Boeing Enjoys Comeback Moment From Crisis With Record Qatar Deal
By and A Qatar Airways aircraft at Hamad International Airport in Doha. Photographer: Christopher Pike/Bloomberg A year after Boeing Co. went through a deep executive shakeup and prolonged existential crisis,…
OPINION: US Oil Output Has Peaked. But Don’t Expect a Rapid Decline.
By Prospecting. Photographer: Jordan Vonderhaar/Bloomberg The chain-smoking protagonist of Landman, the American television drama series about the Texas oil industry, puts it better than anyone else: “You want oil to…
US to Speed Up Oil and Gas Land Parcel Reviews for Federal Leasing
WHY IT’S IMPORTANT The move to streamline the oil and gas leasing process aligns with President Donald Trump’s energy dominance agenda, which aims to increase domestic fossil fuel supplies, reduce…
Panasonic CEO Says Battery Plans Align With Slower EV Demand
Yuki Kusumi in Las Vegas, US in January. Panasonic’s decision not to expand battery production capacity has been validated by slower global demand for electric vehicles. The company is preparing…
Oil Falls as Traders Note Jump in US Crude Stockpiles
Summary • API data shows stock build last week• Demand-side pessimism eases, though caution lingers• U.S. EIA weekly inventory report due today (Reuters) – Oil prices fell on Wednesday as…
Trump Lavishes Praise on Saudi Crown Prince, Signaling Renewed Alliance
Four years ago, Saudi Crown Prince Mohammed bin Salman struggled to get an audience with then-President Joe Biden, who said he wanted to make the Gulf country a pariah after…
Venture Global LNG Shares Surge as Company Announces Plaquemines Ramp-Up
By and Venture Global entire Plaquemines plant to produce LNG by end of 2025 Company plans to sell 550 LNG cargoes from CP2 project before moving to commercial operations Venture…
GM, LG to Make New, Lower-Cost Cells for Future EVs
By DETROIT, May 13 (Reuters) – General Motors (GM.N) and battery partner LG Energy Solution (373220.KS) are planning to start commercial production of lower-cost cells for future electric vehicles at…
Glencore Strikes 20-Year Deal With Commonwealth LNG, Kimmeridge
May 13 (Reuters) – Commodities giant Glencore (GLEN.L) finalised a deal to buy 2 million tonnes per annum (mtpa) of LNG from Commonwealth’s export facility in Louisiana, along with equivalent…
Goldman Sachs Sees Upside Risk to Brent, WTI Oil Price Forecasts
The bank estimates around $3-4 per barrel of upside risk to its Brent and WTI oil price forecast of $60/bbl and $56/bbl respectively for the rest of 2025, and $56/bbl…
