US Drillers Add Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since December, energy services firm Baker…
Half of Americans at High Risk of Power Shortfalls Amid AI Boom
By and As many as 151 million Americans are at high risk of power shortfalls — or outright blackouts — over the next five years because of extreme weather, natural…
COMMENTARY: Old-Economy Demands May Stall Emerging Market Decarbonization – Maguire
By Gavin Maguire LITTLETON, Colorado, Jan 30 (Reuters) – While North America and Europe scramble to build the data centers needed to run 21st-century businesses, many emerging markets remain anchored…
COMMENTARY: Oil Needs an Iran Supply Shock, Not Tough Talk, to Break Out of Range – Bousso
By LONDON, Jan 30 (Reuters) – Oil prices remain stuck in a narrow band even after soaring 15% in January, partly on fears of a fresh U.S. strike on Iran.…
Trump to Impose Tariffs on Goods From Nations Giving Oil to Cuba, White House Says
U.S. President Donald Trump on Thursday signed an executive order declaring a national emergency and establishing a process to impose tariffs on goods from countries that sell or otherwise provide…
LyondellBasell Targets $1.3 Billion in Cost Savings After Surprise Quarterly Loss
(Reuters) – Petrochemicals maker LyondellBasell on Friday posted a surprise loss for the fourth quarter and said it aims to save $1.3 billion by the end of 2026, as it…
Chevron Beats Q4 Profit Estimate, Eyes Venezuela Investment Opportunities
Summary Chevron evaluates investment opportunities in Venezuela amid geopolitical changes Q4 profits exceed estimates despite lower crude prices, focus on cost-cutting Tengiz maintenance and weather impact Q1 production, expected to…
Freeport LNG in Texas to Take in More Gas After Thursday Shutdown, LSEG Data Shows
Summary Freeport LNG shutdown impacts global gas prices US gas futures rise, European prices fall on Freeport news Freeport’s Train 3 shut due to compressor issue No comment from Freeport…
Exxon Beats Wall Street Q4 Target as Permian, Guyana Fields Take Output to 40-Year High
Summary Exxon Mobil reports Q4 adjusted EPS $1.71 vs estimate of $1.68 Exxon achieves highest annual upstream production in 40+ years Exxon plans $20 billion share buyback through 2026 HOUSTON,…
Coterra Energy and Devon Energy in Advanced Talks to Merge, Source Says
(Reuters) – Coterra Energy and Devon Energy could announce an agreement to merge as soon as next week, in what would be the largest oil and gas deal in the…
