Angola’s Oil Output Slips Below 1 Million Bpd in a First Since OPEC Exit

Angola failed to meet government forecasts for oil production in July as its crude output slipped below 1 million barrels per day (bpd) for the first time in two and…

Sinopec’s Earnings Plunge amid Low Oil Prices, Weaker Fuel Demand

The largest Chinese and Asian refiner Sinopec reported on Thursday a 36% decline in its first-half profit on the back of lower oil prices and refining margins and weakening domestic…

New Polish President Vetoes Wind Energy Bill

For the first time since taking office a few weeks ago, Poland’s new President Karol Nawrocki used his veto power to block a bill passed by Parliament—and it was a…

EU, US Chart Next Steps on Trade Pact

The US and European Union took the next steps to formalize their trade pact, detailing plans that could reduce tariffs on European automobiles within weeks while opening the door to…

COMMENTARY: Charting the Projected US Power Capacity Mix Through 2035 – Maguire

By LITTLETON, Colorado, Aug 21 (Reuters) – U.S. power generation capacity is evolving at the fastest pace in decades, as utilities scramble to ensure that supplies keep up with rapidly…

JPMorgan Hires Two Investment Bankers to Bolster Services to Energy Companies

(Reuters) – JPMorgan Chase has hired two bankers to boost its investment banking capabilities for energy companies, including one which will help the bank focus on coverage of middle-market clients…

US Resumes Imports of Venezuelan Oil Under New License to Chevron

(Reuters) – Two tankers chartered by Chevron carrying Venezuelan crude reached U.S. waters on Thursday, marking the first U.S. imports of the South American country’s oil following a new license…

  • Gas
  • August 21, 2025
US backs down on semiconductor tariffs with EU but cooperation increases

US tariffs on European pharmaceuticals and semiconductors will not exceed 15% under a new agreement with the European Union (EU) while the EU intends to eliminate tariffs on all US…

  • Gas
  • August 21, 2025
US backs down on semiconductor tariffs with EU but cooperation increases

US tariffs on European pharmaceuticals and semiconductors will not exceed 15% under a new agreement with the European Union (EU) while the EU intends to eliminate tariffs on all US…

Aker BP Makes Large Oil Discovery at Multi-Field Project in Norway’s North Sea

Norwegian oil and gas operator Aker BP has made a significant oil discovery that could add substantial resources to the Yggdrasil development area in Norway’s North Sea, where an ongoing…