North Dakota Oil Output Fully Restored, Nationwide Outages Dropping

(Reuters) – All of North Dakota’s crude production was back online on Friday, state regulators said, after recovering from an arctic blast from a winter storm that has disrupted production…

US Drillers Add Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says

(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since December, energy services firm Baker…

Exxon Beats Expectations as Record Production Offsets Lower Oil Prices

Despite lower oil prices, ExxonMobil (NYSE: XOM) booked higher-than-expected earnings for the fourth quarter as quarterly production in the Permian basin and offshore Guyana set new records. Exxon reported on…

COMMENTARY: Oil Needs an Iran Supply Shock, Not Tough Talk, to Break Out of Range – Bousso

By LONDON, Jan 30 (Reuters) – Oil prices remain stuck in a narrow band even after soaring 15% in January, partly on fears of a fresh U.S. strike on Iran.…

COMMENTARY: Old-Economy Demands May Stall Emerging Market Decarbonization – Maguire

By Gavin Maguire LITTLETON, Colorado, Jan 30 (Reuters) – While North America and Europe scramble to build the data centers needed to run 21st-century businesses, many emerging markets remain anchored…

Half of Americans at High Risk of Power Shortfalls Amid AI Boom

By and As many as 151 million Americans are at high risk of power shortfalls — or outright blackouts — over the next five years because of extreme weather, natural…

European Natural Gas Prices Surge as Winter Cold and Geopolitics Collide

Europe’s benchmark natural gas prices were headed on Friday for their largest monthly gain since 2023 as cold snaps in January boosted heating and power demand and fast-draining storage sites…

Trump to Impose Tariffs on Goods From Nations Giving Oil to Cuba, White House Says

U.S. President Donald Trump on Thursday signed an executive order declaring a national emergency and establishing a process to impose tariffs on goods from countries that sell or otherwise provide…