Some 60 Ships Passed Through Strait of Hormuz on Wednesday, US Official Says

CDN and International News, Conventional Energy, Latest, LNG, Oil / By

(Reuters) – Some 60 commercial vessels transited the Strait of Hormuz on Wednesday carrying the highest daily volume of crude oil since early July, despite the ongoing war between the US and Iran, a US official told Reuters, speaking on condition of anonymity. About 40 of those vessels coordinated with the US military for protection, …

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US Energy Secretary Seeks Refiners’ Help Amid Narrow Options to Curb Diesel Price

Diesel Fuel, Energy Topics & Technology, Latest, US News / By

(Reuters) – US Energy Secretary Chris Wright has contacted executives at several major American refiners in recent days to gauge support for a voluntary restriction on diesel exports as the Trump administration searches for an alternative to a short-term ban, according to three people familiar with the discussions. The effort to enlist companies voluntarily underscores …

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BP Eyes Devon Energy Asset Amid Renewed US M&A Ambitions, Sources Say

Energy Topics & Technology, Exploration & Production, Latest, Mergers and Acquisitions, US News / By

(Reuters) – BP is weighing a potential acquisition of Devon Energy’s operations in South Texas as part of renewed efforts by the British supermajor to grow its shale asset base in the United States, people familiar with the matter said. After years of prioritizing investments in renewable energy and leadership churn that included five chief …

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Kimmeridge Publishes New White Paper On Diverging Outlook for U.S. Oil and Natural Gas

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“Shale’s Golden Years, Part II: The Cost of Aging” finds U.S. oil reserve replacement continuing to weaken despite significant efficiency gains, while natural gas resources remain abundant NEW YORK, Sept. 24, 2026 /PRNewswire/ — Kimmeridge, an alternative asset manager focused on the energy sector, today published “Shale’s Golden Years, Part II: The Cost of Aging,” …

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US and Iran Discuss Phased Deal to Reopen Hormuz and End US Blockade, Sources Say

Conventional Energy, Latest, LNG, Oil, US News / By

(Reuters) – US and Iranian negotiators in New York are exploring a phased path out of war that would involve Tehran reopening the Strait of Hormuz and Washington lifting its economic blockade of Iran, sources close to the talks said. The strait has become the central bargaining chip in efforts to end the nearly seven-month …

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Saudi Arabia Thwarts Houthi Ballistic Missiles, Yemen’s Saudi-Led Coalition Says

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(Reuters) – Saudi Arabia intercepted six ballistic missiles fired by Yemen’s Iran-backed Houthis on Thursday, thwarting attacks on the southern province of Taif and Yanbu area on the Red Sea, the Saudi-led coalition in Yemen said. It was not clear whether there was any damage or casualties in either Taif and Yanbu, the main alternative …

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OECD Expects AI Boom to Help Offset Middle East Energy Shock for Now

Artificial Intelligence, CDN and International News, Energy Topics & Technology, Latest / By

By Leigh Thomas Global growth seen at 2.9% in 2026 (vs 2.8% in June), 3.0% in 2027 (vs 3.1%) G20 inflation forecast at 4.1% in 2026, revised up sharply to 3.6% in 2027 Risks from El Niño, bonds to AI earnings could cut global growth by 0.7 points PARIS, Sept 23 (Reuters) – AI-led investment …

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Trump Rolled Back Regulations for Oil Company Campaign Donors, Democrats Say

Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Natural Gas, Oil, US News / By

By Richard Cowan and Timothy Gardner Senate Democrats’ report tracks hundreds of millions of dollars in campaign spending after Trump’s $1 billion ask Report covers 19 EPA investigations, 13 into nine other agencies and 13 probes into 88 polluters White House rejects ​report as Democrats waste billions backing green energy industry WASHINGTON, Sept 24 (Reuters) …

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EOG Resources Announces Ann Janssen’s Retirement and Jeff Hibbard as Next CFO

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HOUSTON, Sept. 24, 2026 /PRNewswire/ — EOG Resources, Inc. (EOG) today announced that Ann D. Janssen has elected to retire from EOG. The Board of Directors has appointed Jeffrey W. “Jeff” Hibbard to succeed Janssen as Executive Vice President and Chief Financial Officer, effective January 1, 2027. Janssen will continue serving as an advisor to …

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FRUSTRATION MOUNTS: On Wall Street, Frustration Is Mounting That AI Will Hijack the Climate Debate

Artificial Intelligence, Electricity Grid, Energy Topics & Technology, Finance, Latest, US News / By

By Alastair Marsh Of all the ways in which artificial intelligence might destroy humanity, its carbon footprint is far down the list for some of Wall Street’s most prominent climate experts. Aniket Shah, the Jefferies executive who heads the bank’s strategy on sustainability and the energy transition, says he’s asking the global finance industry not …

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