Blackstone Weighs $5 Billion Sale of Beacon Offshore, Bloomberg News Reports
(Reuters) – Blackstone is in talks to sell its Beacon Offshore Energy, which operates oil and gas assets in the U.S. Gulf of Mexico for more than $5 billion, Bloomberg…
Glenfarne Announces Strategic Partnership With Danaos to Advance Alaska LNG
ANCHORAGE, Alaska–(BUSINESS WIRE)–Glenfarne Group, LLC (“Glenfarne”) subsidiary Glenfarne Alaska LNG, LLC, majority owner and developer of the Alaska LNG Project, and Danaos Corporation (“Danaos”) (NYSE: DAC), one of the world’s…
COMMENTARY: Trump’s Embrace of Oil Industry is Turning Into an Awkward Grip
A drone view of a drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Phot (Reuters) – President Donald Trump has lavished the U.S. oil industry with favourable policies…
Oil Steadies as Investors Assess US Tariff Threats Over Greenland
Summary US threatens tariffs on European states over Greenland China reported better-than-expected Q4 GDP data China reported higher crude oil output for 2025 Brent, WTI prices edge lower (Reuters) –…
US Natural Gas Jumps on Colder Outlook for Last Week of January
By US natural gas futures jumped as the weather outlook for late January shifted colder, with blasts of Arctic air set to sweep the eastern part of the country, raising…
Trump Is Pushing Gas to Power AI Boom, But Building Plants Takes Years
To speed the construction of new energy plants, the Trump administration called for an emergency power auction. They favor gas, coal and nuclear. By When the Trump administration called Friday…
Oil Down as Easing Iran Unrest Dampens Geopolitical Risk Premium
Oil prices fell 1% on Monday, reversing the previous session’s gains, as civil unrest in Iran subsided, lowering the chance of a U.S. attack that could disrupt supply from the…
Judge Says Dominion Energy Can Resume Wind Project U.S. Halted
The U.S. offshore wind industry has faced other difficulties, including soaring inflation and supply chain snarls Bloomberg News Dominion said in court papers that it is losing about US$5 million…
US Moving Fast to Expand Chevron’s Venezuela License – Energy Secretary Wright
Summary Chevron’s export capacity from Venezuela could increase with new license terms US aims to sell Venezuelan oil at higher prices post-Maduro Funds from oil sales may eventually move to…
Oil Prices steady as Ebbing Iranian Protests Lower Chance of US Attack
(Reuters) – Oil prices were little changed on Monday, after rising in the previous session, as Iran’s deadly crackdown on protests quelled the civil unrest in the country, reducing the…
