Trump Lavishes Praise on Saudi Crown Prince, Signaling Renewed Alliance
Four years ago, Saudi Crown Prince Mohammed bin Salman struggled to get an audience with then-President Joe Biden, who said he wanted to make the Gulf country a pariah after…
Venture Global LNG Shares Surge as Company Announces Plaquemines Ramp-Up
By and Venture Global entire Plaquemines plant to produce LNG by end of 2025 Company plans to sell 550 LNG cargoes from CP2 project before moving to commercial operations Venture…
GM, LG to Make New, Lower-Cost Cells for Future EVs
By DETROIT, May 13 (Reuters) – General Motors (GM.N) and battery partner LG Energy Solution (373220.KS) are planning to start commercial production of lower-cost cells for future electric vehicles at…
Glencore Strikes 20-Year Deal With Commonwealth LNG, Kimmeridge
May 13 (Reuters) – Commodities giant Glencore (GLEN.L) finalised a deal to buy 2 million tonnes per annum (mtpa) of LNG from Commonwealth’s export facility in Louisiana, along with equivalent…
Goldman Sachs Sees Upside Risk to Brent, WTI Oil Price Forecasts
The bank estimates around $3-4 per barrel of upside risk to its Brent and WTI oil price forecast of $60/bbl and $56/bbl respectively for the rest of 2025, and $56/bbl…
Kayne Anderson Raises $2.25 Billion for Third Energy Income Fund
The fund, Kayne Private Energy Income Fund III, will invest in high-quality private companies focused on producing oil and natural gas from wells that generate stable cash flows, according to…
Trade Truce Won’t Resurrect China’s Imports of US Energy: Russell
The truce between the world’s two largest economies will see the United States lower its tariffs on imports from China to 30%, while Beijing cuts its levies on U.S. goods…
Oil Prices Rise as Market weighs US-China Trade Developments
Summary • Markets cautious on US-China tariff relief• Increasing OPEC+ supply weighs on prices• Fuel demand and refining margins stable (Reuters) – Oil prices rose on Tuesday but gains were…
GOP to Phase Out Biden Energy Credits to Pay for Tax Cuts
By House Republicans are proposing to eliminate a tax credit for electric vehicles and phase out incentives to develop clean-energy projects to help pay for President Donald Trump’s massive tax…
Trump’s Energy Department Unveils Broad Rule Changes Aimed at Cutting Red Tape
(Reuters) – The U.S. Department of Energy on Monday proposed to eliminate or change more than 40 regulations and programs to align them with President Donald Trump’s efforts to relax…
