Trump Administration Unlikely to Finalize 2026 Biofuel Quotas This Year, Sources Say
By EPA still reviewing comments; no end-of-year decision expected Delay folds quotas into broader oil-agriculture policy talks Uncertainty complicates contracts, hedging, and investment decisions Dec 12 (Reuters) – The Trump…
Venezuela Oil Exports Fall Sharply After US Tanker Seizure, Sources and Data Say
By Only Chevron-chartered tankers sailing into international waters About 11 million barrels stuck in vessels in Venezuela Some cargoes are onboard Washington-sanctioned ships HOUSTON, Dec 12 (Reuters) – Venezuela’s oil…
US Drillers Cut Oil and Gas Rigs for Second Time in Three Weeks, Says Baker Hughes
(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second time in three weeks, energy services firm Baker Hughes said…
US House Passes Bill to Fast-Track Natural Gas Pipeline Permitting
WASHINGTON, Dec 12 (Reuters) – The U.S. House of Representatives on Friday voted 213-184 to pass a bill that aims to speed up federal permitting of interstate natural gas pipelines…
What US Military Posturing Means for Venezuela’s Oil
US forces intercept and seize a sanctioned oil tanker off the coast of Venezuela, in a video released by the US Department of Justice on Dec. 10. Source: US Department…
How Billionaire Wes Edens’ Big Energy Dream Hit the Rocks
New Fortress Energy went all in on a concept it called Fast LNG. Slowly that commitment has become the company’s undoing. By , , and For 20 minutes, Wes Edens…
Oil Inches Lower on Oversupply Concerns, on Track for Weekly Loss
Summary Brent and WTI down more than 4% this week Supply glut remains main market focus US plans to seize more tankers off Venezuela coast, sources say (Reuters) – Oil…
THE WORLD’S TOP RESOURCE GIANTS: Ranked by Wealth per Capita – Visual Capitalist
By | Graphics/Design: Key Takeaways Saudi Arabia leads with nearly $1 million in natural resources per person, far ahead of other prominent resource-rich nations. Large populations push China and the…
SLB, Shell Partner to Develop AI-Powered Solutions for Energy Industry
(Reuters) – SLB said on Thursday that it was partnering with Shell to develop digital and artificial intelligence tools aimed at improving performance and efficiency across upstream operations. Shell and…
US Preparing to Seize More Tankers Off Venezuela’s Coast After First Ship Taken, Sources Say
(Reuters) – The U.S. is preparing to intercept more ships transporting Venezuelan oil following the seizure of a tanker this week, as it increases pressure on Venezuelan President Nicolas Maduro,…
