Exxon Mobil CEO Says Hydrocarbons Will Remain Critical for Long Time

(Reuters) – Hydrocarbons will continue to play a critical role for a long time to come, the CEO of U.S. energy company Exxon Mobil said on Friday, adding that the…

US Set to Produce Record Amounts of Natural Gas to Meet Surging Export Demand

(Reuters) – U.S. energy firms produced a record amount of natural gas during the third quarter as producers scrambled to keep up with soaring domestic and export demand for the…

Trump Finalizes US Gulf Oil Lease Sale, Proposes Alaska Sale in 2026

The sales align with Trump’s policy of maximizing oil, gas and coal output while slashing regulations on fossil fuels and subsidies for green energy. Get the Latest US Focused Energy…

US Drillers Add Oil and Gas Rigs for Third Time in Four Weeks, Says Baker Hughes

By Rig count still 6% below last year, despite recent increase Gas rigs reach highest level since August 2023 EIA projects rise in crude and gas output in 2025 NEW…

Crude Off Session Highs; Canceled US Flights Rein in Jet Fuel

By US crude stocks rose more than expected last week Private reports suggest US labor market weakened in October Gunvor withdraws proposal to buy Lukoil’s overseas assets HOUSTON, Nov 7…

Renewable Energy Boom Drives Up India’s Power Transmission Costs

India’s renewable energy boom is leading to soaring transmission costs as the country’s transmission network is being built on estimates of potential renewable power generation not on actual capacity or…

U.S. Sanctions on Russia Lead to Puzzling Oil Cargo Transfer Off India

Traders and crude market analysts are baffled by a ship-to-ship (STS) transfer of a Rosneft crude cargo offshore India without any attempt to conceal the origin of the oil, as…

Renewable Energy Boom Drives Up India’s Power Transmission Costs

India’s renewable energy boom is leading to soaring transmission costs as the country’s transmission network is being built on estimates of potential renewable power generation not on actual capacity or…

Enbridge Reports Q3 Profit and Revenue Down From Year Ago

Enbridge  missed third-quarter profit estimates on Friday, pressured by higher financing costs from capital investments including U.S. gas utility acquisitions, sending its shares down nearly 2% in premarket trading. Get the…

What Happens at COP Climate Summits? Will This One Make a Difference?

By and Leaders at COP30 family photo in Belem, Brazil, on Nov. 7. Photographer: Fernando Llano/AP Photos Get the Latest US Focused Energy News Delivered to You! It’s FREE: For…