US Oil Capital Houston Buzzes as Industry Limbers up for Venezuela Oil Rush
Houston firms eye Venezuela’s vast oil reserves amid political uncertainty Smaller investors see Venezuela as high-risk, high-reward opportunity US sanctions complicate oil trade, investment in Venezuela (Reuters) – In a…
Power Prices Surge as Winter Storm Spikes Demand in US Data Center Alley
Power prices in the largest U.S. grid rose sharply on Sunday as demand in a region with the world’s largest concentration of energy-hungry data centers surpassed forecasts during a deep…
US Seeks Quick Repairs to Lift Venezuela Oil Output
The United States is in talks with Chevron, other crude producers, and major oilfield service providers about a plan to quickly raise Venezuela’s crude production, Bloomberg News reported on Saturday,…
US Storm Leaves 1 Million Without Power, Forces 10,000 Fight Cancellations
Summary Snow, sleet, freezing rain, dangerous cold expected Sunday Federal emergency declarations approved in at least 12 states Outages impact states including Mississippi, Louisiana, Texas More than 10,000 flight cancellations…
Exxon’s XTO Unit Seeks Buyers for Select Eagle Ford Assets
Oil major ’s subsidiary XTO Energy is seeking buyers for some of its assets in the Eagle Ford shale basin in South Texas, an Exxon spokesperson confirmed to Reuters in a statement. In…
Trump Administration Considers Naval Blockade to Halt Cuban Oil Imports, Politico Reports
U.S. President Donald Trump’s administration is considering imposing a total blockade on oil imports to Cuba as part of possible new tactics to drive leadership change in the Caribbean country,…
COMMENTARY: US Energy Dominance Would Make for a Clumsy Weapon – Trump Has Given His Putative Allies Every Reason to Accelerate …
By Robert Cyran NEW YORK, Jan 23 (Reuters) – Greenland deal or no, the international order is fraying. As the Trump administration ramped up – before stepping back from –…
US Drillers Add Oil and Gas Rigs for First Time in Three Weeks, Baker Hughes Says
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed…
US Oilfield Service Firm SLB Says it Can Rapidly Boost Venezuela Operations
By and SLB says it is receiving lots of inquiries from customers about Venezuela Company had over $1 billion in annual revenue from Venezuela a decade ago Rival Halliburton has…
Oil Rises Nearly 3% as US Sends Armada to Iran, Slaps New Sanctions
By Trump escalates pressure against Iran Warships to arrive in Middle East in coming days, US official says US sanctions vessels involved in transporting Iranian oil Kazakhstan oil output yet…
