US Drillers Cut Oil and Gas Rigs for First Time in Six Weeks – Baker Hughes
(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks, energy services firm Baker Hughes said…
Top Oil Executives Reckon With Downturn Even as Trump Cheers Them On
The world’s energy industry leaders meet in Houston next week as plummeting oil prices push Big Oil to slash thousands of jobs even as a pro-fossil fuel U.S. administration encourages…
Oil Up, But Off Highs as Trump Warns New Russia Sanctions Possible
Summary • Brent and WTI fall more than 3% over the week• Trade war risks and OPEC+ supply increase weigh on market HOUSTON, March 7 (Reuters) – Oil prices gained…
US Mulls How to Ease Russia Energy Sanctions Quickly if War Ends, Sources Say
(Reuters) – The U.S. government is studying ways it could ease sanctions on Russia’s energy sector as part of a broad plan to enable Washington to deliver swift relief if…
Tesla Erases US$700 Billion ‘Trump Bump’ as Sales Slide
A slide in Tesla Inc. on Friday is capping off a round trip of epic proportions in the company’s shares. Expectations that the electric-vehicle maker would benefit from chief executive…
US Crafting Plan to Stem Coal-Plant Closures, Energy Chief Says
By The Trump administration is working on a “market-based” plan to stem the closure of US coal-fired power plants as it seeks to supply more electricity before an expected boom…
Trump’s Interior and Energy Secretaries Cheer on Natural Gas Export Industry in Gulf Coast
PORT SULPHUR, La. (AP) — The planned expansion of a massive liquefied natural gas facility in southeast Louisiana is a beacon for a U.S. energy policy that doubles down on…
How Much Crude Oil Does the US Import by Country?
HOUSTON, J (Reuters) – Canada and Mexico are the top sources of U.S. crude imports, together accounting for around one-quarter of the oil U.S. refiners process into fuels such as…
US LNG Capacity Additions Would Significantly Lower GHG Emissions Compared to Alternatives, New S&P Global Study Finds
Development of additional US LNG projects currently on hold or in the pre-Final Investment Decision stage would avoid carbon emissions by 2040 equivalent to more than twice the annual emissions from…
Oil Rises after Russia’s Novak Says OPEC+ May Reverse Output Hike after April
• Brent and WTI on track to fall more than 3% over the week• Trade war risks and OPEC+ supply increase weigh on market• China stimulus could cushion blow from…
