U.S. Energy Secretary Chris Wright said on Friday he and his team are working with the White House’s National Security Council to monitor the situation in Middle East and any potential impacts to global energy supply. Wright said on X, after Israel’s strikes on Iran’s nuclear sites and Iran’s response, that President Donald Trump’s policy …
US Energy Chief Monitoring Any Impacts to Global Energy Supply Read More »
(Reuters) – The West’s energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following Israel’s attack on Iran, drawing criticism from rival OPEC which said the statement would only create fear in the market. The International Energy Agency, representing oil consumers, and the Organization of the Petroleum …
IEA Says it Stands Ready to Tap Emergency Oil Stocks, OPEC Sees No Need Read More »
By Erwin Seba Oil gains of up to 14% were largest intraday move since 2022 Iran’s nuclear facility in Natanz damaged in Israeli attack No impact to oil flows in the region so far -analysts Israeli attacks kill key Iranian military commanders Trump urges Iran to make a deal over its nuclear programme HOUSTON, June …
Oil Up 6%, Paring Sharp Gains as Israel Strikes Avoid Iran Oil Sites Read More »
(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest since November 2021, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, …
US Drillers Cut Oil & Gas Rigs For 7th Week to Lowest Since 2021, Baker Hughes Says Read More »
Venture Global says it can expand existing sites—such as Plaquemines LNG—faster than building a new one.
Here is a look at some of this week’s renewable energy news, including an agreement between RWE and tech giant Amazon.
Opterra joins LS Power’s existing portfolio of energy infrastructure companies providing energy efficiency and grid reliability services.
Here is a roundup of marketed oil and gas leaseholds in the Permian and Anadarko basin and Woodford and Tuscaloosa Marine shales.
The $350 million of funds raised will go into escrow alongside the $350 million raised from EQV Group’s first SPAC IPO as the 10-month-old prospective M&A buyer has not yet done a deal.
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest since November 2021.
