Trump Directs Energy Department to Issue Funds to Keep Coal Plants Online
By and WASHINGTON, Feb 11 (Reuters) – President Donald Trump on Wednesday ordered the Defense Department to purchase electricity from coal-fired power plants in his latest effort to boost the…
US Energy Secretary Meets Venezuela’s President as They Face Herculean Task of Oil Recovery
By and US Energy Secretary Chris Wright met Venezuelan interim President Delcy Rodriguez Visit follows Maduro’s capture, $2 billion oil supply deal US aims to reshape global energy markets and…
SM Energy is Seeking Buyers for Eagle Ford Natural Gas Assets, Sources Say
SM Energy has launched the sales process for some of its natural gas-producing assets in the Eagle Ford shale basin of South Texas as it looks to trim debt following…
Siemens Energy CEO Sees Data Center Boom Lasting on Power Needs
By Siemens Energy AG’s Chief Executive Officer Christian Bruch has a message for investors worried about surging spending on data centers: Don’t fear a bubble. “So far, we see reservations…
OPEC Data Indicate Small Q2 Surplus Ahead of Key OPEC+ Decision on Resuming Oil Output Hikes
By OPEC sees 400,000 bpd drop in demand for OPEC+ oil in Q2 vs Q1 OPEC+ is pausing production hikes in first-quarter 2026 OPEC+ eight members meet on March 1,…
US Energy Secretary Set to arrive in Venezuela with Herculean Task of Oil Recovery
Summary U.S. Energy Secretary Chris Wright to meet Venezuelan officials, Chevron, Repsol executives Visit follows Maduro’s capture, $2 billion oil deal U.S. aims to reshape global energy markets and pressure…
US Issues License Authorizing Oil and Gas Exploration and Production in Venezuela, Treasury Says
The U.S. Treasury Department on Tuesday issued a general license authorizing the provision of U.S. goods, technology, software or services for the exploration, development or production of oil and gas…
US Natgas Output to Hit Record High in 2026, While Demand Holds Steady, EIA Says
(Reuters) – U.S. natural gas output will rise to a record high in 2026, while demand will hold steady, the U.S. Energy Information Administration said in its Short-Term Energy Outlook…
U.S. Will Have to Do ‘Something Very Tough’ If No Deal Reached With Iran, Says Trump
(Reuters) – The United States will have to do “something very tough” if a deal is not reached with Iran, President Donald Trump told Israel’s Channel 12 in an interview…
US Power Use to Beat Record Highs in 2026 and 2027, EIA Says
(Reuters) – U.S. power consumption, which hit its second straight record high in 2025, will rise further in 2026 and 2027, the Energy Information Administration said in its Short-Term Energy…
