US News

Auto Added by WPeMatico

Ports Restrict Navigation, Some Oil Facilities Shut as Milton Approaches Florida

Conventional Energy, Energy Topics & Technology, Latest, Offshore, Oil, Pinned Primary, US News / By

Summary Companies Storm expected to miss most oil infrastructure Set to make landfall near Tampa Imports and exports could be temporarily halted Biden approves emergency declaration (Reuters) – At least one oil and gas platform in the U.S. Gulf of Mexico was shut on Monday and Florida ports imposed restrictions on vessel navigation as Hurricane Milton rapidly …

Ports Restrict Navigation, Some Oil Facilities Shut as Milton Approaches Florida Read More »

Oil Bets Most Bullish in Two Years as Mideast Tension Flares

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

Bearish traders whipsawed by China stimulus, Iran-Israel WTI call skew highest since Russia’s invasion of Ukraine Oil futures posted their largest gain in more than a year last week. And the frenzy was even bigger in the options market. As traders fretted over the risk of a major price spike, the call skew on second-month …

Oil Bets Most Bullish in Two Years as Mideast Tension Flares Read More »

Oil Moguls Emerge as Key Cash Source for Trump as Race Nears End

Conventional Energy, Latest, Oil, US News / By

Trump helped broker plan to cut oil production, boost prices Petroleum chiefs’ support increasingly important to campaign Oil executives have emerged as an increasingly important source of funding for Donald Trump, as industry titans open their wallets to bolster the Republican nominee’s campaign for a second term in the White House. The billionaires backing Trump include Kelcy …

Oil Moguls Emerge as Key Cash Source for Trump as Race Nears End Read More »

BP Abandons Goal to Cut Oil Output, Resets Strategy

Conventional Energy, Latest, Oil, US News / By

Summary BP had aimed to cut output by 25% by 2030 BP eyeing investments in Iraq, Kuwait CEO Auchincloss to unveil new strategy in February (Reuters) – BP  has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s energy transition strategy to regain investor confidence, three …

BP Abandons Goal to Cut Oil Output, Resets Strategy Read More »

LNG Needed For Decades to Ensure Energy Security, Importers Say

Conventional Energy, Latest, LNG, US News / By

The group says regular investments required to meet demand Long-term role of gas in the energy transition is under debate Liquefied natural gas will be needed for decades to ensure adequate energy supply, even as the world shifts to cleaner sources, an industry group of importers emphasized on Monday. Regular investments will be required to …

LNG Needed For Decades to Ensure Energy Security, Importers Say Read More »

US Supreme Court Declines to Pause EPA Mercury, Methane Rules

Conventional Energy, Latest, Methane, US News / By

Summary Justices deny emergency requests to halt EPA rules Challengers argue EPA exceeded its powers EPA says rules benefit public health, climate WASHINGTON, Oct 4 (Reuters) – The U.S. Supreme Court declined on Friday to put on hold new federal air pollution rules from President Joe Biden’s administration to tighten limits on mercury and methane, acting in challenges brought …

US Supreme Court Declines to Pause EPA Mercury, Methane Rules Read More »

Oil Settles Up, Biggest Weekly Gains in Over a Year on Middle East War Risk

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

Summary Brent crude posts biggest weekly gains since Jan 2023 Israel conducts air attack on Beirut, Iran calls on allies to step up anti-Israel struggle Biden says he would consider alternatives to striking Iranian oilfields if he was in Israel’s shoes Oil analysts caution prices could stay elevated until Middle East conflict is resolved Spare …

Oil Settles Up, Biggest Weekly Gains in Over a Year on Middle East War Risk Read More »

Tellurian Shareholders Back Proposed $1.2 bln Woodside Deal

Conventional Energy, Energy Topics & Technology, Latest, LNG, Mergers and Acquisitions, US News / By

(Reuters) – Tellurian shareholders have voted in favor of the U.S. LNG developer’s proposed $1.2 billion acquisition by Australian energy producer Woodside Energy Group, the company said on Friday. Shares rose 1.4% to 98 cents in premarket trade. Woodside in July agreed to buy Tellurian, including its U.S. Gulf Coast Driftwood LNG export project. The …

Tellurian Shareholders Back Proposed $1.2 bln Woodside Deal Read More »

Subscribe
Subscribe