China Isn’t Importing Any US LNG, But It’s Still in the Game: Bousso

Conventional Energy, Latest, LNG, US News / By

China this month marks a year since it last imported liquefied natural gas from the U.S. amid a tense trade war between the world’s two largest economies. Yet throughout the past year, Chinese firms have continued purchasing U.S. LNG under long-term supply contracts with American producers. Instead of delivering the super-chilled fuel home, they have …

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Oil Gains Nearly 3% After Abrupt End to Russia-Ukraine Talks

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

Summary Ukraine peace talks end in Geneva after Zelenskiy says Russia stalling Iran, US reach understanding on main ‘guiding principles’ in nuclear talks Eurasia Group sees 65% chance of US strikes on Iran by April Iran and Russia to conduct navy drill on Thursday, Fars news agency reports (Reuters) – Oil prices gained nearly 3% …

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Expand Energy Beats Fourth-Quarter Profit Estimates, Plans $1 Bln Debt Cut in 2026

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

U.S. natural gas producer Expand Energy beat Wall Street estimates for fourth-quarter profit on Tuesday and aims to strengthen its balance sheet with at least $1 billion in debt reduction in 2026. The company benefited from higher prices as U.S. natural gas futures rose over 11% sequentially in the fourth quarter, breaking a falling streak …

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EQT Corp Beats Quarterly Profit Estimates on Higher Natgas Prices

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

U.S.-based energy company EQT Corp beat Wall Street estimates for fourth-quarter adjusted profit on Tuesday, benefiting from higher natural gas prices and sales volumes. Power-hungry data centers and a surge in liquefied natural gas (LNG) exports are driving up sales for U.S. natural gas companies, pushing them to increase production to meet rising demand. U.S. …

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Ovintiv Announces Agreement to Sell its Anadarko Assets

Conventional Energy, Latest, Oil, Press Releases / By

DENVER, Feb. 17, 2026 /CNW/ – Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (“Ovintiv” or the “Company”) announced today that it has entered into a definitive agreement to sell its Anadarko assets, located in Oklahoma, to an undisclosed buyer, for cash proceeds of $3.0 billion. The sale includes approximately 360 thousand net acres, which represents substantially all of the company’s …

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Ovintiv to Sell its Anadarko Assets for $3 Billion

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Ovintiv said on Tuesday it agreed to sell its Anadarko assets in Oklahoma to an undisclosed buyer for $3 billion, as the company sharpens its focus on higher-margin plays in the Permian Basin and Canada’s Montney. Shares of the company rose nearly 2% in extended trading. The divestiture delivers on a plan the company outlined in …

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U.S. Energy Chief Warns U.S. Could Quit IEA if Agency Keeps Focus on Climate

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

(Reuters) – U.S. Energy Secretary Chris Wright said on Tuesday the United States is not satisfied yet with reforms at the International Energy Agency (IEA). Speaking at a conference in Paris, he added that Washington does “not need a net-zero scenario” from the body and could leave the agency “if they insist that it’s so …

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Berkshire-Owned PacifiCorp, Citing Liquidity, Sells Washington Assets to Portland General Electric for $1.9 Billion

Latest, Renewable Energy, US News, Wind / By

By Jonathan Stempel and Katha Kalia PacifiCorp has warned of liquidity concerns from Oregon wildfire PGE to acquire natural gas, wind, utility assets Transaction may close in more than one year Feb 17 (Reuters) – PacifiCorp, a utility owned by Berkshire Hathaway (BRKa.N), is selling wind, natural gas generation and distribution assets and infrastructure in …

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Newfoundland and Labrador Leads Canada in Boosting Exports to Countries Other Than U.S.

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Offshore, Oil / By

Most of the growth came from shipping crude oil to Europe. By Gary Kean Newfoundland and Labrador outpaced other provinces in sending a larger share of exports to non-U.S. markets in 2025. However, that does not mean it has diversified trading partners. According to a recent TD Economics report on the shifting nature of goods …

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U.S. Energy Chief Says Venezuela Could Boost Output by “Several Hundred Thousand Bpd by Year‑End”

Conventional Energy, Latest, Oil, US News / By

U.S. energy secretary Chris Wright said on Tuesday that Venezuela could add “several hundred thousand barrels per day” to oil production by year-end.“I think you’ll see several 100,000 barrels a day of additional production by the end of this year,” Wright said speaking at a conference in Paris. (Reporting by Kate Abnet, Forrest Crellin, Writing …

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