Glencore’s Energy Trading Profits Soar on Iran War
(Reuters) – Glencore earned 66 times more from energy trading in the first half of 2026 than it did a year earlier, joining other major commodity traders profiting from market…
US Crude Inventories Rise as Refinery Runs Ease and Imports Climb, EIA Says
(Reuters) – U.S. crude stocks rose as refineries eased processing slightly and imports edged higher, data from the Energy Information Administration showed on Wednesday. Crude inventories rose by 2.5 million…
Pipeline Owners Race to Build Capacity as AI Power Demand Jumps
By US pipeline operators are racing to expand their capacity to help power new data centers. Get the Latest US Focused Energy News Delivered to You! It’s FREE: Energy Transfer…
Fuel Shipping Waiver Extension ‘Quite Likely,’ Energy Chief Says
By Trump administration officials are moving toward granting another temporary extension of a waiver of a century-old shipping law that made it easier to move oil, fuel and fertilizer around…
Occidental Quarterly Profit Soars to Highest Since 2022 on Oil Rally
(Reuters) – U.S. shale producer Occidental Petroleum reported its highest quarterly profit since 2022, surpassing Wall Street expectations on Wednesday, helped by higher oil prices and production. Benchmark Brent crude…
US Upstream Oil and Gas Second-Quarter Dealmaking Dives on Volatility
(Reuters) – Dealmaking in the U.S. upstream oil and gas sector shrank fourfold to $9 billion in the second quarter of this year as volatile oil prices tempered investor confidence,…
Shale Producer APA Beats Second-Quarter Profit Estimates
(Reuters) – Oil and gas producer APA beat Wall Street estimates for second-quarter profit on Wednesday, helped by higher oil prices. The U.S.-Israeli conflict with Iran, now in its sixth…
REALITY: Trump Says America Does Not Need Canadian Energy. The Facts, and His Own Policies, Say Otherwise
by EnergyNow Guest Columnist President Donald Trump has repeatedly claimed that the United States does not need Canadian energy. Ahead of his May 6, 2025, meeting with Prime Minister Mark…
Trump Says US Held ‘All-Day Negotiation’ With Iran on Tuesday
On-going Us-Iran Negotiations U.S. President Donald Trump said there was an “all-day negotiation” on Tuesday with Iran, characterizing the talks positively while also threatening to hit Iran “really hard”…
Oil Prices Rebound After Houthis Say They Attacked Saudi Tanker
Summary Houthis say they launched missile attack on Saudi tanker off Yanbu export port Brent benchmark back above $80 a barrel after heavy fall on Tuesday Iran denies peace talks…
