US LNG Plants Imported Cargoes During Winter Storm as Natural Gas Prices Hit Records

By and BP and Shell imported LNG from Trinidad amid U.S. winter storm Spot gas prices hit all-time highs due to increased demand and frozen wells Elba Island and Cove…

US Refiners Poised for Higher Q4 Profit, Venezuela in Focus

By NEW YORK, Jan 22 (Reuters) – Top U.S. oil refiners are expected to post stronger fourth-quarter profits as product margins spurred by the ongoing Russia-Ukraine war boosted earnings, energy…

US Handing Over Seized Tanker to Venezuela, Officials Say

WASHINGTON, Jan 28 (Reuters) – The United States is handing over a tanker to Venezuela that it seized this month, two U.S. officials told Reuters on Wednesday, the first known…

NY Regulators Oppose Filings for Williams’ Proposed PA-NY Constitution Natgas Pipeline

(Reuters) – New York’s environmental regulator said on Wednesday that it filed with federal energy regulators to oppose Williams Cos-led Constitution Pipeline’s bid to revive a permit to build the…

US Crude Production Recovers After Winter Storm Ravages Output

By Georgina McCartney HOUSTON, Jan 28 – U.S. crude oil producers were bringing wells back online on Wednesday following a severe winter storm that swept across the country over the…

US Crude Stocks Fall, Gasoline and Distillate Inventories Rise, EIA Says

By Liz Hampton and Georgina McCartney (Reuters) – U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration said on Wednesday. Get the Latest…

Chevron to Boost Exports of Venezuelan Oil to US to 300,000 bpd in March, Sources Say

(Reuters) – Oil producer Chevron is set to boost exports of Venezuelan crude to the U.S. to some 300,000 barrels per day (bpd) in March, from 100,000 bpd in December…

Forecast Record Electricity Demand to Test Largest US Power Grid, Blackout Chances Rise

By and Transmission congestion leads to soaring electricity prices Natural gas supply issues contribute to generator outages and price spikes PJM high-voltage line restrictions expected to average nearly 13 hours…

US Natural Gas Falls as Production Returns, Contract Expires

By US natural gas declined in thin trading on Wednesday as some gas production came back into service after being knocked offline by a powerful winter storm that sparked a…

Trump Nixes $1.8 Billion Biden-Era Loan to Arizona Utility for Clean Energy

By A $1.8 billion loan guarantee to an Arizona utility to deploy clean energy are among the projects the Energy Department has canceled following a review of loans made during…