Inner dome hoisted into place at Lufeng 6

Tuesday, 15 July 2025 The inner containment dome has been installed at unit 6 of the Lufeng nuclear power plant in China’s Guangdong province. It is the first of two…

Goldman Sachs Raises Brent Second-Half 2025 Price Forecast by $5 to $66 a Barrel

(Reuters) – Goldman Sachs on Monday raised its Brent oil price forecast for the second half of 2025 by $5 to $66 per barrel due to supply disruption risks, lower…

Venture Global Begins Producing LNG From Phase 2 of Plaquemines Plant, Sources Say

(Reuters) – Venture Global has started producing liquefied natural gas from Phase 2 of its Plaquemines export facility in Louisiana, according to two people familiar with its operations as well…

In Reversal, Trump Arms Ukraine and Threatens Sanctions on Countries that Buy Russian Oil

By , and Trump threatens secondary sanctions on Russia in 50 days Says up to 17 Patriot batteries could be available ‘very soon’ Russian markets rise, suggesting relief over delay…

Oil Falls as Trump Gives Russia 50 Days to Avoid New Sanctions

By US threatens to hit buyers of Russian exports with sanctions China’s crude imports at highest level since August 2023 EU set to lower Russian oil price cap, sources say…

Trump to Unveil $70 Billion in AI and Energy Investments

PITTSBURGH, July 14 (Reuters) – U.S. President Donald Trump will announce $70 billion in artificial-intelligence and energy investments on Tuesday, according to a White House official and a person familiar…

Indonesia Ties Purchase of More U.S. Oil to Reduced Tariffs

Indonesia will buy billions of U.S. dollars worth of American oil and oil products if the U.S. tariffs on Indonesian goods are lowered, Indonesia’s Energy Minister Bahlil Lahadalia said on…

Occidental Flags Lower Production and Oil Price Hit to Q2 Earnings

Occidental Petroleum Corporation expects its oil and gas production in the Gulf of Mexico for the second to have been lower than previously guided due to curtailments, while lower oil…

Occidental Petroleum Says Gulf of Mexico Output Hit by Curtailments in Q2

July 14 (Reuters) – U.S. shale producer Occidental Petroleum (OXY.N) said on Monday its Gulf of Mexico production in the second quarter was curtailed due to third-party constraints, extended maintenance,…

The Art of Hogging Headlines, Using Tariffs

(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It looks increasingly clear that for President Trump, tariffs are mainly a convenient means…