South Korea Vice Minister to Travel to Alaska for Gas Project Talks, Yonhap Says
South Korea’s vice industry minister Choe Nam-ho is planning to travel soon to Alaska as part of working-level negotiations between the United States and South Korea over Alaska’s liquefied natural…
Oil Price Drop Turns up Heat on Emerging Market crude Exporters
Summary • Oil price drop seen hitting exporters disproportionately• Angola faced a margin call after bond market rout• Nigeria’s carry trade stops being attractive on oil fall• Gulf exporters likely…
Oil Prices Dip After IEA Cuts Demand Outlook
Summary • Trump administration provides busy tariff news flow• IEA slashes oil demand forecast for this year and next• China imports more Iranian crude oil (Reuters) – Oil prices inched…
Indonesia to Propose $10 Billion US Energy Imports Increase in Tariff Talks
(Reuters) – Indonesia will propose increasing its imports of crude oil and liquefied petroleum gas from the United States by around $10 billion as part of its tariff negotiations, energy…
JP Morgan Cuts Oil Price Forecasts on Weak Demand, Higher Output
April 14 (Reuters) – JP Morgan on Monday lowered its oil price forecasts for 2025 and next year, citing higher production from OPEC+ and weaker demand. The bank cut its…
Head of Biggest US Power Grid, PJM, to Step Down
April 14 (Reuters) – The CEO of the largest U.S. power grid, PJM Interconnection, will leave his post at the end of the year, the organization said on Monday. Manu…
Capital Power to Expand in PJM Power Market with $2.2 Billion Deal
Power Lines Canadian power producer Capital Power Corp said on Monday it would buy two natural-gas fired power plant operators located in the PJM market for about $2.2 billion.The deal…
South Bow Watching Weather Before Proceeding With Keystone Pipeline Restart
(Reuters) – Pipeline operator South Bow said Monday it is keeping an eye on inclement weather before proceeding with a planned controlled restart of its Keystone oil pipeline system. The…
US Natgas Prices Drop 6% to 9-Week Low on Record Output, Lower Demand
(Reuters) – U.S. natural gas futures fell about 6% to a nine-week low on Monday on record output over the weekend and forecasts for less demand next week than previously…
Chevron-Chartered Vessel to Complete Oil Cargo Return in Venezuela, Data and Source Say
(Reuters) – A vessel chartered by Chevron carrying some 500,000 barrels of Venezuelan oil is about to complete the discharge of the cargo at a Venezuelan port, according to shipping…
