U.S. to Offer Oil and Gas Leases in Alaska Wildlife Refuge on Jan. 9
The agency will make 400,000 acres available to drillers at the auction, the minimum required by a 2017 law that mandated the sale. (Reporting by Nichola Groom) Share This: More…
U.S. Natural Gas Up More than 3% to 1-Week High as Weather Turns Colder
Front-month gas futures for January delivery on the New York Mercantile Exchange were up 12 cents, or 3.9%, to $3.20 per million British thermal units (mmBtu) at 9:01 a.m. EST…
OPEC+ Kicks the Can Down the Road Again as Trump is Added to Demand Dilemma
(Reuters) – It was likely a fairly easy decision for OPEC+ to once again delay plans to increase oil output. The soft state of global demand is by itself sufficient…
Oil Prices Rise as China Moves Toward Monetary Easing to Boost Growth
Summary Brent, WTI both up over 1% after two-week declines China signals loosened monetary policy next year to spur growth Overthrow of Syria’s Assad fuels regional uncertainty Dec 9 (Reuters)…
Chevron Is Cutting Low-Carbon Spending by 25% Amid Belt Tightening
Chevron Corp. is cutting low-carbon investments by one-fourth as the oil explorer trims spending across the board and prioritizes profits over energy output. Chevron plans to spend $1.5 billion on 2025…
U.S. AI Task force Co-Chair Asks FERC to Support Co-Located Data Centers – Letter
U.S. Congressman Jay Obernolte said the Federal Energy Regulatory Commission should move speedily in crafting rules that encourage the expansion of AI and its need for large amounts of electricity,…
Texas Tries a New Tactic to Kill ESG
Ah, lawfare. If the controversy over ESG investing isn’t settled politically, plenty of folks on both sides seem to want the matter resolved in the courts. The latest entry is…
Russia’s Oil Tsar Says Trump’s Moves to Defend U.S. Producers ‘Fitting’
Igor Sechin, the head of Russia’s largest oil producer Rosneft, on Saturday said he approved of U.S. President-elect Donald Trump’s proposals to defend domestic energy producers. Speaking at a conference…
Oil Prices Fall on Supply Glut Fears Despite OPEC+ Output Cut Extension
Oil prices fall on supply glut fears despite OPEC+ output cut extension Summary Brent and WTI both down more than 1%, post weekly loss Even with OPEC+ restraint, analysts see…
Oilfield Services Provider Flowco Files for U.S. IPO
Oilfield services provider Flowco Holdings said on Friday it has filed for a U.S. initial public offering, the latest to capitalize on the recent revival in investor appetite for newly…
