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…
BP’s Buyback Cut is Short-Term Pain That Could Be Shell’s Gain: Bousso
(Reuters) – BP’s decision to scrap buybacks may be painful in the short run, but by prioritising production growth over shareholder payouts it can begin to repair its shaky financial…
Chevron Buys West Texas Ranch in ‘Zombie’ Oil Well Settlement
By and Chevron Corp. acquired a ranch in West Texas whose owner had been waging a legal battle accusing the US energy giant of negligently spilling toxic water and crude…
Saudi, US Firms to Partner on Northeast Syria Energy Project
By [image] Saudi, US firms to explore oil and gas in northeast Syria Project follows Assad’s ousting, lifting of US sanctions Consortium includes Baker Hughes, Hunt Energy, ACWA Power, TAQA,…
Oil Gains as Traders Weigh Supply Risks Linked to US–Iran Tensions
(Reuters) – Oil prices edged up on Tuesday as traders gauged the potential for supply disruptions after U.S. guidance for vessels transiting the Strait of Hormuz kept attention squarely on tensions…
NOT SO! Shell CEO Says Oil Major Does Not Have to Buy assets Anytime Soon
(Reuters) – Shell CEO Wael Sawan said on Tuesday the oil major does not have to buy additional assets anytime soon to deliver on its 2030 targets. Get the Latest US…
Duke Energy Forecasts Higher 2026 Profit on Strong Power demand
(Reuters) – Utility firm Duke Energy forecast a higher current-year profit on Tuesday on the back of strong power demand. The rapid buildout of AI data centers and accelerating power consumption…
US Energy Producer Presidio Plans First-of-Kind $1 Billion Goldman Debt Facility to Fund Deals
Summary Presidio’s Goldman facility is a first in oil and gas industry Acquisition finance provided by Goldman, with debt held by bank for use in future ABS Structure offers lower…
US Natural Gas Futures Fall More Than 8% on Milder Forecasts
(Reuters) – U.S. natural gas futures fell by more than 8% on Monday on forecasts for milder weather than previously expected for the rest of the month, erasing the previous…
