Saudi Arabia Boosts Oil Output, Exports for US Attack on Iran Contingency, Sources Say

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

(Reuters) – Saudi Arabia is increasing its oil production and exports as part of a contingency plan in case any U.S. strike on Iran disrupts supplies from the Middle East, two sources familiar with the plan said on Wednesday. The Saudi government media office did not immediately respond to a request for comment on the …

Saudi Arabia Boosts Oil Output, Exports for US Attack on Iran Contingency, Sources Say Read More »

Senate Democrats Blast Trump for Failing to Use Sanctions to Pressure Russia

Latest, US News / By

(Reuters) – Democrats on the Senate Banking Committee on Tuesday blasted President Donald Trump for failing to ramp up sanctions to pressure Russia to end its four-year war in Ukraine, noting the European Union had designated nearly 900 targets in 2025 compared to just two for the U.S. In an analysis released on the fourth …

Senate Democrats Blast Trump for Failing to Use Sanctions to Pressure Russia Read More »

Fast‑Track Interconnection Could Lift U.S. Power Market Reserve Margins to 24% by 2030

Latest, Press Releases / By

CALGARY, Alberta (Feb. 25, 2026) Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the most trusted energy‑dedicated SaaS company that leverages generative AI across its solutions, released a new analysis examining how recently approved fast-track interconnection processes are reshaping U.S. power market reliability across the PJM, Midcontinent Independent System Operator (MISO) and Southwest Power Pool (SPP) …

Fast‑Track Interconnection Could Lift U.S. Power Market Reserve Margins to 24% by 2030 Read More »

US AI Boom Faces Electric Shock

Artificial Inteligence, Electricity Grid, Energy Topics & Technology, Latest, US News / By

Ron Bousso (Reuters) – Big Tech’s race to dominate artificial intelligence may soon hit a nasty road bump as U.S. electricity grids struggle to keep pace with the big-spending hyperscalers. America’s technology giants, including Microsoft, Amazon, Alphabet and Meta, have in recent months announced plans to spend over $600 billion on AI in 2026 alone. The investment wave has already fuelled …

US AI Boom Faces Electric Shock Read More »

GLJ Ltd. and Techno Canada Inc. Launch Joint Venture to Strengthen Energy Certification and Consulting Services

Company Announcements, Latest, Press Releases / By

Goa, India – GLJ Ltd. (“GLJ”) and Techno Canada Inc. (“TCI”) are pleased to announce the signing of a new joint venture agreement, GLJ WW Private Limited, formalized on January 27, 2026, at the opening day of India Energy Week 2026 in Goa. This joint venture brings together two firms with complementary strengths: certification, engineering studies, and evaluations. Building on that …

GLJ Ltd. and Techno Canada Inc. Launch Joint Venture to Strengthen Energy Certification and Consulting Services Read More »

EOG Resources Reports Fourth Quarter and Full-Year 2025 Results; Announces 2026 Capital Plan

Latest, Press Releases / By

HOUSTON, Feb. 24, 2026 /PRNewswire/ — EOG Resources, Inc. (EOG) today reported fourth quarter and full-year 2025 results. The attached schedules for the reconciliation of Non-GAAP measures to GAAP measures, along with a related presentation, are also available on EOG’s website at http://investors.eogresources.com/investors. Fourth Quarter Highlights Oil, NGLs and natural gas production and total per-unit operating costs …

EOG Resources Reports Fourth Quarter and Full-Year 2025 Results; Announces 2026 Capital Plan Read More »

US Natural Gas Falls to Five-Month Low as Forecasts Shift Warmer

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

By Julian Hast US natural gas futures settled down in thin trading, closing to the lowest in about five months as forecasts shifted warmer, indicating lower demand for the heating and power-plant fuel. Traders were also pricing in an increasingly low probability of an unexpected cold snap draining supplies as the winter heating season draws …

US Natural Gas Falls to Five-Month Low as Forecasts Shift Warmer Read More »

The US Is Embracing Gas-Guzzling Cars, While Everywhere Else Goes Electric

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

Big trucks and engines are back among US automakers, even as electrics gain ground around the globe. By Keith Naughton and David Welch Detroit under Donald Trump has rediscovered its love of the big, roaring engine. By gutting climate regulations, the president has freed US automakers to sell as many gas-burning trucks and SUVs as …

The US Is Embracing Gas-Guzzling Cars, While Everywhere Else Goes Electric Read More »

Chevron Sells Venezuelan Oil to India’s Reliance for the First Time Since 2023, Ship Data and Sources Say

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

HOUSTON, Feb 24 (Reuters) – U.S. oil major Chevron (CVX.N) has sold its first cargo of Venezuelan crude oil to India’s Reliance Industries (RELI.NS) since December 2023, according to ship tracking data and two sources. Chevron (CVX.N) negotiated the Boscan crude cargo to Reliance this month, marking the first sale of the heavy oil, which …

Chevron Sells Venezuelan Oil to India’s Reliance for the First Time Since 2023, Ship Data and Sources Say Read More »

Ten Years After First Cargo, US LNG Dominance Set to Keep Growing

Conventional Energy, Latest, LNG, US News / By

(Reuters) – In the ten years since the first export cargo of liquefied natural gas (LNG) left Texas, the United States has grown rapidly into the top supplier of the ultra-cooled fuel to world consumers. That dramatic expansion shows no sign of slowing down, with analysts and industry executives projecting that record U.S. LNG export …

Ten Years After First Cargo, US LNG Dominance Set to Keep Growing Read More »

Subscribe
Subscribe