Biden Administration Wrongly Nixed Oil, Gas Leases in Alaska Refuge, US Judge Rules
(Reuters) – A federal judge in Alaska ruled that former President Joe Biden’s administration lacked the authority to cancel oil and gas leases that had been issued for development within…
US Crude Stockpiles Fall as Refining Continues to Rise, EIA Says
(Reuters) – U.S. crude oil inventories fell last week as refiners continued to ramp up production, while gasoline and distillate stockpiles also dropped, the Energy Information Administration said on Wednesday.…
COMMENTARY: Welcome to the Age of Big Oil’s Managed Decline
By Oil majors cut spending, boost shareholder returns amid uncertainty Exxon Mobil bucks trend with increased spending, production plans Peak demand narrative persists despite geopolitical energy shocks LONDON, March 26…
Oil Near Three-Week High on Supply Risks, US Stocks Drop
Summary Brent, WTI trading near three-week highs Trump press on Venezuelan, Iranian oil fans bullish sentiment Russia, Ukraine agree to sea, energy truce Coming up: US EIA data on crude…
Kremlin Praises its Talks With US After Deals are Announced
(Reuters) – The Kremlin said on Wednesday that Moscow was continuing its intensive contacts with the U.S. and was pleased with how talks with Washington had gone so far after…
Phillips 66 to Propose New Board Members Amid Elliott Battle, WSJ Reports
(Reuters) – Phillips 66 is expected to nominate two new directors to its board as the proxy fight with activist Elliott Investment Management intensifies, the Wall Street Journal reported on…
Mizuho Cuts EOG Resources to ‘Neutral’ on Inventory, Margin Worries
Mizuho cuts EOG Resources to “neutral” from “outperform”, PT by $8 to $140, still a 9.2% upside to last close Says a key concerns is depth and quality of EOG’s…
US Power Firms Lift Coal Pollution to Protect Profits So Far in 2025
The emissions tally marked a 9% rise from the same period last year and was the first reading above 300 million tons in six years for the opening two months…
Shell Vows to Raise Investor Returns as It Bets Big on LNG
By and Shell Plc said it would boost investor returns through the end of this decade by reinforcing its position as the world’s top trader of liquefied natural gas. The…
COMMENTARY: Solar and Wind Power Are Expensive – Fraser Insitute
By Global evidence is clear: Adding more solar and wind to the energy supply pushes up the price of electricity for consumers and businesses. Families in Ontario know this already…
