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US Energy Chief to Seek $20 Billion to Refill Oil Reserve, Bloomberg Reports

Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, Oil, US News / By

U.S. Energy Secretary Chris Wright plans to seek up to $20 billion to accomplish President Donald Trump’s goal of refilling the nation’s depleted oil reserve to its maximum capacity, Bloomberg News reported on Friday. Wright told Bloomberg News in an interview that the initiative would restore holdings “just close to the top” to maintain efficient …

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Russia Says OPEC+ May Reverse Oil Output After April, Kazakhstan Pledges Cuts

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Oil, OPEC / By

Summary • OPEC+ has decided to hike output from April • Novak: OPEC+ may reverse the hike decision after April • Kazakhstan says it will cut oil production in next months • CPC exports to be reduced as well (Reuters) – Russia’s Deputy Prime Minister Alexander Novak said on Friday that the OPEC+ group agreed …

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COMMENTARY: AI Applications in Upstream Oil and Natural Gas – Part 2 – Yogi Schulz

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, LNG, Natural Gas, Nuclear, Oil, US News / By

By Yogi Schulz Generative artificial intelligence (AI) is sweeping through the oil and natural gas industry. It’s out of control, like the Wild West. AI output is showing up in reports and presentations. The Apple App Store and Google Play offer many free AI apps of varying quality. Every AI software vendor provides access to …

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Russia Launches Major Ukraine Missile Attack After US Cuts Off Military Aid – Energy Sector Targeted

CDN and International News, Conventional Energy, Electricity Grid, Energy Topics & Technology, Latest, Natural Gas / By

Summary Russia launches 67 missiles, almost 200 drones at Ukraine Air assault comes as US cuts aid, intelligence sharing Zelenskiy to visit Saudi Arabia before US-Ukraine talks (Reuters) – Russian forces damaged Ukrainian energy and gas infrastructure overnight in their first major missile attack since the U.S. paused intelligence sharing with Ukraine, piling pressure on …

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Oil Rises after Russia’s Novak Says OPEC+ May Reverse Output Hike after April

Conventional Energy, Latest, Oil, tri, Tri-Pinned, US News / By

• Brent and WTI on track to fall more than 3% over the week • Trade war risks and OPEC+ supply increase weigh on market • China stimulus could cushion blow from tariffs, analyst says (Reuters) – Oil prices extended gains on Friday, rising more than $1 a barrel, after Russia’s Deputy Prime Minister Alexander …

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COMMENTARY: Trump is Causing Historic Damage to a Globally Unique Relationship

Latest, Natural Gas, Oil, US News / By

By: Jason Clemens and Niels Veldhuis Almost all of the coverage and commentary on President Trump’s decision to use executive powers to impose a 25 per cent tariff on exports from Canada (10 per cent on energy) and Mexico, and the retaliatory measures from both countries have rightly focused on economics. There’s an important aspect of this …

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Venture Global Announces Major Brownfield Expansion of Plaquemines LNG

Conventional Energy, Latest, LNG, Press Releases / By

PLAQUEMINES PARISH, La.–(BUSINESS WIRE)–Today, Venture Global (NYSE: VG) announced plans for a brownfield expansion at its Plaquemines LNG facility south of New Orleans, Louisiana. Joining Venture Global for the announcement was Secretary of Energy Chris Wright, Secretary of the Interior Doug Burgum, Louisiana Governor Jeff Landry and other federal, state and local officials and stakeholders. …

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