US Drillers Cut Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says
Services Firms Feel the Squeeze as Oil Rally From Iran War Fails to Spur Drilling
Oil, Gas Exploration is Back: Energy Giants Hunt to Replenish Reserves
Spiking US Diesel Prices Keep Trucking Industry Stuck in Years-Long Slump
Russia’s Baltic Ports Burning Again as Ukraine Drone Campaign Enters Third Day
Asia Begins Pricing U.S. Oil Against Brent as Dubai Volatility Spikes
Execs Predict What Price WTI Oil Will Hit in Future
Cuba Looks to Vatican for Help to Ease US Oil Embargo, Washington Post Reports
Meta Funds Seven Gas Plants to Power Biggest Data Center
Bessent Says Hormuz Ships Insurance Program to Start Soon
Venture Global’s CP2 LNG Plant Costs Increase by $4 Billion
(Reuters) – The anticipated construction cost for two phases of Venture Global’s CP2 LNG liquified natural gas project has jumped by $4 billion, or just under 14%, the company said…
Venezuela Resumes Exports of Diluted Crude Oil After 15-Month Pause -Document
(Reuters) – Venezuela this month resumed exports of a key crude grade that had not been shipped since late 2024, diluted crude oil (DCO), with U.S. Chevron sending a 500,000-barrel…
Barclays Says Brent Could Test $120/bbl if Middle East Tensions Persist
(Reuters) – Barclays said on Friday that Brent crude could potentially test $120 a barrel if the Middle East conflict persists for another couple of weeks. “These numbers might seem…
US Could Lift Sanctions on More Russian Oil, Says Bessent
(Reuters) – Treasury Secretary Scott Bessent on Friday said the United States could remove sanctions from more Russian oil, a day after Washington issued a 30-day waiver allowing the sale…
US Drillers Add Oil, Gas Rigs for First Time in Four Weeks, Baker Hughes Says
(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 said in its closely followed…
Coal-to-Gas Conversions Approved for Two Arizona Power Plants
Energy regulators in Arizona have given the go-ahead to convert several units at two coal-fired power plants in the state to burn natural gas. The Arizona Corporation Commission (ACC), which…
Americans’ Relationship With Gas Prices Is Complicated
By Oil prices are up 15% since the US and Israel began attacking Iran last weekend, and gasoline prices have been following not too far behind. In a big-picture economic…
Oil Prices Hit $90 as Middle East Tensions Escalate
Oil prices surged again on Friday, putting crude on track for its biggest weekly gain in years as disruptions to Middle East supply and tanker traffic through the Strait of…
Europe’s Gas Price Set for Largest Weekly Gain in Three Years
Europe’s benchmark natural gas prices were on track early on Friday for a 50% weekly jump—the biggest one-week surge since the energy crisis in the summer of 2023, as the…
