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Oil prices tumbled more than $3 a barrel on Monday after Israel’s retaliatory strike on Iran over the weekend bypassed Tehran’s oil and nuclear facilities and did not disrupt energy supplies, easing geopolitical tensions in the Middle East. Both Brent and U.S. West Texas Intermediate crude futures hit their lowest levels since Oct. 1 at …
Oil Slips More Than 4% After Iran Downplays Israeli Strikes Read More »
Health care, energy also among businesses with most at stake Retailers would face major impact from tariff increases The US election on November 5 will be a clash of visions that reverberates through the global economy for years to come. Kamala Harris and Donald Trump in some cases have skirted how they will handle pivotal …
Here Are 5 Industries With the Most at Stake in Presidential Election Read More »
By Reuters MOSCOW, Oct 25 (Reuters) – Russia is ready to continue pumping gas through Ukraine after the current gas transit deal expires at the end of the year, but sees indications Ukraine may not be willing to extend the contract, Russian President Vladimir Putin said on Friday. Ukraine has already said it does not want …
Putin: Russia Ready to Keep Gas Transit via Ukraine, but Kyiv Rejects Deal Extension Read More »
(Reuters) – U.S. natural gas futures climbed about 2% to a two-week high on Friday on lower output so far this month and a jump in global gas prices that could boost demand for more U.S. liquefied natural gas (LNG) exports. Earlier in the session, U.S. gas futures were down on forecasts for mild weather …
US Natgas Prices Climb 2% to 2-Week High on Lower Output, Soaring Global Gas Prices Read More »
By Scott Disavino Oct 25 (Reuters) – U.S. energy firms kept the number of oil and natural gas rigs unchanged this week, with the count falling by two in October, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future …
US Oil and Gas Rig Count Steady This Week, Down Two in October – Baker Hughes Read More »
By Gavin Maguire LITTLETON, Colorado, Oct 25 (Reuters) – Utilities in the United States have relied on fossil fuels to generate a larger share of electricity than their counterparts in China since June, seriously undermining U.S. claims to be a leader in energy transition efforts. U.S. utilities have relied on fossil fuels to generate an …
US Power System Becomes More Fossil-Dependent Than China’s Read More »
NEW YORK, Oct 25 (Reuters) – Constellation Energy (CEG.O) is making its case to restore the operating license for its Three Mile Island nuclear power plant in the first public meeting before the U.S. Nuclear Regulatory Commission on Friday on the unprecedented project to restart a retired reactor. Constellation, which announced last month that it …
US Nuclear Regulator Hears Three Mile Island Power Plant Restart Plan Read More »
By Georgina Mccartney Study examines proposed drilling restrictions to protect public from oil and gas pollution Restrictions could result in 12.5 million barrels lost in first year, study says Environmental advocate argues health costs outweigh revenue loss NEW YORK, Oct 25 (Reuters) – New Mexico, the second-largest oil-producing state in the U.S., is studying new …
New Mexico Studies Oil Drilling Restrictions That Would Hit Output, Revenue Read More »
(Reuters) – U.S. crude oil refiner Valero Energy Corp said on Thursday it is considering a range of options that could include selling its two California refineries due to growing regulatory pressure in the state. Chief Executive Lane Riggs said during a conference call “all options are on the table” for the company’s two California …
Valero CEO Says All Options Are On The Table For Two California Refineries Read More »
By Arathy Somasekhar US shale producers continue to restrain production growth Companies such as Enbridge expand capacity on existing lines Deepwater oil export projects struggle to attract customers HOUSTON, Oct 24 (Reuters) – Top executives of two U.S. energy pipeline operators on Thursday ruled out building new crude oil lines to move volumes out of …
New Permian Oil Pipelines Unlikely to be Built, Say Top Operators Read More »
