Huge AI Data Center Planned for Pennsylvania Coal Plant Site
The 3,200-acre (1,295-hectare) data center campus, located about 50 miles east of Pittsburgh, will be developed at the location of Homer City Generation, previously the state’s largest coal plant, Homer…
ConocoPhillips Eyes Sale of Oklahoma Assets Worth Over $1 Billion
(Reuters) – ConocoPhillips is exploring the sale of oil and gas assets in Oklahoma that it inherited from its $22.5 billion takeover of Marathon Oil last year, people familiar with…
Oil Edges Lower as Market Awaits Fresh US Tariffs
Summary • Concerns remain over how tariffs will be implemented• Some analysts warn of bearish impact on oil prices• Markets also await news on secondary tariffs on Russian oil April…
Democrats Push Vote on Tariffs Targeting Canada as Trump Calls for Republican Support
WASHINGTON — Democrats in the U.S. Senate are moving forward on a resolution to block sweeping tariffs targeting Canada as President Donald Trump presses Republican lawmakers to continue backing his…
US LNG Exports Soar in March on Ramp Up of Plaquemines Plant
(Reuters) – The U.S. exported a record amount of liquefied natural gas (LNG) in March, selling more than 9 million metric tons (MT) of the superchilled gas, according to preliminary…
Oil Markets Take Risky Bet on Trump’s Threats on Russia, Iran: Bousso
By Ron Bousso Trump threatens secondary tariffs on Russia, Iran oil exports Tariffs on Venezuela have been effective Market struggles to price in Trump’s threats (Reuters) LONDON, April 1 –…
Chevron Announces Sale of Majority Interest in its East Texas Gas Assets
HOUSTON–(BUSINESS WIRE) – Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (“Chevron”) (NYSE: CVX), announced that it has closed on a transaction to sell a 70% interest in its East…
Washington Tells Repsol its License in Venezuela to be Revoked
President Donald Trump’s administration told Repsol it had until May 27 to wind down its operations in the Southern American country, the spokesperson added. Oil companies Maurel et Prom from…
Trump’s Russia Oil Tariff Threat Depends on China, India Reaction: Russell
(Reuters) – U.S. President Donald Trump’s threat to impose secondary tariffs of 25% to 50% on buyers of Russian crude oil is just crazy and bold enough to perhaps achieve…
Sempra to Sell Assets as Utilities Raise Money for AI Boom
Sempra plans to sell some natural gas assets, including a Mexican fuel distributor and a minority stake in its liquefied natural gas business, to “simplify the company’s portfolio” and support…
