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(Reuters) – Oil prices held steady on Friday, on track for a weekly rise of 5%, as the Ukraine war intensified and Chinese imports were set to increase in November. Brent crude futures climbed 33 cents, or 0.44%, to $74.56 a barrel by 1008 GMT. U.S. West Texas Intermediate crude futures rose 27 cents, or …
Oil Heads for Weekly Gains as Ukraine War Intensifies Read More »
Summary US gas output to fall in 2024 for first time since 2020 US spot gas prices to rise over 40% in 2025 from 2024 levels US LNG exports to jump 14% in 2025 over levels in 2024 (Reuters) – U.S. natural gas producers will boost output in 2025 following a series of production cuts …
U.S. Natural Gas Drillers to Lift 2025 Output, Reversing Year of Cuts Read More »
U.S. natural gas futures jumped about 7% to a one-year high on a surprise weekly withdrawal from storage, forecasts for colder weather and rising gas flows to liquefied natural gas export plants. The U.S. Energy Information Administration said utilities pulled 3 billion cubic feet (bcf) of gas from storage during the week ended Nov. 15. …
US Natgas Prices Jump 7% to 1-Year High on Surprise Storage Draw, Colder Forecasts Read More »
NEW DELHI, Nov 21 (Reuters) – Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for conspiring with executives of a formerly New York listed company to devise a $265 million scheme to bribe Indian officials to boost their solar energy business. Adani Group denied the allegations as “baseless”, while Indian government officials haven’t …
‘The Corrupt Solar Project’: Key US Bribery Charges Against Adani and What’s Next Read More »
By Mrinalika Roy Nov 21 (Reuters) – Shale gas producers in the U.S. Permian Basin are sounding out data-center operators building up capacity to power a boom in AI applications, aiming to ease the pressure from a nearly two-year slump in the prices of the commodity. Devon Energy (DVN.N), Expand Energy (EXE.O), Diamondback Energy (FANG.O), …
US Natgas Producers Chase AI-Driven Surge in Power Demand to Weather Low Prices Read More »
By Andy Home LONDON, Nov 21 (Reuters) – Donald Trump has described the Inflation Reduction Act (IRA) as a “green scam” and vowed to repeal it after he returns to the White House in January. This is bad news for sectors such as electric vehicles (EV) and wind power, which have been major recipients of …
Trump 2.0 Won’t Reverse Biden’s Critical Minerals Push Read More »
An in-depth interview I did about Liberty Energy CEO Chris Wright, who was recently nominated for Secretary of Energy. By Alex Epstein For the last several months, whenever I was asked who should be the next Secretary of Energy, I emphatically answered: Chris Wright! So I was thrilled when Chris was nominated last Saturday for …
COMMENTARY: Why I Strongly Support Chris Wright for Secretary of Energy – Alex Epstein Read More »
Chinese buyers to take 14 million tons starting from 2026 American gas exports to China halted for much of 2019 The US has boosted sales of liquefied natural gas to China this year, although the surge may not last if the incoming Trump administration collides with Beijing over trade. China imported 63% more of the super-chilled fuel …
China’s Surging LNG Imports From US Threatened by Next Trade War Read More »
.Korea and Turkey have opposed a deal during OECD’s Paris talks EU, US working to finalize deal this week on financing cuts The EU, US and other countries are hammering out a plan to throttle tens of billions of dollars of financial support for foreign oil and gas projects, weeks before President-elect Donald Trump moves into the …
Europe and U.S. Push for Oil-Funding Curbs Deal to Outlast Trump Read More »
Eight claims center on gas exporter’s spot sales, plant build Company has signaled plans to go public amid customer disputes Pending arbitration claims against liquefied natural gas exporter Venture Global LNG Inc. from several of its customers have grown to nearly $6 billion, according to a bond document seen by Bloomberg. Claims in cases by eight separate …
Arbitration Claims Against LNG Exporter Venture Global Reach Close to $6 Billion Read More »
