US News

Auto Added by WPeMatico

U.S. Crude, Distillate Inventories Rise, Gasoline Draws Down – EIA

Conventional Energy, Energy Storage, Latest, Oil, US News / By

(Reuters) – U.S. crude oil and distillate inventories rose while gasoline inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 1.8 million barrels to 458.8 million barrels in the week ending May 17, the EIA said, compared with analysts’ expectations in a Reuters poll for a 2.5 million-barrel draw. …

U.S. Crude, Distillate Inventories Rise, Gasoline Draws Down – EIA Read More »

UNSOLD: Slowing EV Sales Are Upending Banker Climate Strategies

Electric Vehicles, Energy Topics & Technology, Latest, US News / By

The collateral damage from decelerating EV adoption will be far wider than the energy transition. Electric vehicles have swiftly gone from a rare bright spot in the fight against climate change to a cause for concern. A slowdown in EV adoption has potentially huge implications for the energy transition. It also has ramifications for the many financial institutions that …

UNSOLD: Slowing EV Sales Are Upending Banker Climate Strategies Read More »

Oil Titans Help Give Trump an Edge Over Biden in Fundraising

Latest, US News / By

Oil producers backed Trump’s political operation in April Former president has appealed directly to industry for support Oil industry titans are opening their checkbooks to support Donald Trump, with Texas tycoons Syed Javaid Anwar and Jeff Hildebrand among the donors contributing to the Republican candidate’s biggest fundraising month yet. Anwar, the founder and chief executive officer of Midland Energy …

Oil Titans Help Give Trump an Edge Over Biden in Fundraising Read More »

Macron Urges TotalEnergies to Stay in France After Talk of U.S. Listing

Energy Topics & Technology, Exploration & Production, Latest, US News / By

(Reuters) – France supports companies that believe in the country, its President Emmanuel Macron said in an interview published on Wednesday, in response to a question on oil major TotalEnergies’  potential pursuit of a U.S. listing. WHY IT’S IMPORTANT A pillar of France’s CAC 40 blue chip index, TotalEnergies is one of the world’s largest oil …

Macron Urges TotalEnergies to Stay in France After Talk of U.S. Listing Read More »

U.S. on Track to Establish Domestic Rare Earths Supply Chain for Defence, Official Says

Latest, US News / By

PERTH, Australia, May 22 (Reuters) – The United States is on track to establish a domestic rare earths supply chain to meet its defence needs by 2027, a senior defence official said on Wednesday. The U.S has been driving the build out of a global supply chain for rare earths, metals used in magnets for …

U.S. on Track to Establish Domestic Rare Earths Supply Chain for Defence, Official Says Read More »

More State Officials Oppose Exxon Directors Over Climate Lawsuit

Energy Topics & Technology, Environment, Exploration & Production, Latest, US News / By

A group of state financial officers and other public and labor leaders called on Tuesday for major asset managers to vote against top Exxon directors, citing the U.S. oil company’s ongoing lawsuit against climate activists. The group including New York City Comptroller Brad Lander and the state treasurers of Connecticut, Nevada and other states called …

More State Officials Oppose Exxon Directors Over Climate Lawsuit Read More »

Hess Facing Three Lawsuits Over Disclosures in Chevron Deal

Energy Topics & Technology, Latest, Mergers and Acquisitions, Tri-Pinned, US News / By

 Oil producer Hess on Tuesday said it is currently facing three lawsuits alleging inadequate disclosures over its proposed sale to Chevron. Chevron last October offered to acquire Hess in a move to gain a foothold in oil-rich Guyana’s lucrative offshore fields. However, the deal has been stalled due to a conflict with Exxon Mobil and pending regulatory …

Hess Facing Three Lawsuits Over Disclosures in Chevron Deal Read More »

Oil Steadies After Death of Iran’s President, Saudi King’s Ill Health

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

Summary Iranian President, foreign minister die in helicopter crash Saudi crown prince postpones Japan trip citing king’s health Another Russian energy facility hit LONDON, May 20 (Reuters) – Oil prices held steady on Monday amid political uncertainty in major producing countries after Iran’s president died in a helicopter crash and Saudi Arabia’s crown prince deferred a trip …

Oil Steadies After Death of Iran’s President, Saudi King’s Ill Health Read More »

Adnoc Buys Stake in NextDecade’s LNG Project in First U.S. M&A

Conventional Energy, Latest, LNG, Natural Gas, Pinned Primary, US News / By

The main oil company of the United Arab Emirates bought a stake in NextDecade Corp.’s natural gas export project in Texas, its first acquisition in the US that will also give it supply from the plant for 20 years. Abu Dhabi National Oil Co. will take a 11.7% stake in phase 1 of the Rio Grande …

Adnoc Buys Stake in NextDecade’s LNG Project in First U.S. M&A Read More »

Subscribe
Subscribe