Berkshire-Owned PacifiCorp, Citing Liquidity, Sells Washington Assets to Portland General Electric for $1.9 Billion
By and PacifiCorp has warned of liquidity concerns from Oregon wildfire PGE to acquire natural gas, wind, utility assets Transaction may close in more than one year Feb 17 (Reuters)…
Oil Prices Slide 2% to Two-Week Low on Talk of Progress in US-Iran Talks
Summary Brent crude futures up 11 cents at $68.76 a barrel Investors gauge risk of supply disruption following Iranian drills near Strait of Hormuz Many markets closed due to Lunar…
Citi Says Geopolitics to Support Oil Near Term – Peace Deals Seen Lowering Prices
(Reuters) – Oil prices could remain supported in the near term as U.S. President Donald Trump ramps up pressure for peace deals involving Russia and Iran, but a resolution later…
Canada Embraces Asia to Save Auto Heartland Squeezed by U.S. Tariffs
There’s a growing belief that if U.S. automakers are abandoning Canada, there’s no longer any reason to do them favours By Nojoud Al Mallees As the weeks passed after General…
Suffocating U.S. & Western Pressure May Finally Force Russian Oil Output Cuts: Bousso
Russian oil producers could be forced to sharply cut output in coming months as tightening pressure from U.S. President Donald Trump and European powers restricts the country’s exports and its…
Trump, Netanyahu Agreed US Should Press Iran to Cut Oil Sales to China, Axios reports
U.S. President Donald Trump points his finger towards Israeli Prime Minister Benjamin Netanyahu as they shake hands during a press conference after meeting at Trump’s Mar-a-Lago club in Palm Beach,…
As Trump Shreds Climate Rules, China’s Emissions Start to Fall
The two superpowers are choosing different paths in terms of where to get energy and how to tackle climate change Chinese leaders envision a future in which clean energy dominates…
Exxon Mobil Can Sue California Attorney General for Defamation Over Recycling, Judge Rules
Summary Judge rejects Rob Bonta’s immunity claim in defamation case Attorney general accused Exxon of lies, deception Claims against environmental groups are dismissed Bonta, Exxon not available for comment (Reuters)…
US Drillers Cut Three Oil Rigs, Add Three Gas Rigs, Leaving Weekly Count Unchanged, Says Baker Hughes
(Reteurs) – U.S. energy firms this week cut three oil rigs and added three natural gas rigs, keeping the overall rig count unchanged, energy services firm Baker Hughes said in…
Caturus Signs LNG Supply Deal with Saudi Aramco
U.S. gas producer Caturus said on Friday it signed a 20-year agreement to supply 1 million tonnes per annum of LNG to Saudi Aramco from its proposed Louisiana export project. Last month,…
