UAE Oil Firm ADNOC Upping US Investments, Says AI Once-in-a Generation Investment Opportunity
(Reuters) – ADNOC chief Sultan al-Jaber said on Tuesday the state oil company of the United Arab Emirates was looking to grow its U.S. energy investments six-fold to $440 billion…
Solar Stocks Drop after Senate Proposal to Phase Out Tax Credits by 2028
(Reuters) – U.S. solar stocks dropped in premarket trading on Tuesday after a Senate panel proposed a full phase-out of solar and wind energy tax credits by 2028, as part…
World Oil Demand to Keep Growing this Decade Despite 2027 China Peak, IEA Says
Summary IEA forecasts oil demand peak at 105.6 million bpd by 2029 China’s oil demand to peak in 2027 due to EV growth US demand boosted by lower gasoline prices,…
Commonwealth LNG Confirms 20-Year Sale and Purchase Agreement with PETRONAS
HOUSTON, June 17, 2025 /PRNewswire/ — Commonwealth LNG (“Commonwealth”) today identified PETRONAS LNG Ltd. (“PETRONAS”), a subsidiary of Malaysia’s national oil and gas company, as the major Asian energy company referenced…
Chevron Makes First Foray Into Lithium With Smackover Deals
By Chevron Corp. made its first foray into lithium with two acreage deals in northeast Texas and southwest Arkansas aimed at building a domestic “commercial scale” business. Get the Latest…
PetroChina Eyes North American LNG Volumes to Reduce Risk, Says Exec
“If I look at our portfolio today, I think we’re slightly overweight on duration. I think we signed too many, very long term, take-or-pay SPAs (sales and purchase agreements),” said…
Oil Prices Rise as Iran-Israel Conflict Escalates
Summary Brent and WTI benchmarks up more than 2% War risk continues to underpin market IEA global oil supply forecast revised upwards (Reuters) – Oil prices were driven higher on…
COMMENTARY: Even Big Oil Thinks Big Oil Is Too Risky These Days – Fickling
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US Senate Floats Full Phase-Out of Solar, Wind Energy Tax Credits by 2028
WASHINGTON, June 16 (Reuters) – The U.S. Senate tax committee proposed a full phase-out of solar and wind energy tax credits by 2028, but extended the incentive to 2036 for…
South Carolina’s Republican Governor Asks to be Left Out of Trump Offshore Drilling Plan
June 16 (Reuters) – The Republican governor of South Carolina appealed to the Trump administration on Monday to leave his state out of an impending plan to increase offshore oil…
