US Natural Gas Drops on Cooler Outlooks, New Pipeline Capacity
By Stella Mackler and Julian Hast US natural gas futures declined as forecasts shifted to show cooler weather in the coming weeks, suggesting a decline in demand for gas-fired electricity…
US Supreme Court Boosts Exxon’s Bid to Get Compensation from Cuba
By Exxon seeks compensation for property seized in 1960 Trump allowed wave of US lawsuits against Cuba Exxon sued under US law called the Helms-Burton Act Trump administration supported Exxon…
Will US and International Sanctions on Iran be Lifted?
(Reuters) – The U.S. has started waiving some sanctions on Iran under their interim deal to end the war, but fully unravelling a tangled web of restrictions on the country’s…
Trump Administration to Slash Oil-Drilling Bond Amount by 95%
By David Wethe The US Department of Interior is slashing the bonds oil and natural gas companies must provide when drilling on federal land by 95% in a move to…
US Gasoline Prices Tumble for Sixth Straight Week
Diplomacy between the U.S. and Iran has translated into relief at the pump for Americans, data showed on Monday, with gasoline prices falling for a sixth straight week and marking…
Oil Steady as Investors Focus on Hormuz Flows After Peace Talks
By US, Iran conclude high-level talks in Switzerland Iran has secured waivers for oil, petchem exports Brent rose earlier after bumpy start to talks HOUSTON, June 22 (Reuters) – Oil…
NatPower, Tesla Reach Deal on First Phase of $5 Billion Battery Storage Plan
By and Twenty-five GWh to be built at sites in Italy, Britain Part of 100 GWh buildout that could cost $4 bln-$5 bln Targets more than $15 billion in revenue…
Oil Stocks in US Strategic Petroleum Reserve Fall to Lowest Since 1983
(Reuters) – Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell to 331.2 million barrels last week, the lowest level since June 1983, according to data from the…
ExxonMobil Announces Planned Effective Date for Move to Texas
SPRING, Texas–(BUSINESS WIRE)–Exxon Mobil Corporation today announced that its redomiciliation from New Jersey to Texas is expected to become effective on July 1, 2026. As part of this change, ExxonMobil Holdings…
US Proposes to Slash Costs for Energy Drillers on Federal Lands
(Reuters) – The Trump administration on Monday proposed looser rules for oil and gas drilling operations on federal lands, including a dramatic cut to clean-up costs for abandoned wells. The…
