US Energy Storage Additions Hit a First-Quarter Record, Report Shows
(Reuters) – U.S. energy storage developers installed 9.7 gigawatt-hours of new capacity in the first quarter of 2026, marking a record high for the quarter, an industry report showed on…
Devon Snaps Up Prime Delaware Basin Acreage for $2.6 Billion after Coterra Merger
(Reuters) – Shale producer Devon Energy on Thursday said it has acquired 16,300 net undeveloped acres in the core of the Delaware Basin in New Mexico for about $2.6 billion through…
Oil Market Clock is Ticking as Supply Crunch Looms: Bousso
The oil industry has shown remarkable resilience in the face of the largest energy supply shock in modern history, pulling multiple levers to cushion the blow of the Iran war.…
US Oil and Gas Auction for New Mexico Leases Draws Record $4 Billion in Bids
A Trump administration sale of oil and gas drilling rights on federal lands in New Mexico and Texas generated $4 billion in winning bids, the Interior Department said on Wednesday.…
Oil Rises Over 1% After Reuters Report Signals Complication to US-Iran Peace Talks
Summary Supreme Leader says enriched uranium must stay in Iran, Iranian sources say Pakistan steps up diplomatic bid to get US-Iran peace talks on track US withdrew biggest oil drawdown…
US Draws Down Record Volumes of Crude Oil From Stocks, EIA Says
(Reuters) – The United States withdrew 17.8 million barrels of crude oil from its inventories, the highest on record, the Energy Information Administration said on Wednesday, as the Iran war…
US Crude and Gasoline Inventories Fell Last Week on Strong Demand, EIA Says
(Reuters) – U.S. crude and gasoline stockpiles fell last week as demand remained elevated, while distillate inventories were up, the Energy Information Administration said on Wednesday. Crude inventories fell by…
Trump Blinks as Big, Bad Bond Market Bares its Teeth: McGeever
(Reuters) – U.S. President Donald Trump is discovering – yet again – just how unforgiving and powerful bond markets can be. A global selloff has swept through sovereign debt markets,…
Iran War Boosts US Shale Oil But Only So Much: Bousso
(Reuters) – U.S. shale oil drillers have responded rapidly to the surge in crude prices since the start of the Iran war by ramping up production, but output gains are…
Goldman Sachs Says US Natural Gas Output Shows Signs of Price Sensitivity
Goldman Sachs said in a note on Tuesday that U.S. natural gas production is showing signs of price sensitivity as Henry Hub prices moved back above $3 per million British…
