Oil to Snap Three-Week Losing Streak as Trade War Fears Ease
Summary • US reciprocal tariff recommendations expected in April• Ukraine peace talks could pave way for Russia sanctions easing• Global oil demand on the rise, says JP Morgan LONDON, Feb…
Trump Says India Agreed to Purchase More US Oil and Gas
Trump made the comments after a bilateral meeting at the White House with India’s Prime Minister Narendra Modi. (Reporting By Jarrett Renshaw; Editing by Chris Reese) Share This: More News…
Latest US Sanctions on Russia Throw Global Oil Trade Into Disarray
Washington’s January 10 sanctions targeted tankers carrying Russian oil in a push to more effectively limit Moscow’s oil revenue, the aim of western sanctions imposed after its invasion of Ukraine…
PG&E Raises 2025 Core Earnings Forecast on Higher Electricity Rates
Feb 13 (Reuters) – PG&E Corp (PCG.N), opens new tab on Thursday raised its adjusted core earnings forecast for 2025, as the power company benefits from lower operating expenses and…
Trump’s Plans to Boost LNG Will Help India’s Buyers, Gail Says
More fuel in the market seen moderating sky-high prices The company will revive effort to invest in a US export plant By and Gail India Ltd., one of the country’s…
US is Biggest Loser From Trump’s Metals Tariffs
By MELBOURNE, Feb 13 (Reuters Breakingviews) – U.S. President Donald Trump says trade wars are easy to win. If so, his 25% tariffs on steel and aluminium imports ought to…
US NatGas Prices Climb 4% to Two-Week High on Rising LNG Flows, Cold Weather
(Reuters) – U.S. natural gas futures climbed about 4% to a two-week high on Thursday on rising flows to liquefied natural gas (LNG) export plants, a drop in daily output…
Elliott Builds $5 Billion Stake in BP, Financial Times Reports
Elliott is trying to push the British oil company to cut spending on renewables and make big divestments, the FT report said. BP’s shares fell 1.3% to 462.5 pence after…
Trump Hostility to US Offshore Wind Reverberates Through Supply Chain
Summary • Researcher now expects 25 gw of offshore wind by 2030, not 30 gw• Ship builders, steelmakers hit as industry needs fewer vessels• Italy’s Prysmian drops plan for Massachusetts…
Hedge Fund Elliott Commands Attention in C-suites as Relentless Activist
Now, storied oil giant BP is in Elliott’s sights. The investment firm, which manages $70 billion, has not disclosed the size of its stake in BP or what changes it…
