Top Oil Executives Reckon With Downturn Even as Trump Cheers Them On

The world’s energy industry leaders meet in Houston next week as plummeting oil prices push Big Oil to slash thousands of jobs even as a pro-fossil fuel U.S. administration encourages…

US Drillers Cut Oil and Gas Rigs for First Time in Six Weeks – Baker Hughes

(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks, energy services firm Baker Hughes said…

US Mulls How to Ease Russia Energy Sanctions Quickly if War Ends, Sources Say

(Reuters) – The U.S. government is studying ways it could ease sanctions on Russia’s energy sector as part of a broad plan to enable Washington to deliver swift relief if…

Oil Up, But Off Highs as Trump Warns New Russia Sanctions Possible

Summary • Brent and WTI fall more than 3% over the week• Trade war risks and OPEC+ supply increase weigh on market HOUSTON, March 7 (Reuters) – Oil prices gained…

Trump’s Interior and Energy Secretaries Cheer on Natural Gas Export Industry in Gulf Coast

PORT SULPHUR, La. (AP) — The planned expansion of a massive liquefied natural gas facility in southeast Louisiana is a beacon for a U.S. energy policy that doubles down on…

US Crafting Plan to Stem Coal-Plant Closures, Energy Chief Says

By The Trump administration is working on a “market-based” plan to stem the closure of US coal-fired power plants as it seeks to supply more electricity before an expected boom…

Tesla Erases US$700 Billion ‘Trump Bump’ as Sales Slide

A slide in Tesla Inc. on Friday is capping off a round trip of epic proportions in the company’s shares. Expectations that the electric-vehicle maker would benefit from chief executive…

Russia Attacks Ukraine’s Energy and Gas Infrastructure

Russia Attacks Ukraine’s Energy and Gas Infrastructure | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Mar 07, 2025, 8:20 AM CST Russia attacked energy and gas infrastructure in Ukraine…

Brazil Plans to Use $3.5-Billion Oil Fund to Bolster Economy

Brazil Plans to Use $3.5-Billion Oil Fund to Bolster Economy | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Mar 07, 2025, 5:00 AM CST Brazil looks to boost its…

Indonesia’s Gas Demand Rising as LNG Starts to Replace Diesel for Power

ByTsvetana Paraskova– Mar 07, 2025, 6:15 AM CST Indonesia has started replacing diesel as a fuel in dozens of power plants with LNG, which is set to boost demand for…