Oil-Rich University of Texas Wants to Cash In on AI, Crypto and Power
The system—with an endowment second only to Harvard’s—is diversifying into wind and solar energy at a fraught time for renewables. By A crypto data center in Pyote, Texas, on land…
US Natgas Output and Demand to hit Record Highs in 2025, EIA Says
The agency also projected domestic gas consumption would rise from a record 90.5 bcfd in 2024 to 91.3 bcfd in 2025 before easing back to 91.1 bcfd in 2026. Get…
Cheniere Seeks Expansion of Sabine Pass Plant With US Regulators
Cheniere filed a joint application, dated June 6, to FERC for authorization to construct and operate the Sabine Pass Stage 5 Expansion Project, which would grow the existing Sabine Pass…
Oil Demand Growth to Continue, No Peak in sight, OPEC Secretary-General Says
The organization expects a 24% increase in the world’s energy needs between now and 2050, with oil demand surpassing 120 million barrels per day over that time period. That estimate…
Oil Prices Hold Near 7-Week High as Market Waits for News From US-China Trade Talks
By US and China enter second day of talks in London Saudi crude exports to China set to fall slightly Upcoming: US oil inventory data from API and EIA NEW…
Data Centers Prompt US to Boost Power-Usage Forecast by 92%
By US data centers are rapidly driving up demand for power, with the official forecast for electricity consumption next year almost doubling in the past month. Total power usage in…
US Energy Loan Office Should Fund Oil, Gas, White House Aide Says
WASHINGTON, June 10 (Reuters) – The U.S. Energy Department’s loan office should fund oil and gas infrastructure, a White House aide said on Tuesday, as President Donald Trump’s administration moves…
Trump Poised to Repeal Biden Curb on Power-Plant Pollution
By and The Trump administration will propose scrapping Biden-era climate mandates requiring the nation’s power plants to curb planet-warming greenhouse gas emissions as soon as Wednesday, according to people familiar…
US Sees Oil Output Falling in 2026 in Blow to Trump’s Agenda
By and The US sees domestic crude production declining next year for the first time since 2021 in a blow to US President Donald Trump’s push for American energy dominance.…
US Senate Should Ease Provisions For Clean-Energy Tax Credits, Republican Senator Says
WASHINGTON, June 10 (Reuters) – The U.S. Senate should make changes to House budget reconciliation bill provisions that phase out clean-energy tax credits, including easing start-date requirements, Republican Senator John…
