US Supreme Court to Hear Enbridge’s Venue Challenge to Michigan’s Pipeline Case
The U.S. Supreme Court agreed on Monday to hear Enbridge’s bid to change the venue of Michigan’s lawsuit seeking to force the Canadian pipeline operator to stop operating a pipeline underneath…
US Crude Oil Output Hit Record in April, EIA Data Shows
Gasoline demand rose 145,000 bpd to 8.91 million bpd in April, the highest since October, the EIA said. Get the Latest US Focused Energy News Delivered to You! It’s FREE:…
Morgan Stanley Sees Brent at $60/bbl by Early Next Year
Brent crude will likely retrace to around $60 per barrel by early next year, with the market being well supplied and geopolitical risk abating following the Israel-Iran de-escalation, Morgan Stanley…
Oil Edges Up as Investors Await OPEC+, Tariff Talks
(Reuters) – Oil prices were slightly higher on Tuesday as investors assessed expectations that OPEC+ will announce an output hike for August at an upcoming meeting as well as trade…
US Senate Bill’s Clean Energy Cuts Draw Backlash From Labor, Business and Elon Musk
“Taxing energy production is never good policy, whether oil & gas or, in this case, renewables,” said Neil Bradley, policy director of the U.S. Chamber of Commerce, in a post…
US Diesel Demand in April Stronger Than Expected Despite Tariffs
Tractor trailers parked at a truck stop fuel pump in Whiteland, Indiana. Bloomberg News US diesel demand, a closely watched measure of the country’s economic health, was higher in April than…
Boom-and-Bust Oil Puts Houston at Center of Real Estate Crisis
President Donald Trump is championing a revival of American fossil fuels with calls to “drill baby drill.” But in the US energy capital, a pullback in the industry has already left its…
Trump Issues Permit Allowing South Bow to Operate Pipeline at US-Canada Border
U.S. President Donald Trump issued a presidential permit on Monday authorizing South Bow to operate and maintain pipeline facilities at Cavalier County, North Dakota, at the U.S.-Canada border.This permit supersedes…
Argentina Asks UK Court to Pause Enforcement in $16 Bln Oil Company Seizure Case
Petersen Energia Inversora and Eton Park Capital Management, backed by litigation funder Burford Capital, won the ruling in a New York court and say they are now owed more than…
Larger Deals Power Global M&A in H1, Bankers Signal Appetite for Megadeals
Mergers and acquisitions during the first half of this year were not what investment bankers had hoped for, but a burst of big deals in Asia and renewed optimism in…
