Bloomberg News Trump has sought to pressure Zelenskiy into agreeing to let the US benefit from any of Ukraine’s untapped resources, at a time when Washington is seeking to secure supplies of critical minerals. His pursuit has seen him make some huge demands: At one point he wanted the equivalent of $500 billion from rare earths, …
Why Trump’s Ukraine Minerals Deal with Zelenskiy Is Not an Easy Win Read More »
Summary • Brent, WTI head for first monthly drop in three months • Iraq to announce resumption of oil exports from Kurdistan region HOUSTON, Feb 28 (Reuters) – Oil prices fell on Friday and were headed for their first monthly drop since November, as markets watched an Oval Office argument between the U.S. and Ukrainian …
Oil Falls on White House Clash, Tariffs, Iraq Exports Read More »
As 2024 year-end earnings wrap up, here is a compilation of dividends declared from select upstream and midstream companies.
KNOT Offshore Partners LP subsidiary KNOT Shuttle Tanker AS is trading shuttle tanker assets with Knutsen NYK Offshore Tankers AS, the company said Feb. 27.
Houston-based NextDecade continues to build the Rio Grande LNG Center in Brownsville, Texas, as its permits filed with the Federal Energy Regulatory Commission continue to go through the legal process.
Multi-decade U.S. shale producer EOG Resources said it is confident the tight-gas resource is there and first gas will come online beginning in 2026.
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, 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, rose by one …
US Drillers Add Oil and Gas Rigs for Fifth Week in a Row, Baker Hughes Says Read More »
(Reuters) – U.S. crude oil production rose to a record 13.491 million barrels per day in December, up from 13.314 million bpd in November and the prior all-time high of 13.436 million in October, the U.S. Energy Information Administration said in its Petroleum Supply Monthly report on Friday. Product supplied of crude oil and petroleum, …
US Crude Oil Production Rose to Record High in December, says EIA Read More »
(Reuters) – A consortium led by U.S. major Exxon Mobil in Guyana had recovered at the end of January $33.9 billion of the $41.1 billion it has spent at its massive Stabroek offshore block, the country’s Vice President, Bharrat Jagdeo, told Reuters. Since it first found oil in Guyana a decade ago, the Exxon-led group …
Guyana VP Says Exxon’s Consortium Has Recovered $33.9 bln in Guyana Read More »
Here is a look at some of this week’s renewable energy news, including SMT Energy securing funding for a battery energy storage facility in Houston.
