US Judge to Decide on Starting Bid in Citgo Parent Auction Following Hearing
By Judge Stark inclined to accept court officer’s recommendation Starting with low bid would make it difficult to approach $7 bln-$8 bln value for Citgo Contrarian’s pact with bondholders could…
BlackRock Can Keep Big US Utility Stakes, Regulator Rules
By April 17 (Reuters) – U.S. energy regulators gave BlackRock (BLK.N) renewed permission to own major stakes in public utility companies on Thursday, a win for the world’s top asset…
US Drillers Add Oil and Gas Rigs for First Time in Four Weeks, Baker Hughes Says
By April 17 (Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes (BKR.O), opens…
Trump Order to Halt NY Wind Project Stuns Offshore Industry, Threatens Other Projects
By April 17 (Reuters) – The Trump administration’s decision to halt construction of Equinor’s (EQNR.OL) Empire Wind 1 farm off the coast of New York late on Wednesday sent shockwaves…
Peabody Signs Long-Term Coal Deal with Missouri Cooperative AECI
Peabody Energy, one of the largest producers of thermal coal in the U.S., has signed a major supply agreement with electric cooperative Associated Electric Cooperative Inc. (AECI), committing to deliver…
Trade Turmoil’s Oil Market Bite is Already Leaving Lasting Scars: Bousso
*IEA lowers US oil production forecasts for 2025 *Companies will likely delay new large project approvals By Ron Bousso LONDON, April 17 – Nimble U.S. oil producers are responding quickly…
California Sues to Stop Trump From Imposing Sweeping Tariffs
By Sophie Austin SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom sued the Trump administration on Wednesday, challenging the president’s authority to impose sweeping tariffs that have set off a…
Sanctioned Russian Oil Exports to China Jump as STS Transfers Rise
Sanctioned Russian Oil Exports to China Jump as STS Transfers Rise | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Apr 17, 2025, 6:30 AM CDT Chinese imports of Arctic…
U.S. Refining Giant Valero to Shut California Refinery
U.S. Refining Giant Valero to Shut California Refinery | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Apr 17, 2025, 7:30 AM CDT Valero Energy plans to idle, restructure, or…
Czech Republic Ends 60-Year Dependence on Russian Oil
ByTsvetana Paraskova– Apr 17, 2025, 8:30 AM CDT The Czech Republic has ended its 60-year-long dependence on Russian oil supply after capacity upgrades on a pipeline from the west. For…