Why Trump’s Ukraine Minerals Deal with Zelenskiy Is Not an Easy Win
Trump has sought to pressure Zelenskiy into agreeing to let the US benefit from any of Ukraine’s untapped resources, at a time when Washington is seeking to secure supplies of…
Oil Falls on White House Clash, Tariffs, Iraq Exports
Summary • Brent, WTI head for first monthly drop in three months• Iraq to announce resumption of oil exports from Kurdistan region HOUSTON, Feb 28 (Reuters) – Oil prices fell…
US Drillers Add Oil and Gas Rigs for Fifth Week in a Row, Baker Hughes Says
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, energy services firm…
US Crude Oil Production Rose to Record High in December, says EIA
(Reuters) – U.S. crude oil production rose to a record 13.491 million barrels per day in December, up from 13.314 million bpd in November and the prior all-time high of…
US Natgas Prices Ease to Two-Week Low on Record Output, Mild Weather
Extreme cold so far this year, however, has already forced energy firms to pull huge amounts of gas out of storage, including record amounts in January, cutting stockpiles to around…
BP’s Green Failure Offers Big Oil a Lesson in Moderation
REUTERS/Amr Alfiky/File Photo Summary Share price underperformed peers Revenues from renewables sector complicated by costs and technical problems Elliott Management stake increased the pressure for strategy change Renewable energy set…
Pipeline Safety Agency’s Senior Leaders Exit Amid Trump Push
US President Donald Trump speaks during a cabinet meeting at the White House on Wednesday, Feb. 26, 2025. Photographer: Al Drago/Bloomberg More than half of the senior executives at a…
Oil On Track For First Monthly Drop Since November on Trump Tariff Concerns
Summary • Brent, WTI head for first monthly drop in three months• Iraq to announce resumption of oil exports from Kurdistan region PDVSA, Chevron may strike agreement to export Venezuelan…
Lyondell to Lay Off 86% of Workforce at Shuttered Houston Refinery, Filing Shows
(Reuters) – Lyondell Basell Industries’ will lay off 345 workers, or 86% of the workforce, at its shuttered Houston refinery on April 17, according to a filing with the Texas…
Senate Repeals Methane Leak Fee in Boon to Oil and Gas Industry
Repeal resolution heads next to Trump for his signature Ends incentive to control leaks of potent climate-warming gas By The Senate voted Thursday to repeal a new US fee on…
