Trump Says US Navy Acting ‘Like Pirates’ to Carry Out Naval Blockade of Iranian Ports
President Donald Trump said on Friday the U.S. Navy was acting “like pirates” in carrying out Washington’s naval blockade of Iranian ports during the U.S. and Israel’s war against Iran.…
Trump ‘Not Happy’ With Iran, Touts Strait ‘100% Shut’
By Patrick Sykes, Eltaf Najafizada and Josh Wingrove U.S. President Donald Trump expressed displeasure with the current state of negotiations with Iran, blaming disjointed leadership in Tehran for preventing a…
US Drillers Add Oil and Gas Rigs for Second Week in a Row, Says Baker Hughes
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since mid-March, energy services firm Baker…
US LNG Exports to Asia Surged in April as Middle East Conflict Curtailed Supply
By Asia absorbed nearly a quarter of all US LNG exports in April The surge came despite a drop in total US LNG exports Another US LNG plant starts selling…
Owners of WildFire Energy Explore $4 Billion-Plus Sale of US Shale Operator, Sources Say
(Reuters) – Investment firms Warburg Pincus and Kayne Anderson are exploring a potential sale of WildFire Energy, with any deal expected to value the U.S. shale operator at more than…
Trump’s Trade Czar Says U.S. Looking to Work with Canada on Energy and Critical Minerals
United States Trade Representative Jamieson Greer One source said Greer cautioned that Canada should not attempt to use those resources and critical minerals as leverage in negotiations on the trilateral…
Iran Threatens Painful Response if US Renews Attacks
By and UAE bans citizens from visiting Iran, Lebanon and Iraq Trump ‘OK’ with Iran playing in World Cup Briefing scheduled for Trump on Thursday about strike options by US…
Chevron’s Upstream Strength Lifts First-Quarter Earnings Past Estimate
By Downstream segment swings to loss, mainly from timing effects Upstream earnings grow 4% year-on-year CFO says $1 billion in timing effects to unwind in Q2 HOUSTON, May 1 (Reuters)…
Exxon Net Income Falls, Output Hit by Iran War
By Exxon profit hit by Middle East disruptions U.S.-Iran conflict hits output, volumes could fall further in second quarter Oil majors show uneven hits from U.S.-Iran war CFO says paper…
While Asia and Europe Scramble for Natural Gas, the US Glut Has Nowhere to Go
(Reuters) – The war with Iran has boosted prices of globally traded natural gas by throttling exports from the Gulf. In West Texas, gas is so abundant that some producers…
