US Natgas Output and Demand to Hit Record Highs in 2025, Before Sliding in 2026, EIA Says
(Reuters) – U.S. natural gas output and demand will both rise to record highs in 2025 before sliding in 2026, the U.S. Energy Information Administration (EIA) said in its Short-Term…
Oil Prices Edge Up to Two-Week High on Lower US Output Forecast, Positive US Economic News
By US could produce less oil in 2025 than previously expected OPEC+ to raise production by 548,000 barrels per day in August Markets unsettled by uncertainty over Trump tariffs NEW…
US Power Use to Reach Record Highs in 2025 and 2026, EIA Says
By July 8 (Reuters) – U.S. power consumption will hit record highs in 2025 and 2026, the U.S. Energy Information Administration said in its short-term energy outlook on Tuesday. Get…
US to Produce Less Oil in 2025 Than Previously Expected Amid Declining Prices, EIA Says
By EIA lowers its 2025 oil production forecast to 13.37 million bpd Geopolitical tensions influence Brent crude price forecast US oil demand to rise slightly in 2025 vs 2024, EIA…
Venture Global Cashes in on Exports from Plaquemines LNG Plant, SEC Filing Shows
During the same period, it exported 38 LNG cargoes from its Calcasieu Pass facility at an average liquefaction fee of $2.66 per mmBtu. The lower second-quarter liquefaction fees at Calcasieu…
Exxon Signals Lower Oil, Gas Prices Could Hit Second-Quarter Profit
Reuters – Exxon Mobil signaled on Monday that lower oil and gas prices could cut its second-quarter earnings by about $1.5 billion from the previous quarter’s level. The earnings snapshot from…
Oil Eases as Traders Assess US Tariffs, OPEC+ Output Hike
Summary OPEC+ to raise production by 548,000 barrels per day for August Trump’s tariffs create uncertainty about global economy Saudi Arabia contributes most to OPEC+ supply hike, analysts say (Reuters)…
Trump Executive Order Seeks End to Wind and Solar Energy Subsidies
Reuters) – U.S. President Donald Trump on Monday directed federal agencies to strengthen provisions in the One Big Beautiful Bill Act that repeal or modify tax credits for solar and…
US Proposes Rules That Could Boost Oil, Gas Output in US West
The U.S. Interior Department on Monday proposed rule changes to allow energy companies to more easily combine oil and gas output from multiple leases using the same well pad, which…
Chevron Preps Quick Closing of Hess Deal and Awaits Result of Exxon Dispute
(Reuters) – Chevron is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess, according to two sources and an industry analyst, including by preparing a…
