US Oil & Gas Rig Count Falls For 6th Week to 2021 Lows, Baker Hughes Says
(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since September…
US Declares Biden Fuel Economy Rules Exceeded Legal Authority
By GM, Stellantis have paid significant fuel economy penalties in recent years Senators say proposal would save automakers $200 million Proposal is latest move in Washington to make it easier…
Musk Signals a Willingness to Cool Off in Trump Feud
Musk called for Trump’s impeachment and insinuated Trump was involved in the files related to disgraced New York financier Jeffrey Epstein By Akayla Gardner, Josh Wingrove, Kate Sullivan and Derek…
AI Boom Risks Pushing UK Further Away From 2030 Carbon Goals
By Britain is relying on a renewables expansion that is too slow to meet the booming power needs of data centers and risks missing its 2030 decarbonization targets as a…
US Targets Niche Gas That China Can’t Replace as Trade War Chip
By Ethane terminal pipelines and other infrastructure stands inside the Sunoco Logistics Marcus Hook Industrial Complex in Marcus Hook, Pennsylvania, U.S., on Friday, April 8, 2016. U.S. production of ethane,…
Oil Prices Headed for Rebound This Week as US-China Trade Talks Resume
(Reuters) – Oil prices steadied on Friday and were on track for their first weekly gain in three weeks after U.S. President Donald Trump and Chinese leader Xi Jinping resumed trade talks,…
Demand for US Light Sweet Crude Drops as OPEC+ Ramps up Output
Summary Refiners shop around as OPEC producers pump more US light, sweet crude faces competition from Kazakh CPC blend Guyana, Brazil could boost crude exports to Europe Producers face uncertainty…
Elon Musk Urges Americans to ‘Kill’ Trump’s Tax Cut Bill
By Erik Wasson Elon Musk is on a mission to block United States President Donald Trump’s tax bill after he tried — and failed — to convince Republican lawmakers to…
Oil Investments to Fall 6% on Lower Demand and Prices: IEA
By Nayla Razzouk Global oil investments are expected to drop six per cent in 2025, in the first such decline in a decade excluding the year of the COVID-19 slump,…
Drillers, Unions Urge US Senators to Preserve Hydrogen Credit
By WASHINGTON, June 5 (Reuters) – A coalition of nearly 250 companies and business and labor groups on Thursday urged top U.S. Republican senators to preserve a credit for the…
