Southern California Edison Sued Over Role of Equipment in LA Wildfires
Jan 13 (Reuters) – Southern California Edison, a unit of utility firm Edison International (EIX.N), on Monday was sued on claims that its electrical equipment started one of the major…
Reactions to New US Sanctions Against Russian Energy Interests
Jan 13 (Reuters) – The U.S. Treasury announced on Friday sweeping new sanctions against the Russian energy sector, including oil majors Gazprom Neft (SIBN.MM) and Surgutneftegaz (SNGS.MM), to try to…
Russia Sanctions Arm Trump for Talks With Putin
The shadow fleet tanker Turbo Voyager off the coast of Agerso, Denmark. Julian Lee, Bloomberg News Outgoing US President Joe Biden has seized the opportunity of lower oil prices and…
U.S. Oil Refiners Brace for a Tough Year as Investor Sentiment Turns Negative
The LyondellBasell refinery, located near the Houston Ship Channel, is seen in Houston, Texas, U.S., May 5, 2019. REUTERS/Loren Elliott/File Photo Summary Refiner profits fall as new capacity and normal…
Tougher U.S. Sanctions to Curb Russian Oil Supply to China and India
The U.S. Treasury on Friday imposed sanctions on Russian oil producers Gazprom Neft and Surgutneftegas, as well as 183 vessels that have shipped Russian oil, targeting the revenues Moscow has…
US NatGas Flows to Freeport LNG Export Plant in Texas Reduced – LSEG Data
(Reuters) – The amount of natural gas flowing to U.S. liquefied natural gas (LNG) company Freeport LNG’s export plant in Texas was on track to fall to a one-month low…
US Drillers Cut Oil and Gas Rigs for First Time in Six Weeks – Baker Hughes
(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks, energy services firm Baker Hughes said…
Biden Hits Russian Oil in Toughest Sanctions Yet in Bid to Give Ukraine, Trump Leverage
(Reuters) – The Biden administration on Friday imposed its broadest package of sanctions yet targeting Russia’s oil and gas revenues in an attempt to give Kyiv and the incoming administration…
US NatGas Prices Climb 4% to One-Week High on Colder Forecasts, Record LNG FeedGas
(Reuters) – U.S. natural gas futures climbed about 4% to a one-week high on Friday on forecasts for colder weather and higher heating demand over the next two weeks than…
US to Release Clean Fuel Tax Credit Model That Limits Ethanol Producers’ Credit Access, Sources Say
By and (Reuters) – The U.S. is expected to release by next week a climate model for clean fuel tax credits that will sharply reduce the ability of ethanol producers…
