U.S. Energy Secretary to Visit Saudi Arabia, UAE next week, Officials Say

Conventional Energy, Latest, Oil, US News / By

May 10 (Reuters) – U.S. Energy Secretary Jennifer Granholm will visit Saudi Arabia and the United Arab Emirates next week to work on “climate co-operation” and other issues, two Biden administration officials told Reuters on Friday. The visit will run from Tuesday through Thursday, with Granholm visiting the UAE first, one of the officials said. …

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U.S. Mountain Valley Passes Test After Fixing Leak in WV-VA Natgas Pipe

Energy Topics & Technology, Latest, Pipelines, US News / By

U.S. natural gas pipeline venture Mountain Valley Pipeline said on Friday it repaired a segment of pipe that failed a water test earlier in the month and will continue to prepare the long-delayed West Virginia-Virginia pipe for service. The venture was on track to complete the $7.85 billion project by the end of May, U.S. …

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Oil Falls on Prospect of Higher-For-Longer U.S. Rates, Stronger Dollar

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Fed’s Logan says policy may not be tight enough Dollar rises after consumer sentiment data, yen weaker Speculators cut U.S. crude oil net longs, CFTC says US drillers cut oil rig count to lowest since Nov – Baker Hughes NEW YORK, May 10 (Reuters) – Oil prices fell by nearly $1 a barrel on …

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Biden Urged to Halt Oil Exports After Terminal Approved

Conventional Energy, Latest, Oil, US News / By

Climate activists taking a page from LNG export pause playbook Deepwater oil terminal approved in April, three others pending Climate activists who successfully pushed President Joe Biden to halt new US liquefied natural gas exports are setting their sights on proposed crude oil shipping facilities, after the administration approved a massive petroleum terminal last month. …

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