US Crude Production Recovers After Winter Storm Ravages Output
By Georgina McCartney HOUSTON, Jan 28 – U.S. crude oil producers were bringing wells back online on Wednesday following a severe winter storm that swept across the country over the…
US Crude Stocks Fall, Gasoline and Distillate Inventories Rise, EIA Says
By Liz Hampton and Georgina McCartney (Reuters) – U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration said on Wednesday. Get the Latest…
Chevron to Boost Exports of Venezuelan Oil to US to 300,000 bpd in March, Sources Say
(Reuters) – Oil producer Chevron is set to boost exports of Venezuelan crude to the U.S. to some 300,000 barrels per day (bpd) in March, from 100,000 bpd in December…
Forecast Record Electricity Demand to Test Largest US Power Grid, Blackout Chances Rise
By and Transmission congestion leads to soaring electricity prices Natural gas supply issues contribute to generator outages and price spikes PJM high-voltage line restrictions expected to average nearly 13 hours…
US Natural Gas Falls as Production Returns, Contract Expires
By US natural gas declined in thin trading on Wednesday as some gas production came back into service after being knocked offline by a powerful winter storm that sparked a…
Trump Nixes $1.8 Billion Biden-Era Loan to Arizona Utility for Clean Energy
By A $1.8 billion loan guarantee to an Arizona utility to deploy clean energy are among the projects the Energy Department has canceled following a review of loans made during…
Judge Revives Martha’s Vineyard Wind Project Halted by Trump
By and A US judge said a nearly completed, $4.5 billion wind project off the coast of Massachusetts can resume construction weeks after the Trump administration required all such developments…
GE Vernova’s Wind Setbacks Overshadow Strong Showing From Power, Electrification Units
By and Jan 28 (Reuters) – GE Vernova (GEV.N) said on Wednesday that its wind power unit might take about $250 million revenue hit this year due to installation delays…
US Upstream M&A Market Rebounds in Q4, Hits $23.5 Billion, Enverus Says
(Reuters) – The U.S. upstream mergers and acquisitions market regained momentum after a mid-year slowdown in the fourth quarter of 2025 reaching $23.5 billion in announced deals and pushing full-year…
More Than 400,000 US Customers Still Without Power as Winter Storm Freezes Much of the US
The hardest-hit utilities included Nashville Electric Service (NES) in Tennessee, where 109,156 of 463,455 customers were without power, and Entergy, with more than 104,000 of its 3.05 million U.S. customers…
