US AI Boom Faces Electric Shock

(Reuters) – Big Tech’s race to dominate artificial intelligence may soon hit a nasty road bump as U.S. electricity grids struggle to keep pace with the big-spending hyperscalers. Get the Latest US…

Indian Refiners Pivot From Russian to Venezuelan Crude

Reliance Industries has bought its first cargo of Venezuelan crude since 2023 from Chevron, Reuters has reported, citing shipping data, amid growing appetite from Indian refiners for non-Russian oil supply.…

Trump Slaps 126% Tariff on Indian Solar Panels in Escalating Trade Fight

President Trump announced a massive new tariff hit on India, saying imports of solar panels to the United States would be subject to tariffs of 126%. The move was motivated…

Shell Signs LNG Deal to Boost Supply to Southern Europe

Shell and Greek energy and metals firm Metlen have signed a cooperation deal for LNG supply and trading, which would boost deliveries to Greek import terminals and supply to southern…

Weak China Demand Pushes Australian Gas Exporters to Seek New Buyers

Asia’s weak LNG demand has prompted one of the biggest exporters, Australia, to ship a cargo of the fuel as far as East Canada on a 16,000-mile journey, vessel-tracking data…

EIA Sees USA Energy Demand Under 2025 Levels for Next 2 Years

In its latest short term energy outlook (STEO), which was released on February 10, the U.S. Energy Information Administration (EIA) projected that U.S. total energy consumption will remain below 2025…