First Two Venezuelan Oil Cargoes by Chevron After License Depart to US
Aug 15 (Reuters) – The first two cargoes of Venezuelan oil exported by energy major Chevron (CVX.N) after it received a fresh U.S. authorization to operate in the country last…
NOW YOU KNOW – OIL PRICES: Western Canada Select (WCS) vs West Texas Intermediate (WTI) – What is the Difference and Why is Ther…
By EnergyNow Staff Western Canada Select (WCS) and West Texas Intermediate (WTI) are both crude oil benchmarks, but they differ in quality, location, and market dynamics — which is why…
Oil Falls Ahead of Trump-Putin Summit in Alaska
Oil falls ahead of Trump-Putin summit in Alaska Summary Traders watch for progress in peace talks Weaker Chinese data raises fuel demand concerns Projected oil market surplus also weighs on…
Blackstone’s Purchase of Enverus a Wager that Data will Drive New Era in Energy, CEO Says
US$6 billion-plus deal for Calgary-based energy software firm may be the largest Canadian-linked tech deal in 25 years By Enverus CEO Manuj Nikhanj is accustomed to his company flying under…
Hot U.S. Inflation Data Rattles Global Bond Markets
U.S. stagflation fears seeped into global markets on Thursday after surprisingly hot inflation data applied heavy pressure to U.S. Treasuries and sparked selling of government bonds everywhere from Germany to…
US Faces Transformer Supply Shortfall as Power Demand Surges, WoodMac Says
By Aug 14 (Reuters) – The U.S. is poised to see supply shortages of 30% and 10%, respectively, of power and distribution transformers this year, as surging electricity consumption drives…
Phillips 66 Reduces Gasoline Output at Bayway Refinery After Fire, Sources Say
NEW YORK, Aug 14 (Reuters) – Phillips 66 (PSX.N) has reduced gasoline output at its 258,000 barrels-per-day Bayway refinery in Linden, New Jersey, after a fire near the plant’s gasoline…
The Airline Industry’s Dirty Secret: Clean Jet Fuel Failures
By , , and Graphics by and Get the Latest US Focused Energy News Delivered to You! It’s FREE: A drone view shows the World Energy refinery in Paramount, California,…
Crude Oil Flows on Enterprise’s Texas Seaway Pipeline Fall, Leak Reported
Crude oil flows on the Seaway pipeline in Texas fell on Wednesday, four sources said, as the pipeline’s operator reported a leak on the system to state regulators. The 950,000-barrel-per-day…
Oil Stable Ahead of Trump-Putin Alaska Meet
Summary Brent and WTI stabilise off previous session’s two-month lows Trump meets Putin on Friday to discuss war in Ukraine U.S. crude stocks rose unexpectedly last week, EIA says (Reuters)…
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