Oil Trade Group Pushes US for National Ethanol Policy After EPA Okays Midwest Expansion

By and NEW YORK, Feb 24 (Reuters) – The American Petroleum Institute trade group on Monday pressed for a nationwide policy on higher-ethanol blends of gasoline after the President Donald…

Trump’s Minerals Deal May Play in Ukraine’s Favor Long-Term

By BERLIN, Feb 26 (Reuters Breakingviews) – The minerals deal that U.S. President Donald Trump could soon sign with Ukraine may not be the colonial-style asset grab it appears to…

Oil Holds at Two-Month Low on Rising Supply Concerns

Summary • Potential peace deal between Russia and Ukraine weighs on prices• Oil sanctions in focus after talks between U.S. and Russia• Investors await US oil inventory data from EIA…

Winter Finally Gives US Natural Gas Room to Run

Welcome to our guide to the energy and commodities powering the economy. Today, reporter Elizabeth Elkin explores the recent weather-driven rally for US natural gas. Old Man Winter has finally…

Diamondback Looks to Partner on Gas-Fired Power Plant in Permian

A Diamondback Energy Inc. oil rig in Midland, Texas. Diamondback Energy Inc. is in talks to form a power joint venture that would solve some of the shale giant’s own needs…

Trump’s EPA Plots Single Strike Against US Climate Change Rules

At issue is the EPA’s 2009 conclusion that several different greenhouse gases threaten the public health and welfare of current and future generations. President Donald Trump’s top environmental regulator is…

SLB Delays ChampionX Deal Closure to Early Second Quarter

SLB is legally permitted to close the all-stock transaction – now worth $5.82 billion – in the U.S., but it has been held up due to a second request for…

Shell Expects 60% Rise in Global LNG Demand by 2040 as Asia Leads Growth

Summary Asia’s economic growth to drive LNG demand increase China and India expand LNG infrastructure amid rising demand US and Qatar to dominate LNG supply by 2035 Shell LNG Outlook…

Bank of America Predicts Brent crude to Average $75/bbl in 2025

(Reuters) – Bank of America expects Brent crude to average $75 per barrel in 2025 and $73 in 2026, citing low global oil inventories, balanced supply and demand, and about…

Trump Says He Wants Keystone XL Pipeline to be Built

Republican U.S. President Donald Trump said on Monday he wanted the Keystone XL Pipeline built and pledged easy regulatory approvals for the project, which was opposed for years by environmentalists…