Exxon Joins Chevron in Pursuing Parts of Lukoil Global Empire, Sources Say
By , and LONDON/NEW YORK, Nov 18 (Reuters) – U.S. oil major Exxon Mobil (XOM.N) has joined rival Chevron Corp (CVX.N) in considering options to buy parts of sanctioned Russian…
California Refinery Closures Spark Pipeline Race to West Coast
Motorists in West Coast states have long paid some of the country’s highest fuel prices due to limited regional production and minimal connectivity to the Gulf Coast refining hub. There…
US Data Center Demand Raising Power Risks This Winter, Regulator Says
Rising power demand driven by data centers is shrinking U.S. electricity supplies and increasing the risk of energy shortages if extreme winter weather strikes this year, the North American Electric…
Trump Would Back Russia Sanctions Bill if He Retains Final Authority, White House Official Says
(Reuters) – President Donald Trump is willing to sign legislation to impose sanctions on Russia as long as he retains ultimate decision-making authority over any such measures, a senior White…
Oil Steadies as Markets Weigh Russia Sanctions and Glut Forecasts
Summary US Treasury says sanctions are squeezing Mscow’s revenue Russian oil loadings at Novorossiysk resume after Ukraine attack Oil prices to fall next year, says Goldman Sachs (Reuters) – Oil…
Venture Global Wants to Double Planned Capacity of Plaquemines LNG Facility
(Reuters) – Venture Global said on Monday it had asked the U.S. Federal Energy Regulatory Commission for permission to more than double the capacity of its Plaquemines liquefied natural gas…
Qatar-Exxon LNG Plant in Texas Plans First Shipment in February
By and The Golden Pass liquefied natural gas terminal under construction in Sabine Pass, Texas. Photographer: Callaghan O’Hare/Bloomberg Get the Latest US Focused Energy News Delivered to You! It’s FREE:…
Atlantic LNG Freight Rates Surge to Highest Since Early 2024
By and The cost of transporting liquefied natural gas across the Atlantic Ocean surged to the highest in almost two years, as expanding exports from North America boosted demand for…
COMMENTARY: TotalEnergies’ Power Play Teaches Big Oil How Energy Transition Can Work – Ron Bousso
By TotalEnergies acquires 50% in Czech energy company EPH’s power business French company aims to grow power business while also increasing oil and gas Strategy contrasts with Shell and BP…
Goldman Sachs Sees Oil Prices Falling Through 2026 on Supply Surge
(Reuters) – Oil prices are expected to decline through 2026, Goldman Sachs said on Monday, citing a production surge that will keep the market in a large surplus of around…
