US Natgas Prices Drop 7% on Forecasts for Warmer Weather, Lower Heating Demand
Front-month gas futures for February delivery on the New York Mercantile Exchange fell 26 cents, or 6.5%, to $3.767 per million British thermal units (mmBtu) at 8:45 a.m EST (1345…
Diversified Energy to Buy Maverick to Expand US Oil Asset Base
Diversified Energy Company Plc agreed to acquire Texas-based energy producer Maverick Natural Resources to expand its scale as US President Donald Trump makes higher oil production a key priority. Alabama-based Diversified signed a definitive…
Trump Seizes Wartime Powers in Battle for More Fossil Fuels
President Donald Trump’s declaration of an energy emergency opens the door to wield sweeping Cold War-era powers and little-known authorities to fast track pipelines, expand power grids and save struggling coal plants.…
U.S. Reinstates Certificate for Williams’ Transco Pipeline’s Expansion Project
Last year, a U.S. appeals court said the Federal Energy Regulatory Commission (FERC) should have better assessed the risk of significant greenhouse gas emissions, throwing out its “arbitrary and capricious”…
EIA Sees Higher U.S. Wholesale Power Prices in 2025
Wholesale power prices could average $40 per megawatt hour (MWh) this year, rising 7% over 2024, the EIA said in a report on Monday. It forecast the average price of…
Trump Pledges Tariffs ‘Much Bigger’ Than 2.5% and on Key Sectors
President Donald Trump said he wants to enact across-the-board tariffs that are “much bigger” than 2.5%, the latest in a string of major signals Monday that he’s preparing widespread levies to reshape…
US Power Stocks Plummet as DeepSeek Raises Data Center Demand Doubts
Power producers were among the biggest winners in the S&P 500 last year on expectations of ballooning demand from the energy-guzzling data centers needed to scale Big Tech’s artificial intelligence…
What It Means When Trump Declares a National Energy Emergency
Donald Trump made liberal use of emergency powers during his first stint as US president and is employing the same playbook this time around. Just hours after being sworn into…
Southern California Edison Shares New Details on Transmission Lines in Eaton Amid Wildfire Probe
Jan 27 (Reuters) – Southern California Edison, a unit of utility Edison International said on Monday preliminary analysis of data showed a “momentary and expected increase in current” on its energized…
U.S. Dollar Set for Worst Week in Over a Year on Tariff Angst
Trump told Fox News in an interview on Thursday evening his recent conversation with President Xi Jinping was friendly and he thought he could reach a trade deal with China.…
