BlackRock, Vanguard Accused of Antitrust Violations by Texas
BlackRock Inc., Vanguard Group Inc. and State Street Corp. were sued by a group of states led by Texas for allegedly breaking antitrust law by boosting electricity prices through their investments, in the highest-profile…
U.S. to Decide on Another Round of Solar Panel Tariffs
Summary Malaysia, Cambodia, Vietnam, Thailand imports at issue Most solar panels installed in the US are made overseas Nov 29 (Reuters) – U.S. trade officials are expected to announce on…
Exxon Lobbyist Investigated Over Hack-and-Leak of Environmentalist Emails, Sources Say
FBI has been investigating Exxon Mobil consultant Cyber spying operation targeted hundreds of Exxon Mobil critics Leaked documents later cited by Exxon Mobil and others in court filings (Reuters) –…
Trump’s Gas Ambitions Are Bad News for Russia
An LNG tanker docked at the Cheniere liquefaction facility in Corpus Christi, Texas. Liquefied natural gas has turned America into an energy export superpower, and President-elect Donald Trump wants to…
Oil Heads for 3% Weekly Decline as Supply Risks Ease
Summary U.S. crude stockpiles fell more than expected this week Analysts cite outlook for looser 2025 supply and demand balance OPEC+ shifts meeting to Dec. 5, could further delay output…
Oil Rises After Selloff on Possible Middle East Ceasefire
Summary Israel and Hezbollah close to ceasefire deal OPEC+ could leave output cuts in place from Jan. 1 Trump says he will impose 25% tariff on Canadian, Mexican goods President-elect…
U.S. Oil Firms Unlikely to Go ‘Drill, Baby, drill’ Under Trump, says Exxon Executive – “Everybody is Focused on the Economics”
U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil said on Tuesday.…
Trump’s Energy Czar Burgum Is a Powerful Cabinet Pick – If Trump Stays Happy
North Dakota Governor Doug Burgum, chosen by President-elect Donald Trump to lead the Department of the Interior, could end up being one of the most quietly influential members of the…
All 3 Trains at Freeport LNG Plant in Texas Seen Back on Monday, LSEG Data Shows
(Reuters) – All three liquefaction trains at Freeport LNG’s export plant in Texas were expected to be back in service on Monday, according to preliminary data from financial firm LSEG.…
Oil Falls More Than 2% on Possible Middle East Peace Deal
(Reuters) – Oil prices fell more than 2% on Monday after multiple reports that Israel and Lebanon had agreed to the terms of a deal to end the Israel-Hezbollah conflict,…
