(Reuters) – Oil and gas drillers failed to show up at the Trump administration’s sale of more than 1 million acres (404,686 hectares) in Alaska’s Cook Inlet on Wednesday, declining to submit even a single bid. The sale was the first of six Alaska offshore oil and gas auctions mandated through 2032 by U.S. President …
Oil Companies Shun Trump Administration’s Alaska Offshore Auction Read More »
(Reuters) – Russian President Vladimir Putin suggested on Wednesday that Russia could stop supplying gas to European markets now and move to more promising markets. The European Commission will submit a legal proposal to permanently ban Russian oil imports on April 15, three days after Hungary’s parliamentary election, according to EU officials and a document …
Putin Suggests Russia Could Stop Supplying Gas to European Markets Now Read More »
(Reuters) – Qatar will fully shut down gas liquefaction on Wednesday and won’t be able to return to normal production and export levels of super-chilled gas for at least a month, two sources familiar with the matter said. Qatar Energy, which stopped producing gas this week and declared force majeure on exports on Wednesday, did …
Qatar Shuts Gas Liquefaction, Will Take Weeks to Restart, Sources Say Read More »
(Reuters) – U.S. crude stocks rose to their highest level since May 2025 last week, the Energy Information Administration said on Wednesday, as exports and imports declined. Crude inventories rose by 3.5 million barrels to 439.3 million barrels in the week ended February 27, the EIA said, compared with analysts’ expectations in a Reuters poll …
US Crude Stocks Climb to Near 1-Year High as Exports and Imports Fall, EIA Says Read More »
(Reuters) – QatarEnergy has declared force majeure on shipments of liquefied natural gas, it said in a statement on Wednesday, after attacks on its production facilities amid the U.S.-Israeli war on Iran. The state-owned company said on Monday it was halting production of LNG and associated products due to attacks on facilities in the Ras …
Gas Giant QatarEnergy Throttles LNG Supply by Declaring Force Majeure Read More »
(Reuters) – U.S. Treasury Secretary Scott Bessent said on Wednesday that crude oil markets are well supplied amid the U.S.-Israeli war in Iran, and that the U.S. plans to make a series of additional announcements on the issue. “The crude markets are very well supplied. There are hundreds of millions of barrels on the water …
US Treasury Secretary Bessent Says Oil Market Well Supplied Amid Iran War Read More »
(Reuters) – Oil prices are expected to remain elevated in the near term as traders weigh the risk of supply disruptions through the Strait of Hormuz, a chokepoint for more than 20% of global oil supply, amid the widening Middle East conflict. Israeli and U.S. strikes on Iranian targets have led to attacks across the …
Oil Seen Elevated as Hormuz Risks Intensify Amid Iran Conflict, Analysts Say Read More »
By Ron Bousso U.S. President Donald Trump’s current plan to revive shipping through the Strait of Hormuz via financial guarantees and security assistance will require a Herculean international effort. Even if successful, it will likely offer only limited relief as time quickly runs out to avert the worst global economic fallout from the closure of …
(Reuters) – Operatives from Iran’s Ministry of Intelligence signalled openness to the U.S. Central Intelligence Agency (CIA) to talks on ending the war, the New York Times reported on Wednesday, citing officials briefed on the matter. The offer was made through an unnamed country’s spy agency, the NYT said, citing Middle Eastern officials and officials …
Combination will bring intelligence and automation from CapEx strategy to engineering execution AUSTIN, Texas (Mar. 4, 2026) — Enverus, the leading energy data analytics platform, announced today that it has entered into a definitive agreement to acquire Spatial Business Systems (SBS), an AI-enabled intelligent design automation platform for electric and gas utilities, telecommunications providers, and engineering teams. To …
Enverus to Acquire SBS to Power AI-Driven Utility Planning and Engineering Read More »
