Trump Welcomes United Arab Emirates Exit From OPEC
(Reuters) – U.S. President Donald Trump on Wednesday welcomed the United Arab Emirates’ move to pull out of OPEC and said he thinks the move could help lower oil prices.…
Trump Urges Iran to Sign a Deal After Report Suggests US May Extend Blockade
(Reuters) – U.S. President Donald Trump on Wednesday urged Iran to ‘get smart soon’ and sign a deal, following days of deadlock in efforts to end the conflict and a…
Ares to Acquire Rover Natgas Pipeline Stake from Blackstone
(Reuters) – Ares Management said it has acquired a stake in the Rover natural gas pipeline from a unit of fellow investment firm Blackstone for an undisclosed sum, as interest…
US Oil Stocks Plummet, Country Becomes Net Crude Exporter on Weekly Basis for First Time, EIA Says
By and Brent, WTI futures extend gains after report US crude exports hit record 6.44 million bpd, driving inventory drawdowns Gasoline and distillate stocks fall sharply ahead of US driving…
Biggest US Grid Operator to Begin Processing New Power Plant Projects
(Reuters) – The largest U.S. power grid operator – PJM Interconnection – said on Wednesday that it will begin processing new power plant applications this week after working through a…
U.S. Doubles Down on Hormuz Blockade to Choke Iran’s Oil Exports
The U.S. continues to seek to pile pressure on Iran with the naval blockade outside the Strait of Hormuz as the Trump Administration signals the blockade is yielding results and…
OPEC Will Survive UAE Exit, But Medium-Term Supply Threat Is Real
The OPEC and OPEC+ groups are not expected to falter following the abrupt, but not necessarily surprising, exit of one of the biggest producers, the United Arab Emirates (UAE), according…
EU Warns Energy Crisis From Iran War Could Last Years
The new energy crisis triggered by the Middle East conflict could hurt European consumers and industries for years, European Commission President Ursula von der Leyen said on Wednesday. “Our shared…
Air Products advances gas-chemicals and hydrogen talks in Kazakhstan
By 1 hour ago 2 min read Industrial gas company Air Products is exploring joint gas-to-chemicals and hydrogen projects in Kazakhstan following talks between its President of Europe and Africa,…
HyNet group vies for £500m government hydrogen pipeline funding
By 22 min ago 3 min read A 20-strong industry group has urged the UK government to back the HyNet cluster’s planned regional hydrogen network in the Northwest of England…


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