Shell Begins Production at Whale in US Gulf of Mexico

Jan 9 (Reuters) – Oil and gas major Shell (SHEL.L) said on Thursday it had started production at the offshore floating facility Whale located in the Gulf of Mexico. The…

US Senate Panel to Hold Hearings on Trump Energy Picks Next Week

WASHINGTON, Jan 9 (Reuters) – The U.S. Senate energy committee will hold nomination hearings for President-elect Donald Trump’s picks for energy roles on Tuesday and Wednesday next week, the panel’s…

Biden Administration to Release Short-Term Guidance on Clean Fuel Tax Credit, Sources Say

By Jan 9 (Reuters) – President Joe Biden’s administration expects to release short-term guidance on clean fuel tax credits on Friday and leave final decisions to President-elect Donald Trump’s incoming…

Texas Tops US States for Renewable Energy and Battery Capacity

By LITTLETON, Colorado, Jan 9 (Reuters) – Texas is dominating the development of renewable energy generation and battery capacity within the United States, and is estimated to have installed nearly…

TotalEnergies to Pay $5 Million to Settle U.S. FERC Natgas Manipulation Sase

 A unit of French energy company TotalEnergies agreed to pay $5 million to settle claims by U.S. energy regulators that it and some of its traders allegedly manipulated the natural…

Oil Prices Rise as Concerns Grow Over Supply Disruptions

Summary • Brent and WTI climb• China’s Shandong Port blacklists U.S.-sanctioned oil vessels, traders say• Middle East market strength provides support• Economic data undermine demand hopes Jan 7 (Reuters) –…

US Natural Gas Prices Jump 9% as Winter Storms Boost Heating Demand, Freeze Wells and Pipes

(Reuters) – U.S. natural gas futures soared 9% in volatile trade on Monday as winter storms battered the eastern half of the country, causing output to decline as some oil…

US Plans More Sanctions on Tankers Carrying Russian Oil, Sources Say

By and U.S. to announce ‘very substantial package’ of sanctions, source says Russian oil companies, tankers, traders, insurers to be targeted, source says Tankers carrying oil above $60 per barrel…

Global Crude Exports Dip as Trade Routes Re-Shuffle Again

By Middle East oil exports to Europe fell 22% in 2024, Kpler data shows US boosts global oil trade share to 9.5% with shale production New refineries and pipelines alter…

Trump Weighing Executive Order Protecting Gas Stoves

Summary • Gas appliances linked to health issues, climate change• Republican states counter local gas restrictions with laws (Reuters) – President-Elect Donald Trump is weighing an executive order that seeks…