US Energy Mergers May Slow in 2025 as Deal Sizes Shrink, says Enverus
(Reuters) – The pace of U.S. upstream public-to-public mergers could slow in 2025 from their recent average of five per year along with a fall in deal sizes, according to…
Extreme Cold and Record Snowfall to Test Texas Power Grid
A cold blast gripping the US South threatens to bring record-breaking snowfall to New Orleans and Houston and a deep freeze that endangers oil and natural gas output and electrical…
Infinity Natural Eyes Up to $1.2 bln Valuation as Energy IPOs Gain Momentum
(Reuters) – Infinity Natural Resources is targeting a valuation of up to $1.24 billion in its initial public offering, joining a bunch of energy industry companies that have rushed to…
Citi Raises Average 2025 Oil Price Forecasts, Citing Geopolitical Risks
“The oil outlook could see heightened, sustained geopolitical risks in Iran/Russia-Ukraine potentially wipe out the 2025 oil balance surplus, but the Trump administration appears intent on dealmaking,” the bank said…
Trump’s Return to the White House: Market Winners and Losers
(Reuters) – U.S. President Donald Trump’s return to the White House has been met with both relief and disappointment across world markets as investors try to work out what the…
Tariff Threat Unleashes Flood of Canadian Oil Heading to U.S.
Suppliers rush to push out as much oil as possible as it’s more valuable now than in the future The Enbridge Edmonton Terminal. Enbridge Inc.’s Mainline, the largest oil export…
Tanker Rates Extend Rally on Sanctions, Demand to Load Mideast Oil, Products
On Tuesday, Shell booked three Very Large Crude Carriers, capable of carrying up to 2 million barrels of oil, at the rate of Worldscale 70 to load Middle East crude in early…
LAWSUIT THROWN OUT: New York City Lawsuit Against Exxon, BP, Shell Over Climate Change Dismissed
In a decision on Tuesday, state Supreme Court Justice Anar Patel in Manhattan rejected the city’s argument that the oil companies should have told climate-conscious residents that fossil fuels cause…
Here’s What We Know About Trump’s Planned Executive Orders After Swearing-In
Two sources familiar with the planning said Trump is preparing a flood of executive orders and directives that could total more than 100 for day one and beyond in what…
EIA Expects Oil Prices to be Under Pressure From Oversupply in 2025, 2026
By NEW YORK, Jan 14 (Reuters) – Oil prices will be under pressure in 2025 and 2026 as global production growth outpaces demand, the U.S. Energy Information Administration said on…
