Soros to Slim Families Are Plowing Money Into US Shale Oil as Private Equity Retreats
Ultra-rich families are flocking to the industry, lured by more stable returns after years of boom-and-bust cycles. Oil rigs in the Permian Basin. Photographer: Sergio Flores/Bloomberg By and Once a…
Trump Vows Completion of Constitution Pipeline For New Yorkers
Donald Trump speaks during an executive order signing in the Oval Office of the White House on Feb. 14. Photographer: Samuel Corum/Sipa/Bloomberg President Donald Trump vowed to complete the long-stalled Constitution Pipeline…
Oil Prices Steady as Russia-Ukraine Peace Talks Loom
Summary • Benchmarks Brent, WTI flat• CPC oil flows reduced due to drone attack• Peace talks with Russia could impact oil supply• Dollar near two-month low after weak U.S. retail…
Trump Approves LNG Exports, Creates Energy Council to Boost US Oil, Gas
By and WASHINGTON, Feb 14 (Reuters) – President Donald Trump’s administration said on Friday it has granted a liquefied natural gas export license to Commonwealth LNG in Louisiana, the first…
Sweeping US Energy Department Layoffs Hit Offices of Loans, Nuclear Security, Sources Say
By and Layoffs hit nuclear offices in security and Cold War cleanup Some NNSA firings were rescinded, essentials can stay -source Loan Programs Office loses 45 workers, grid office 18…
US Senators Reintroduce Bill to Allow Year-Round, Nationwide E15 Sales
By NEW YORK, Feb 13 (Reuters) – U.S. senators reintroduced a bipartisan bill on Thursday that would allow nationwide sales of gasoline with a higher blend of ethanol year-round, a…
US Drillers Add Oil and Gas Rigs for Third Week in a Row – Baker Hughes
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, energy services firm…
Oilfield Services Firm SLB Names New Chief Strategy, Performance Officer
(Reuters) – Oilfield services provider SLB has named new chief strategy and performance officers, according to a company memo seen by Reuters, the latest steps in a larger reorganization of…
Pipeline Company Enbridge Reports $493 Million Q4 Profit
Enbridge Inc. reported a profit attributable to common shareholders of $493 million in its fourth quarter, down from $1.73 billion a year earlier. The pipeline company says the profit amounted…
Duke Energy Removes Climate Language as It Builds More Gas Plants
Duke Energy Corp., one of the biggest US power providers, removed a mention of climate targets in its latest earnings release as the company builds more natural gas plants and…
