US Oil, Gas Rig Count Slows Despite Record Output, EIA Says
(Reuters) – U.S. oil and natural gas drilling activity has continued to decline even as production reaches record highs, the U.S. Energy Information Administration (EIA) said on Monday. The EIA…
IEA Says Questions Linger on Who Will Scoop Up New LNG Wave
By The global market could absorb a record wave of new supply of liquefied natural gas, but much depends on net zero policies and renewables growth, the International Energy Agency…
Chevron Joins Race to Explore Potential Purchase of Lukoil Assets, Sources Say
By , and LONDON, Nov 17 (Reuters) – U.S. oil major Chevron (CVX.N) is studying options to buy global assets of sanctioned Russian oil firm Lukoil (LKOH.MM), five sources familiar…
The 2 Million Barrel Divide: IEA and OPEC at Odds Over Oil Demand
By Ryohtaroh Satoh and Malcolm Moore Original: Get the Latest US Focused Energy News Delivered to You! It’s FREE: The widest gap for more than two decades has opened up…
The Future of the Energy Transition Will be Fractured, Bumpy and Long: Bousso
The spirit of cooperation that once reigned has been shattered by economic rivalries and a stark divergence in climate policies among the world’s biggest polluters. The landmark UN COP21 climate…
Oil Edges Down After Loadings Resume at Russian Export Hub
Summary Russia’s Novorossiysk port has resumed oil loadings US plans sanctions on nations doing business with Russia Speculators increase ICE Brent net longs on supply risks (Reuters) – Oil prices…
Saudi Crown Prince Visits US With Defence, AI and Nuclear on the Agenda
The crown prince, widely known by his initials MBS, denied ordering the operation but acknowledged responsibility as the kingdom’s de facto ruler. Get the Latest US Focused Energy News Delivered…
Shell Ordered to Pay Venture Global’s Legal Fees After Arbitration Loss
Earlier this week, Reuters reported that Shell challenged its defeat in the New York Supreme Court, weeks after rival BP won a similar arbitration worth more than $1 billion. Both…
Cheniere Sees US LNG Plants Using 40 bcf of Natural Gas Per Day in Coming Years
U.S. liquefied natural gas plants could take on as much as 40 billion cubic feet of natural gas per day in coming years, Cheniere Energy Chief Commercial Officer Anatol Feygin…
US Drillers Add Oil and Gas Rigs for Second Week in a Row, says Baker Hughes
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a second week in a row, energy services firm Baker Hughes said in its closely followed…
