By Erik Wasson, Steven T. Dennis and Maeve Sheehey (BGOV) US Speaker of the House Mike Johnson presides over the vote for H.R. 1, the One, Big, Beautiful Bill Act in the House of Representatives at the US Capitol in Washington, DC, on July 3. Photographer: Chip Somodevilla/Getty Images President Donald Trump secured a sweeping shift in …
Trump Wins Broad Economic Policy Shift as House Passes Tax Bill Read More »
By Nicole Jao Pause on US tariffs set to end on July 9 OPEC+ expected to raise output by 411,000 bpd US crude inventories rise unexpectedly NEW YORK, July 3 (Reuters) – Oil prices fell slightly on Thursday as the possibility of U.S. tariffs being reinstated raised questions about demand ahead of an expected supply …
Oil Prices Ease on US Tariff Uncertainty Ahead of Expected OPEC+ Output Boost Read More »
By Salma El Wardany, Grant Smith, and Fiona MacDonald OPEC+ has begun discussing another 411,000 barrel-a-day production increase for August ahead of the group’s video-conference this weekend, according to delegates who asked not to be identified. Saudi Arabia and its partners have previously approved hikes of the same size for May, June and July as …
OPEC+ Discusses 411,000-Barrel Hike in August, Delegates Say Read More »
Anschutz Exploration is avoiding the noise of market uncertainty in the Rockies’ Powder River Basin, operating under CEO Joseph DeDominic’s strategy of working “like you’re going to own it for the life of the well.”
(Reuters) – U.S. liquefied natural gas (LNG) exporter Venture Global Inc announced on Thursday that Petronas has agreed to buy 1 million metric tons of LNG from its CP2 project, its first new CP2 customer in two years. A mere startup three years ago, Venture Global has quickly moved to become the U.S.’ second largest …
Venture Global Inks 20 Year LNG Deal with Petronas Read More »
(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a 10th week in a row for the first time since July 2020, energy services firm Baker Hughes said in its closely followed report on Thursday. The oil and gas rig count, an early indicator of future …
US Drillers Cut Oil and Gas Rigs for 10th Week in a Row, Baker Hughes Says Read More »
At a time when public trust in institutions is decaying, Energy Secretary Chris Wright isn’t trying to win news cycles or Twitter debates. He is trying to future-proof America’s energy grid and bring affordable power to those who need it most—at home and across the globe.
An Exxon Mobil-led oil consortium has returned 2,534 square kilometers of the Stabroek Block in Guyana back to the government.
A stronger-than-expected U.S. natural gas storage injection caused a bearish reaction at the Henry Hub.
Riley Exploration Permian Inc. said on July 2 it closed on its $142 million deal to buy EnCap Investments-backed Silverback Exploration II LLC.
