Ukrainian Parliament Ratifies Natural Resources Deal With US
Excavators at a graphite mine in the Kirovohrad region, Zavallya, Ukraine. Photographer: Olena Koloda/Bloomberg Ukraine’s parliament ratified a deal with the US over access to the country’s natural resources, lending…
KKR-Backed Crescent Energy Weighs Asset Sales to Focus on Eagle Ford, Uinta Basins
Photographer: Anthony Prieto/Bloomberg Photographer: Anthony Prieto/Bloomberg Crescent Energy Co. is looking to sell its drilling portfolio in areas including the Denver-Julesburg Basin in Colorado to focus on its core acreage…
Potential For Undiscovered Oil and Gas Resources in US Gulf Coast, Agency Says
(Reuters) – The U.S. Geological Survey (USGS) released an assessment on Wednesday detailing potential undiscovered oil and gas in two formations under much of the U.S. Gulf Coast from Texas…
US Crude Inventories Decline, Jet Fuel Demand Jumps, EIA Says
(Reuters) – U.S. crude stocks and distillate inventories fell last week, while jet fuel demand rose to a five-year high, the Energy Information Administration (EIA) said on Wednesday. Gasoline inventories…
Oil Wells Per Location in Lower 48 US States More Than Double in Past Decade, EIA Says
(Reuters) – The U.S. Energy Information Administration said on Wednesday that it estimates that the average number of oil wells completed simultaneously within 50 feet of each other in the…
Oil Rises as Market Eyes US-China Trade Talks, Lower US Output
Summary • U.S.-China to meet over the weekend• U.S. crude stocks seen falling 800,000 barrels in EIA report• API showed U.S. crude, gasoline stocks fell, sources say LONDON, May 7…
Freeport LNG Export Plant in Texas on Track to Exit Outage on Wed, LSEG Data Shows
Officials at Freeport LNG had no comment. In a report to Texas environmental regulators late on Tuesday, Freeport said the three liquefaction trains at the export plant shut Tuesday morning…
US Natgas Prices Fall on Market Talk That Freeport LNG Export Plant in Texas Shut
(Reuters) – U.S. natural gas futures prices declined on Tuesday on market talk that U.S. liquefied natural gas company Freeport LNG’s export plant in Texas is shut. Officials at Freeport…
US Power Use to Reach Record Highs in 2025 and 2026, EIA Says
The EIA projected power demand will rise to 4,205 billion kilowatt hours (kWh) in 2025 and 4,252 billion kWh in 2026, from a record 4,097 billion kWh in 2024. Those…
Trump Says with Lower Oil Prices, Putin is More Eager to Settle the Ukraine War
Summary • Trump claims Russia, Ukraine want peace amid oil price drop• Putin proposes ceasefire for WWII victory anniversary• Trump doubts Russia’s involvement in Nord Stream attack (Reuters) – U.S.…
