The $3 Trillion AI Data Center Build-Out Becomes All-Consuming For Debt Markets

Artificial intelligence already has a big footprint in stocks. Now lending for data centers is becoming a factor in bonds and credit. By More than $3 trillion. That’s the ­staggering…

Trump Cuts India Tariffs in Deal He Links to Russian Oil

By and President Donald Trump said he will slash tariffs on India to 18% after Prime Minister Narendra Modi agreed to stop buying Russian oil, easing tensions between the two…

US Dropping 25% Separate Tariff on Indian Imports After Pledge to Cut Russian Oil, White House Says

(Reuters) – The Trump administration is dropping a 25% additional tariffs imposed on Indian imports over its purchases of Russian oil, in addition to lowering a country-specific tariff to 18%…

Winter Freeze Cut US LNG Output in January; Imports From Trinidad Helped Fill Gap

(Reuters) – Exports of liquefied natural gas from the U.S. fell in January to 11.3 million metric tonnes – down from December’s record of 11.5 MT – as a winter…

A $47 bln Deal Heralds US Oil Boom’s Middle Age

By Robert Cyran NEW YORK, Feb 2 (Reuters Breakingviews) – The United States’ transformation into the world’s biggest oil producer has been dramatic. It is also mostly over. Thanks to…

US Crude Oil Production Nears Full Recovery After Storm Hit Output

(Reuters) – Crude oil producers in the United States continued bringing oil wells back online on Monday, with only around 0.7% of national output still halted in the aftermath of…

Devon and Coterra to Create Shale Giant in $58-Billion Merger Deal

Devon Energy and Coterra Energy announced on Monday a definitive agreement to merge and create a premier shale operator in an all-stock transaction, implying a combined enterprise value of about…

Equinor Exits Vaca Muerta With $1.1 Billion Sale to Vista Energy

Equinor will sell all its assets in Argentina’s Vaca Muerta basin to Vista Energy in a cash and stock deal worth $1.1 billion, the Norwegian energy major said on Monday…

Shell Sees LNG Sector Growing by 3% Per Year

The global LNG market is expanding by 3% every year, growing at a faster pace than the overall natural gas market, Wael Sawan, chief executive officer of the world’s top…

Equinor Exits Argentina’s Vaca Muerta Shale Play

Equinor will sell all its assets in Argentina’s Vaca Muerta basin to Vista Energy in a cash and stock deal worth $1.1 billion, the Norwegian energy major said on Monday…