Court Order to Transfer 51% YPF Stake
(Reuters) – Argentina has filed notice that it is appealing a U.S. court ruling that ordered the country to give up the 51% stake it holds in state energy company…
COMMENTARY: Fossil Fuels Show Staying Power as EU Clean Energy Output Dips – Maguire
By LITTLETON, Colorado, July 10 (Reuters) – Utilities across the European Union cranked output from natural gas and coal-fired power plants during the opening half of 2025, boosting power sector…
US Natgas Prices Climb 3% on Small Storage Build, Rising LNG Export Flows
(Reuters) – U.S. natural gas futures climbed on Thursday on a smaller-than-expected storage build, rising gas flows to liquefied natural gas export plants and forecasts for hotter-than-normal weather over the…
Chevron Shifts From Local to Centralized Hubs to Cut Costs
By and Chevron Corp. is reducing local and regional business units in favor of a more centralized model to improve performance and cut as much as $3 billion of costs…
Trump Calls Wind, Solar Bad for Power Grid. Texas Shows Otherwise
Summary Texas grid relies increasingly on solar and wind power State reduces blackout risk with battery storage Big fossil fuel dependent grid PJM doing worse on cost and reliability (Reuters)…
APA Curtails US Natgas and NGL Production in Second quarter on Weak Prices
`-The U.S. oil and gas producer also completed the sale of its New Mexico assets in June, a deal announced in May. APA said the transaction reduced its second-quarter U.S.…
Oil Edges Down Amid Bearish Trump Tariff Outlook
Summary Threat of 50% tariffs on Brazil, copper cloud growth outlook Weaker dollar, U.S. gasoline demand growth provide support OPEC+ actual output unlikely to rise much, even with quota increases…
US Crude Stocks Rise, Gasoline and Distillate Inventories Fall, EIA Says
(Reuters) – U.S. crude stocks rose while gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 7.1 million barrels to 426…
COMMENTARY: Trump’s Big Bill Shrinks America’s Energy Future – Cyran
By NEW YORK, July 9 (Reuters Breakingviews) – One fact dominates the U.S. economy: it needs more power. After a long period in which demand for electrons flatlined, it is…
