By Will Wade US data centers are rapidly driving up demand for power, with the official forecast for electricity consumption next year almost doubling in the past month. Total power usage in the US is expected to climb 2.15% in 2026, spurred largely by a 5% spike from commercial users because of the expansion of …
Data Centers Prompt US to Boost Power-Usage Forecast by 92% Read More »
By Amanda Stephenson Canada aims to diversify exports amid US trade tensions Carney government seeks projects to boost Canada’s energy status CALGARY, June 10 (Reuters) – The U.S. relies on Canadian oil imports, despite comments to the contrary by U.S. President Donald Trump, Cenovus Energy (CVE.TO) CEO said on Tuesday. Trump has threatened on-again, off-again …
US Depends on Canadian Oil, Despite Trump’s Comments, Cenovus CEO Says Read More »
WASHINGTON, June 10 (Reuters) – The U.S. Energy Department’s loan office should fund oil and gas infrastructure, a White House aide said on Tuesday, as President Donald Trump’s administration moves away from supporting projects designed to curb climate change. “One of the big problems is, in the past the … Loan Program Office has been …
US Energy Loan Office Should Fund Oil, Gas, White House Aide Says Read More »
By Scott Disavino US and China enter second day of talks in London Saudi crude exports to China set to fall slightly Upcoming: US oil inventory data from API and EIA NEW YORK, June 10 (Reuters) – Oil prices held near a seven-week high on Tuesday as the market awaited direction from trade talks between …
Oil Prices Hold Near 7-Week High as Market Waits for News From US-China Trade Talks Read More »
U.K.-headquartered international hydrocarbons conglomerate INEOS is seeking the mature U.S. shale assets that don’t have the upside growth potential publicly held U.S. operators need.
The U.S. trade office had proposed a schedule of rising rates if U.S. companies did not use tankers that don’t currently exist—but backed off after industry backlash.
The ability to drill deeper and hotter expands the commercial viability window for enhanced geothermal systems, according to Fervo.
The Texas Oil & Gas Association estimated that crude oil production in Texas held steady at 5.7 MMbbl/d, while NGL production also remained level at 4 MMbbl/d.
By Josh Sisco, Silla Brush, and Madlin Mekelburg Coal on barges in Pittsburgh. Photographer: Justin Merriman/Bloomberg The world’s largest asset managers urged a federal judge in Texas to dismiss a lawsuit brought by Republican state attorneys general claiming they colluded to reduce coal output, in a case that threatens how US firms oversee trillions of …
BlackRock, Vanguard Fight High-Stakes Texas Collusion Case Read More »
In the energy sector, equipment reliability is not just a maintenance goal—it’s a business imperative. As pressure mounts to optimize production while reducing downtime and risk, operators are increasingly turning to advanced monitoring technologies to stay ahead of mechanical issues. One of the most impactful of these is vibration monitoring, particularly when applied to turbomachinery …
Unlocking the Value of Vibration Monitoring in the Energy Sector Read More »
