US Crude Stockpiles Fall as Exports Rise; Fuel Demand Drops, EIA Says

By Stephanie Kelly Crude inventories drop by 3.9 mln bbls, surpassing forecast Brent and US crude futures extend losses after EIA report Crude exports rise to 3.5 mln bpd, EIA…

Microsoft, US National Lab Tap AI to Speed Up Nuclear Power Permitting Process

By SAN FRANCISCO, July 16 (Reuters) – Microsoft and a U.S. national laboratory on Wednesday said they are partnering to examine how artificial intelligence could be used to speed up…

Solar and Wind Groups Seek California Aid After Trump Subsidy Cuts

July 16 (Reuters) – Clean energy companies are asking California leaders for help getting their projects going before changes to federal subsidies in President Donald Trump’s sweeping new tax and…

Oilfield Run by US Firm Hit in Drone Attack in Iraqi Kurdistan, Sources Say

BAGHDAD, July 16 (Reuters) – A drone attack struck an oilfield operated by U.S. company Hunt Oil in the Iraqi Kurdish city of Dohuk on Wednesday, security sources said. It…

Oil Settles Down; Build in US Fuel Inventories Offsets Signs Demand Growing

By US crude stockpiles fall, gasoline and distillates build US gasoline demand eases during peak driving season OPEC bullish on oil demand outlook HOUSTON, July 16 (Reuters) – Oil prices…

Biggest U.S. Grid Operator Issues Alert for July 16

PJM Interconnection, the operator of the largest U.S. electric grid covering 13 mid-Atlantic and Midwest states, has issued a maximum generation alert and load management alert for July 16 due…

How Canada’s Oil Sands Transformed Into One of North America’s Lowest-Cost Plays

(July 16 – Reuters) – Giant shovels, driverless trucks and a dog-like robot have all helped Canada’s oil sands companies including Imperial Oil and Suncor become some of North America’s…

Several Oilfields in Kurdistan Halt Production After Drone Attacks

Several oilfields operated by foreign companies in Iraq’s semi-autonomous region of Kurdistan have halted production in the past few hours following attacks with explosive-laden drones on infrastructure at the fields.…

Slovakia Holds EU Sanctions Hostage Over Russian Gas Exemption

Slovakia would drop its veto on the EU’s new sanctions against Russia if it receives an exemption to continue importing Russian pipeline gas for nearly another decade, Slovakia’s Prime Minister…

UK Revives Electric Car Grant but With Strict Limits

The UK government has reintroduced grants for electric vehicles (EVs) in a bid to boost lagging consumer demand, but industry insiders warn that most buyers may be left behind. Unveiled…