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US NatGas Prices Climb 2% on Decline in Daily Output, Record LNG Flows

By Scott Disavino US gas output on track to hit monthly record in March US LNG export feedgas set to hit monthly record in March US gas inventories on track for unusual build in March March 27 (Reuters) – U.S. natural gas futures climbed about 2% on Thursday on a decline in daily output, record …

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Oil Approaches One-Month Highs as Investors Assess Supply, Trade War Risks

By Stephanie Kelly and Enes Tunagur Markets mixed on impact of Trump auto tariffs Tariffs on Venezuelan oil buyers still supporting prices Prices unlikely to return to early 2025 highs, some analysts say NEW YORK, March 27 (Reuters) – Oil prices edged higher on Thursday as traders assessed a tightening of crude supplies along with …

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Exclusive: Energy Trader Vitol Eyes $3 Billion Sale of US Shale Producer, Sources Say

By Shariq Khan and David French VTX is one of few private operators of scale left in the Permian Vitol working with Jefferies to find potential buyers Deliberations at an early stage, deal is not guaranteed -sources VTX produces 46,000 boepd across two Texas counties NEW YORK, March 27 (Reuters) – Global commodities trader Vitol …

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US Oil Producers Face New Challenges as Top Oilfield Flags

By Shariq Khan and Georgina Mccartney Slowest Permian oil output growth forecast since pandemic Permian slowdown in contrast to Trump’s ‘drill, baby, drill’ mantra Gas and water output rises as the field ages, increasing costs Gas-to-oil ratio rises as gas output up eight-fold in past decade Water-to-oil ratio already high at Permian’s core, even higher …

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Trump Administration Tells Oil and Biofuels Groups to Hash Out New Biofuel Policy

By Jarrett Renshaw Trump administration asks Big Oil and Farm Belt to come to a consensus on biofuel policy Two meetings held so far, with consensus to seek higher biomass-based diesel volumes Other key issues still under discussion NEW YORK, March 27 (Reuters) – U.S. President Donald Trump’s administration has asked oil and biofuels producers …

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UK Antitrust Watchdog Says SLB-ChampionX Deal Could Lessen Competition

Britain’s competition regulator said on Thursday that oilfield services company SLB’s proposed $8 billion deal to buy smaller rival ChampionX could result in a substantial lessening of competition within the UK. The deal would be referred for an in-depth probe unless SLB and ChampionX offer remedial measures, UK’s Competition and Markets Authority (CMA) said, adding …

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Shale-Oil Bosses Slam Trump’s Tariffs in Anonymous Survey

By Emma Sanchez Shale-oil executives assailed President Donald Trump’s trade policies in an anonymous survey, saying his barrage of tariffs were sowing confusion and undermining his goal to unleash America’s energy might. “The administration’s chaos is a disaster for the commodity markets,” one executive said in the report released Wednesday by the Federal Reserve Bank …

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US Oil and Gas Activity Edged Up in the First Quarter, Dallas Fed Says

(Reuters) – Activity in the U.S. oil and gas sector increased slightly in the first quarter of 2025, but uncertainty and pessimism among companies also rose, a Dallas Fed survey showed on Wednesday. U.S. President Donald Trump has promised to unleash U.S. energy dominance, declaring a national energy emergency on his first day in office. …

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Biden Administration Wrongly Nixed Oil, Gas Leases in Alaska Refuge, US Judge Rules

(Reuters) – A federal judge in Alaska ruled that former President Joe Biden’s administration lacked the authority to cancel oil and gas leases that had been issued for development within the Arctic National Wildlife Refuge. U.S. District Court Judge Sharon Gleason in Anchorage on Tuesday sided with a state-owned economic development public corporation in Alaska …

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