US Refiners Phillips 66, Citgo Seek to Buy Crude Directly From Venezuela, Sources Say

By , and Phillips 66, Citgo seek to purchase directly starting in April, Valero later in the year Venezuelan crude prices ease amid US Gulf Coast supply surge Direct purchases…

California, Colorado and Washington Sue Trump Administration to Unlock Funding for Clean Energy Projects

By SAN FRANCISCO, Feb 18 (Reuters) – California, Colorado and Washington are suing the federal government to force it to pay out grants approved by Congress for clean energy projects,…

Japan, US Reach $36 Billion of Gas, Mineral Deals in Trump Pact

By , , and Japan plans to invest up to $36 billion in US oil, gas and critical mineral projects, the first tranche of its $550 billion commitment under the…

Golden Pass Moves Closer to Producing First LNG

(Reuters) – Golden Pass, an LNG project jointly owned by Exxon Mobil and QatarEnergy, pulled 300 million cubic feet of gas on Wednesday as it moves closer to making its…

Mapped: What Powers Each U.S. State and Canadian Province? – Visual Capitalist

By | Graphics/Design Key Takeaways Renewables generate 67% of Canada’s electricity, compared to just 22% in the U.S. Natural gas is the top power source in most U.S. states, while…

SM Energy to Sell Some Texas Assets for $950 Million

The U.S.-based oil and gas producer has agreed to sell nearly 61,000 net acres and about 260 producing wells in its southern Maverick Basin position in Webb County, Texas, along…

COMMENTARY: Booming LNG Exports May Get Dragged into US Cost-of-Living Debate

By LITTLETON, Colorado, Feb 18 (Reuters) – U.S. exporters of LNG consumed more natural gas than both households and commercial businesses last year, tightening U.S. gas supplies and putting the…

Microsoft to Keep Buying Enough Renewable Energy to Match All its Electricity Needs

By Microsoft to retain matching target during AI expansion Tech giant has purchased 40 GW of new renewable energy Ready to ramp up again in data centre pioneer Ireland DUBLIN,…

Oil Gains Nearly 3% After Abrupt End to Russia-Ukraine Talks

Summary Ukraine peace talks end in Geneva after Zelenskiy says Russia stalling Iran, US reach understanding on main ‘guiding principles’ in nuclear talks Eurasia Group sees 65% chance of US…

Chris Wright Says Venezuela Could Boost Output by “Several Hundred Thousand Bpd by Year‑End”

U.S. energy secretary Chris Wright said on Tuesday that Venezuela could add “several hundred thousand barrels per day” to oil production by year-end.“I think you’ll see several 100,000 barrels a…