COMMENTARY: Old-Economy Demands May Stall Emerging Market Decarbonization – Maguire

By Gavin Maguire LITTLETON, Colorado, Jan 30 (Reuters) – While North America and Europe scramble to build the data centers needed to run 21st-century businesses, many emerging markets remain anchored…

Half of Americans at High Risk of Power Shortfalls Amid AI Boom

By and As many as 151 million Americans are at high risk of power shortfalls — or outright blackouts — over the next five years because of extreme weather, natural…

European Natural Gas Prices Surge as Winter Cold and Geopolitics Collide

Europe’s benchmark natural gas prices were headed on Friday for their largest monthly gain since 2023 as cold snaps in January boosted heating and power demand and fast-draining storage sites…

Trump to Impose Tariffs on Goods From Nations Giving Oil to Cuba, White House Says

U.S. President Donald Trump on Thursday signed an executive order declaring a national emergency and establishing a process to impose tariffs on goods from countries that sell or otherwise provide…

LyondellBasell Targets $1.3 Billion in Cost Savings After Surprise Quarterly Loss

(Reuters) – Petrochemicals maker LyondellBasell  on Friday posted a surprise loss for the fourth quarter and said it aims to save $1.3 billion by the end of 2026, as it…

Exxon Beats Wall Street Q4 Target as Permian, Guyana Fields Take Output to 40-Year High

Summary Exxon Mobil reports Q4 adjusted EPS $1.71 vs estimate of $1.68 Exxon achieves highest annual upstream production in 40+ years Exxon plans $20 billion share buyback through 2026 HOUSTON,…

Freeport LNG in Texas to Take in More Gas After Thursday Shutdown, LSEG Data Shows

Summary Freeport LNG shutdown impacts global gas prices US gas futures rise, European prices fall on Freeport news Freeport’s Train 3 shut due to compressor issue No comment from Freeport…

Chevron Beats Q4 Profit Estimate, Eyes Venezuela Investment Opportunities

Summary Chevron evaluates investment opportunities in Venezuela amid geopolitical changes Q4 profits exceed estimates despite lower crude prices, focus on cost-cutting Tengiz maintenance and weather impact Q1 production, expected to…