DOE Unveils $1.9 Billion Electric Grid Upgrade Push
Iran Warns Gulf Energy Assets Could Burn if Its Oil Facilities Are Targeted
UAE Cuts Crude Shipments to Partners
Trump Weighs Rare Jones Act Waiver as War Drives Fuel Prices Higher
Oil Settles Up 9% as Iran Vows to Keep Strait of Hormuz Closed
Oil Unlikely to Hit $200 a Barrel, US Energy Chief Says
How Have US Presidents Tapped Strategic Petroleum Reserves During War?
Iran War is One ‘TACO’ Too Far: McGeever
US Natgas Prices at Waha Hub in Texas Remain Negative for Record 25th Day
US Navy Could Escort Vessels in Strait of Hormuz With International Coalition, Bessent Says
IEA Insights: Lowering Financing Costs to Scale Clean Energy in Kenya and Senegal
Financing costs represent a critical barrier to scaling up clean power projects Africa’s power demand is rising rapidly, with renewables expected to account for 80% of new capacity by 2030,…
US Drillers Add Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, energy services firm…
Trudeau Says Trump Talk of Absorbing Canada is ‘a Real Thing’, Says Source
(Reuters) – Prime Minister Justin Trudeau on Friday said U.S. President Donald Trump’s talk about absorbing Canada “is a real thing” and is linked to the country’s rich natural resources,…
Oil Prices Decline for 3rd Straight Week on Tariff Concerns
Summary • Prices supported by new US sanctions on Iran crude exports• Offset by fears that trade tensions will hit demand• Trump also repeating pledge to increase US oil production…
Zelenskiy Says ‘Let’s Do a Deal’, Offering Trump Mineral Partnership, Seeking Security
By Tom Balmforth and Olena Harmash ‘Let’s do a deal,’ says Zelenskiy to Trump, offering rare earths Summary • In interview, Ukraine’s Zelenskiy offers mineral partnership to US• Zelenskiy emphasizes…
India’s Fuel Demand Increased by 3.2% Year-Over-Year in January
ByCharles Kennedy– Feb 07, 2025, 9:30 AM CST Fuel demand in India, the world’s third-largest crude oil importer, increased by 3.2% in January from a year earlier, although consumption was…
Pipeline Upgrades Could Boost Trans Mountain’s Capacity by 300,000 Bpd
ByTsvetana Paraskova– Feb 07, 2025, 6:26 AM CST Canada’s Trans Mountain pipeline could boost its capacity by up to 300,000 barrels per day (bpd) with upgrade projects, but it is…
Pakistan Seeks Lower Prices for Its Long-Term Qatar LNG Deal
Pakistan Seeks Lower Prices for Its Long-Term Qatar LNG Deal | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Feb 07, 2025, 7:30 AM CST Pakistan will renegotiate its long-term…
Chinese Refiners Slash Run Rates as Sanctions Cripple Russian Crude Supply
Chinese Refiners Slash Run Rates as Sanctions Cripple Russian Crude Supply | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Feb 07, 2025, 8:30 AM CST China’s independent refiners have…
USEDC Plans to Deploy up to $1B Primarily in Permian, Sees Job Growth
In a statement sent to Rigzone this week, U.S. Energy Development Corporation (USEDC) announced “plans to deploy up to $1 billion during 2025, primarily in the Permian Basin”. USEDC said…
