Goldman Sachs Expects Non-OPEC+ Production Growth to Slow With Decline in Brent Prices
The Wall Street bank estimates 2026 non-OPEC+ supply growth to decrease from 1.05 mb/d to 0.6 mb/d with 2026 Brent prices at $60 per barrel, and another 0.1 mb/d decline…
COMMENTARY: 28 Energy Leaders Call for Eliminating IRA Subsidies—Even Ones They Benefit From – Alex Epstein
By Alex Epstein 28 energy leaders just called for the —even ones that benefit their companies. This is the kind of integrity we need from industry—and from Congress. The full letter…
What are the Issues in US Talks with Ukraine and Russia?
(Reuters) – U.S. and Russian officials began talks in Saudi Arabia on Monday aimed at making progress towards a broad ceasefire in Ukraine with Washington eyeing a separate Black Sea…
US NatGas Prices Flat as Record LNG Flows Offset Record Output
(Reuters) – U.S. natural gas futures held steady on Monday as record flows to liquefied natural gas (LNG) export plants offset record output and forecasts for milder weather and lower…
STUDY: AI, Like Previous Technological Innovations, Will Likely Create More Opportunities For Workers Than it Destroys – Fraser …
By What the History of Technological Change Tells Us About the Likely Economic Consequences of Artificial Intelligence Artificial Intelligence (AI) is an emerging General Purpose Technology (GPT). That is, it…
Oil Inches Up as Markets Weigh Sanctions on Iran, Russia-Ukraine Ceasefire Talks
(Reuters) – Oil prices inched up on Monday as investors weighed the impact of fresh U.S. sanctions on Iranian exports against ceasefire talks aimed at ending the Russia-Ukraine war, which…
Chevron CEO Michael Wirth’s Pay Rises to $32.7 Million in 2024
The total compensation received by Wirth represents a 23.4% increase from the prior year. However, the median annual compensation for Chevron employees, in the U.S. and abroad, last year fell…
Oil Prices Rise for Second Consecutive Week on Expected Tighter Supply
Summary • Benchmarks record highest weekly gains since early January• Fresh US sanctions on Iran include Chinese independent refiner• Prices also supported by latest OPEC+ production plans (Reuters) – Oil…
UAE Commits to $1.4 Trillion US Investment, White House Says
(Reuters) – The United Arab Emirates has committed to a 10-year, $1.4 trillion investment framework in the United States after top UAE officials met President Donald Trump this week, the…
US Oil and Gas Rigs Rise for First Time in Three Weeks, Baker Hughes Says
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed…
