Saudi Oil Price War Looks Like Unspoken Gift to Trump
Saudi Crown Prince Mohammed Bin Salman speaks with U.S. President Donald Trump on the day of the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Summary OPEC+ strategy…
Middle Swath of North America at Risk of Power Shortfalls This Summer, Regulator Says
(Reuters) – The middle section of the U.S. and Canada could have a shortfall of electricity this summer if higher-than-normal forecasted temperatures drive up demand as a changing mix of…
Aramco Signs Up to $90 Billion in US Deals as Trump Gulf Tour Spurs Flurry of Tie-Ups
(Reuters) – Saudi Aramco unveiled 34 preliminary deals with major U.S. companies on Wednesday, potentially worth up to $90 billion in one of its broadest pushes to deepen commercial ties…
AI Boom Helps Score $12 Billion Deal for Little-Known LS Power
By Paul Segal Photographer: LS Power LS Power bet on buying and building natural gas power plants at a time when some analysts considered them almost relics, doomed to be…
The Biggest Losers in the GOP Plan to Slash US Climate Spending
The proposal would eliminate popular tax credits for electric vehicles and home solar. By and Workers install solar panels on a home in San Francisco. Photographer: Michaela Vatcheva/Bloomberg House Republicans…
Boeing Enjoys Comeback Moment From Crisis With Record Qatar Deal
By and A Qatar Airways aircraft at Hamad International Airport in Doha. Photographer: Christopher Pike/Bloomberg A year after Boeing Co. went through a deep executive shakeup and prolonged existential crisis,…
OPINION: US Oil Output Has Peaked. But Don’t Expect a Rapid Decline.
By Prospecting. Photographer: Jordan Vonderhaar/Bloomberg The chain-smoking protagonist of Landman, the American television drama series about the Texas oil industry, puts it better than anyone else: “You want oil to…
US to Speed Up Oil and Gas Land Parcel Reviews for Federal Leasing
WHY IT’S IMPORTANT The move to streamline the oil and gas leasing process aligns with President Donald Trump’s energy dominance agenda, which aims to increase domestic fossil fuel supplies, reduce…
Panasonic CEO Says Battery Plans Align With Slower EV Demand
Yuki Kusumi in Las Vegas, US in January. Panasonic’s decision not to expand battery production capacity has been validated by slower global demand for electric vehicles. The company is preparing…
Oil Falls as Traders Note Jump in US Crude Stockpiles
Summary • API data shows stock build last week• Demand-side pessimism eases, though caution lingers• U.S. EIA weekly inventory report due today (Reuters) – Oil prices fell on Wednesday as…
