By Weilun Soon, Serene Cheong, and Nicholas Lua Iran’s main oil export terminal at Kharg Island in the Persian Gulf. Photographer: Fatemeh Bahrami/Getty Images/Anadolu Rising tensions between the US and Iran have already driven oil prices to a six-month high. Oil traders are watching for any escalation that could disrupt crude production in Iran or …
What’s at Stake for Oil If Iran-US Tensions Escalate Read More »
By Emma Sanchez A Tenaris frack set in the Vaca Muerta formation in Argentina, one of the world’s largest shale gas reservoirs. Source: Tenaris US fracking companies are increasingly sending their idle equipment overseas, finding new markets abroad as growth slows in the shale fields of Texas, New Mexico and elsewhere. Over the past two …
Slowing US Shale Growth Has Fracking Companies Finding New Markets Abroad Read More »
(Reuters) – The U.S. Energy Department has offered a $26.54 billion loan to subsidiaries of Southern Co to increase grid reliability, the largest ever such financing by its loan office, the department said on Wednesday. The loans will save power customers in Georgia and Alabama more than $7 billion, the department said, without detailing how. …
US Offers Largest Ever Energy Loan With $26.5 Billion to Southern Co Read More »
(Reuters) – Several countries have begun withdrawing dependents of diplomatic personnel and non-essential staff from some locations in the Middle East, or advising citizens to defer travel to Iran, amid rising tensions between Washington and Tehran. Here are some of the moves: AUSTRALIA: The government has told dependents of Australian diplomats in Israel and Lebanon …
Countries Issuing Middle East Travel Advisories as Iran Tensions Rise Read More »
(Reuters) – OPEC+ is likely to consider raising its oil output by 137,000 barrels per day for April, three sources with knowledge of OPEC+ thinking said as the group prepares for peak summer demand and a price boost from tensions between the U.S. and OPEC member Iran. The resumption of output increases after a three-month …
OPEC+ to Consider 137,000 bpd Oil Output Increase for April, Sources Say Read More »
(Reuters) – U.S. crude oil imports from Venezuela rose to their highest since January 2025, the U.S. Energy Information Administration’s (EIA) said on Wednesday. Imports from Venezuela rose by 290,000 barrels per day (bpd) to 339,000 bpd in the week ended February 20, according to data from the EIA’s Petroleum Supply Report. Reporting by Nicole …
US Crude Oil Imports From Venezuela Rose to One-Year High Last Week, EIA Says Read More »
(Reuters) – HOUSTON, Feb 25 – U.S. crude and distillate inventories rose while gasoline stocks fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 16 million barrels to 435.8 million barrels in the week ended February 20, the EIA said, compared with analysts’ expectations in a Reuters poll for a …
US Crude, Distillate Inventories Rise, Gasoline Stocks Fall, EIA Read More »
(Reuters) – Saudi Arabia is increasing its oil production and exports as part of a contingency plan in case any U.S. strike on Iran disrupts supplies from the Middle East, two sources familiar with the plan said on Wednesday. The Saudi government media office did not immediately respond to a request for comment on the …
Saudi Arabia Boosts Oil Output, Exports for US Attack on Iran Contingency, Sources Say Read More »
(Reuters) – Democrats on the Senate Banking Committee on Tuesday blasted President Donald Trump for failing to ramp up sanctions to pressure Russia to end its four-year war in Ukraine, noting the European Union had designated nearly 900 targets in 2025 compared to just two for the U.S. In an analysis released on the fourth …
Senate Democrats Blast Trump for Failing to Use Sanctions to Pressure Russia Read More »
CALGARY, Alberta (Feb. 25, 2026) Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the most trusted energy‑dedicated SaaS company that leverages generative AI across its solutions, released a new analysis examining how recently approved fast-track interconnection processes are reshaping U.S. power market reliability across the PJM, Midcontinent Independent System Operator (MISO) and Southwest Power Pool (SPP) …
Fast‑Track Interconnection Could Lift U.S. Power Market Reserve Margins to 24% by 2030 Read More »
