US Will Not Complete Oil Deliveries into its Reserve Until Year-end

“Due to site maintenance, the SPR rescheduled crude oil secured from previous solicitations, as well as exchanges, through December 2025,” an Energy Department spokesperson told Reuters. Get the Latest US…

US Proposes Gulf of Mexico Oil and Gas Lease Sale in December

June 25 (Reuters) – The Trump administration is proposing to hold a sale of oil and gas drilling rights on 80 million acres (32.4 million hectares)in the Gulf of Mexico…

Trump Administration Has ‘No Imminent Plans’ to Refill Nation’s Emergency Oil Reserve

(Reuters) – The Trump administration has no imminent plans for refilling the nation’s Strategic Petroleum Reserve, White House spokeswoman Karoline Leavitt said on Thursday. The emergency oil reserve is currently…

Hawkish Fed Could Inflict Markets’ Biggest ‘Pain Trades’: McGeever

By Jamie Mcgeever (Reuters) – As the first half of the year closes, financial markets are in limbo, waiting to see how the kaleidoscope of global trade deals will –…

Governor Announces First Texas Energy Fund Loan for 122 MW Natural Gas Facility

June 26 (Reuters) – Texas Governor Greg Abbott announced on Thursday that the first Texas Energy Fund (TEF) loan agreement will be used to fund a 122 megawatt (MW) natural…

Siemens Energy Targets US Transformer Production in 2027, Can Further Expand Factory

By Siemens Energy could further expand Charlotte plant if needed Taking long-term view on US market, CFO says Big US tariff hike would spark review of expected policy impact ERLANGEN,…

Tokyo Gas in Talks to Seal Long-Term US LNG Purchase Deals

By and Tokyo Gas Co. is in discussions with multiple US liquefied natural gas suppliers to secure a long-term purchase agreement, as rising energy demand leaves Japan increasingly dependent on…

IT’S COMING BACK! Everything We Know About LANDMAN Season 2

Billy Bob Thornton as Tommy Norris in LANDMAN Now that Taylor Sheridan’s new show Landman has aired its season finale, fans are already eager to know if the Texas-set drama will be back for…

US Dollar Plunges as Trump Pummels Powell

The U.S. dollar is on course for its worst first half year since 1973, as it plummeted again on Thursday amid rising expectations for Federal Reserve easing and statements from…

Oil Steady as Investors Shift Focus to Demand Signals

Summary Brent, WTI trading below their levels right before Iran-Israel conflict Market focus switching to fundamentals, analysts say Data shows US ‘driving season is in full swing’, ANZ says (Reuters)…