Shell and INEOS Strike Gulf of Mexico Exploration Deal
Trump Says Iran “Should Wave the White Flag of Surrender”
Exxon Using AI for Faster Analysis of Guyana’s Oil Fields, VP of Exploration Says
Iraq Offers Huge Discounts for Crude Shipments via Hormuz
Duke Energy Tops Profit, Revenue Estimates on Rate Recovery, Weather Boost
Marathon Petroleum Profit Beats Estimates as Iran War Drives Refining Margins
Trump Broke OPEC. He May Regret It: Bousso
Middle East Truce in Doubt as US and Iran Fight for Control of Strait of Hormuz
Goldman Sachs: Global Oil Inventories Fall to 8-Year Low
Norway’s $2.2T Fund Accused of Backing Big Oil
PJM’s First Reformed Queue Cycle Draws 811 Projects, 220 GW
PJM Interconnection’s first interconnection “cycle” under its revamped, clustered review process has attracted 811 new generation projects representing roughly 220 GW of nameplate capacity. The effort now moves to a…
JP Morgan: UAE Could Attract More U.S. Investment After OPEC Exit
The United Arab Emirates (UAE) could attract more U.S. investment after the exit from OPEC as the country would be able to produce more oil once the current Strait of…
Strait of Hormuz Fears Send California Gas Past $6 a Gallon
California’s average gasoline price surged to above $6 per gallon on Thursday, the first U.S. state to top this threshold since the Iran war rattled markets. The U.S. benchmark crude…
ENEOS Takes 10% Stake in Malaysia LNG Tiga in New Deal With Petronas
One of Japan’s biggest energy firms, ENEOS, is re-entering the joint venture operating the Malaysia LNG Tiga project with a 10% stake under a deal it has signed with Malaysia’s…
Valero Energy Beats Profit Estimates on Strong Refining Performance
April 30 (Reuters) – U.S. refiner Valero Energy (VLO.N) surpassed Wall Street expectations for first-quarter adjusted profit on Thursday, helped by strength in its refining segment, margins and throughput volumes.…
Iran Threatens Painful Response if US Resumes Attacks, Oil Prices Seesaw
By and Iran vows painful response to any new US attack Trump to be briefed on options by US military US puts pressure on allies to help open Strait of…
ConocoPhillips Cuts Annual Production Targets as Iran War Disrupts Operations
By April 30 (Reuters) – Oil and gas producer ConocoPhillips (COP.N) on Thursday forecast a lower annual output and excluded Qatar from its near-term outlook, citing disruption to its operations…
US Has More Natural Gas Than It Can Use as War Chokes Global Supply
By , , , and A gas flare near Mentone, Texas. Photographer: Bronte Wittpenn/Bloomberg Get the Latest US Focused Energy News Delivered to You! It’s FREE: As the Iran war…
Why $100 Oil is No Longer Spooking Equity Markets: Stephen Jen
(Reuters) – Why have global equity markets been so resilient to the Iran oil shock? Because $100 a barrel oil doesn’t mean what it used to. Brent crude has risen…
US Naval Blockade Squeezes Iran’s Oil Exports, Forces Crude Onto Floating Storage
(Reuters) – A U.S. naval blockade of Iranian ports has shrunk Tehran’s oil exports, stranding a growing stockpile of crude on tankers as Iranian storage sites run out of space,…
