US Natgas Output and Demand to Hit Record Highs in 2025, EIA Says

(Reuters) – U.S. natural gas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on…

Global Investors Hunker Down for Volatility Even as Tariff Pause is Welcomed

(Reuters) – As the dust settles after a bruising week eased by U.S. President Donald Trump’s tariff pause, the takeaway from global investors is loud and clear: market turbulence is…

China Trade Spat Undermines Trump’s ‘Max Pressure’ Iran Campaign: Bousso

By Ron Bousso US ratcheting up pressure on Tehran over nuclear programme China bought 77% of Iran’s oil in 2024, valued at $29 billion China could use Iran trade in…

Mubadala Energy Takes Stake in Kimmeridge Gas, LNG Projects in US

Mubadala Energy, an arm of one of Abu Dhabi’s sovereign wealth funds, signed a deal on Thursday with energy investor Kimmeridge that will give it stakes in gas assets in…

Energy Transfer Signs Deal with MidOcean for Lake Charles, Louisiana, LNG Project

MidOcean will pay for 30% of the construction costs of the facility and receive 30% of the LNG production, or roughly 5.0 million metric tonnes per annum (MTPA). Energy Transfer…

Google Deploys AI to Speed up Connections at PJM, Largest US Power Grid

Summary • Electricity customers hope to cut wait times to connect to grid• The first time AI will be used to manage grid connections• US power demand jumps as Big…

Want to Cut Your Trade Surplus with Trump? Crude, LNG and Coal Can Help – A Bit: Russell

One of these is that countries seeking to cut a deal with Trump will try to purchase more U.S. goods in order to lower their trade surpluses with the United…

‘Store, Baby, Store’ – Texas Is Ground Zero for the US Battery Boom

A battery storage complex in Houston.Photographer: Jason Fochtman/Houston Chronicle/Getty Images Texas installed 4 gigawatts of battery capacity last year, surpassing California’s pace for the first time. Big batteries in Texas…

Taiwan Aims to Triple US Share of LNG to Avoid Tariffs

Taiwan is planning a surge in US purchases over the next decade that would triple the share of American liquefied natural gas in the island’s mix. State-operated entities could buy…

Occidental Petroleum Flags Higher Prices for Oil and Gas Production in Q1

April 9 (Reuters) – U.S. shale firm Occidental Petroleum (OXY.N) said on Wednesday the prices it received for oil and gas production during the first quarter were higher than in…