Trump Nixes $1.8 Billion Biden-Era Loan to Arizona Utility for Clean Energy

Electricity Grid, Energy Topics & Technology, Latest, Renewable Energy, Solar, US News, Wind / By

By Ari Natter A $1.8 billion loan guarantee to an Arizona utility to deploy clean energy are among the projects the Energy Department has canceled following a review of loans made during former President Joe Biden’s administration, according to the department. The conditional loan guarantee to Arizona Public Service Company, a subsidiary of Pinnacle West …

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Judge Revives Martha’s Vineyard Wind Project Halted by Trump

Latest, Renewable Energy, US News, Wind / By

By Mark Chediak and Brian Dowling A US judge said a nearly completed, $4.5 billion wind project off the coast of Massachusetts can resume construction weeks after the Trump administration required all such developments to stop work. US District Judge Brian Murphy on Tuesday granted Vineyard Wind’s request for a preliminary injunction, effectively reviving the …

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4Q25 U.S. Oil and Gas M&A Climbs to $23.5 Billion, 2025 Peaks at $65 Billion

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Infusion of fresh capital and international buyers sharpens competition CALGARY, Alberta (January 28, 2026) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its summary of 4Q2025 U.S. upstream M&A activity and full-year analysis. After a midyear slowdown, U.S. upstream M&A …

4Q25 U.S. Oil and Gas M&A Climbs to $23.5 Billion, 2025 Peaks at $65 Billion Read More »

US Upstream M&A Market Rebounds in Q4, Hits $23.5 Billion, Enverus Says

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

(Reuters) – The U.S. upstream mergers and acquisitions market regained momentum after a mid-year slowdown in the fourth quarter of 2025 reaching $23.5 ​billion in announced deals and pushing full-year activity to $65 billion, ‌analytics firm Enverus said on Wednesday. The rebound was driven by motivated buyers including refunded private equity teams, increased use of …

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EU’s Ribera Warns of Increasing Dependence on US LNG

CDN and International News, Latest, LNG / By

The European Union’s competition chief warned on Wednesday that the region was becoming increasingly dependent on liquefied natural gas (LNG) imports from the United States and should look at how it can best harness local resources. “We are significantly increasing our dependence on liquefied natural gas imported from the U.S.,” European Commission Executive Vice President …

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More Than 400,000 US Customers Still Without Power as Winter Storm Freezes Much of the US

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

A severe winter storm that brought heavy snow, sleet and freezing rain has left more than 400,000 homes and businesses without power across a swath of the U.S., from the Ohio Valley and mid-South region to New England. The hardest-hit utilities included Nashville Electric Service (NES) in Tennessee, where 109,156 of 463,455 customers were without …

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BP, Shell Seeking US Licenses for Gas Fields Shared with Venezuela, Trinidad Minister Says

CDN and International News, Conventional Energy, Latest, Natural Gas / By

Summary Shell seeks license for Loran-Manatee discovery, minister says BP seeking to develop Cocuina-Manakin field, minister adds First production from Dragon field hoped for in fourth quarter 2027 (Reuters) – Shell and BP are seeking U.S. licenses to extract natural gas from fields in Trinidad and Tobago and Venezuela, the Caribbean country’s energy minister Roodal Moonilal said …

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US Intelligence Raises Doubts About Venezuela Leader’s Cooperation

Conventional Energy, Latest, Oil, US News / By

U.S. officials have said publicly they want the interim president to sever relations with close international allies like Iran, China and Russia, including expelling their diplomats and advisers from Venezuela. But Rodriguez, whose swearing-in ceremony was attended by representatives of those countries early this month, has yet to publicly announce such a move. She became …

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Chevron Seeks Better Terms From Iraq Before Taking Over Lukoil Oilfield, Sources Say

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

By Dmitry Zhdannikov and Aref Mohammed Chevron seeks improved terms for West Qurna 2 oilfield, sources say Iraq nationalized operatorship of oilfield after U.S. sanctions on Lukoil Iraq has improved oil contract terms in deals with majors in past two years (Reuters – BASRA/LONDON, Jan 27) – U.S. oil major Chevron is pushing Iraq to …

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