Pipeline Operator Kinetik Prepares Sale Process
The development comes as energy-intensive data centers and rising liquefied natural gas (LNG) exports drive U.S. gas consumption higher, prompting producers to pull more fuel from the ground. Texas-based Kinetik,…
US Crude and Fuel Stocks Fall, EIA Says
(Reuters) – HOUSTON, Feb 19 – U.S. crude, gasoline and distillate inventories fell last week, the Energy Information Administration said on Thursday. Crude inventories fell by 9 million barrels to…
US Energy Secretary Wright Pressures IEA to Quit Net Zero Agenda
Reuters – The U.S. Energy Secretary Chris Wright gave the International Energy Agency on Thursday a one-year deadline to move away from its net zero climate-focused agenda or risk losing…
Oil Prices Extend Gains on Concern Over Potential US-Iran Conflict
Summary Brent and WTI benchmarks up more than 1% Prices buoyed by concern over potential U.S.-Iran conflict US crude and fuel inventories fell last week, sources said (Reuters) – Oil…
Oil Companies Jostle for Projects to Boost Venezuelan Output Quickly; A Real Grind Awaits
Summary Chevron in prime position for early gains in Venezuela Challenges include repairing infrastructure, securing diluents Legal risks and regulatory uncertainty remain for oil companies CABIMAS, Venezuela, Feb 19 (Reuters)…
US Energy Chief Downplays Interest in Greenland’s Rare Earths
By The Trump administration’s primary interest in Greenland is on national security, not the development of its rare earths or energy resources, according to US Energy Secretary Chris Wright. Get…
US Natural Gas Futures Sink to Four-Month Low on Warm Forecast
By US natural gas futures closed down, ending at a fresh four-month low, as traders weighed warming outlooks stretching through the end of the month, decreasing demand for the heating…
US Refiners Phillips 66, Citgo Seek to Buy Crude Directly From Venezuela, Sources Say
By , and Phillips 66, Citgo seek to purchase directly starting in April, Valero later in the year Venezuelan crude prices ease amid US Gulf Coast supply surge Direct purchases…
California, Colorado and Washington Sue Trump Administration to Unlock Funding for Clean Energy Projects
By SAN FRANCISCO, Feb 18 (Reuters) – California, Colorado and Washington are suing the federal government to force it to pay out grants approved by Congress for clean energy projects,…
Japan, US Reach $36 Billion of Gas, Mineral Deals in Trump Pact
By , , and Japan plans to invest up to $36 billion in US oil, gas and critical mineral projects, the first tranche of its $550 billion commitment under the…
