Oil Retreats as US and China Growth Concerns Weigh
By Summary Companies US credit rating cut by Moody’s China’s retail sales disappoint Iran-US nuclear talks in focus LONDON, May 19 (Reuters) – Oil slipped on Monday, weighed down by…
Blackstone Bets on Soaring Power Demand With $11.5 billion TXNM Energy Deal
(Reuters) – Blackstone Infrastructure will acquire utility company TXNM Energy in an $11.5 billion deal, including debt, as the investment firm bets on rising U.S. electricity demand and a shift to…
First LNG Ship Bunkering Hub in US Gulf Coast Secures Permits to Start Work
(Reuters) – A joint venture project developing the first marine fuel facility for liquefied natural gas in the U.S. Gulf Coast has secured final permits and construction is expected to…
Oil Posts Weekly Gain but Remains Under Supply Hike Pressure
Summary Brent, WTI rise after more than 2% drop in previous session Brent and WTI post second straight weekly gains Focus on Iran nuclear deal IEA hikes supply growth forecast,…
US Drillers Cut Oil and Gas Rigs for Third Week in a Row – Baker Hughes
(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for the third week in a row for the first time since mid…
Oil Heads for Weekly Gain but Remains Under Supply Hike Pressure
Summary Brent, WTI rise after more than 2% drop in previous session Both post second weekly gain in a row Focus on Iran nuclear deal IEA hikes supply growth forecast,…
US LNG Exporters Push Forward New Projects Despite Trade War Uncertainty
Summary US seeks to triple LNG export capacity by 2030 Trump’s 25% steel, aluminum tariffs boost construction costs Cheniere, Venture Global among those seen approving new plants HOUSTON, May 16…
Utility Vistra to Buy Natural Gas Assets for $1.9 Billion
The deal includes five combined cycle gas turbine facilities and two combustion turbine facilities located across PJM, New England, New York and California. PJM Interconnection is a regional transmission organization…
Trump Administration to Audit Billions in Energy Grants Awarded Under Biden
By WASHINGTON, May 15 (Reuters) – The Trump administration said on Thursday it will audit some $15 billion in grants to power grid and manufacturing supply chain projects awarded during…
US Rooftop Solar Companies say Republican House Bill Would Be a Major Setback
By Bill would scrap 30% tax credit for homeowners with solar panels Rooftop solar companies employ more than 100,000 workers Many top residential solar markets are in Republican states May…
