By Hadeel Al Sayegh Summary KPC seeks $7 billion by leasing oil pipelines, sources BlackRock, Brookfield, others show interest in KPC deal, sources KPC transaction could launch end of February, sources Feb 24 (Reuters) – National oil company Kuwait Petroleum Corporation (KPC) has held early stage talks with a large group of potential investors over …
The vessel Sea Horse, expected to arrive in early March, is carrying much-needed fuels to Cuba Bloomberg News A ship believed to be carrying Russian fuels is on its way to Cuba, putting U.S. President Donald Trump’s sanctions to the test amid the island’s deepening energy crisis. The vessel Sea Horse, expected to arrive in early …
Cuba-Bound Tanker Carrying Russian Fuels to Test Trump Blockade Read More »
The line from Canada to Wyoming could potentially piggyback off pipe laid for the cancelled project This Article and More by Meghan Potkins Here A major new oil pipeline proposed to carry crude from the Canadian border to a hub in Wyoming could potentially piggyback off of existing pipe laid for the cancelled Keystone XL project, …
New Cross-Border U.S. Pipeline Proposal Could Revive Idle Keystone XL Assets: Analysts Read More »
Ron Bousso (Reuters) – A serious military confrontation between the U.S. and Iran could trigger a major disruption in Middle East oil supplies. The vast oil reserves the U.S. and China hold could prove critical in containing it. For now, uncertainty dominates in this protracted standoff, with U.S. and Iranian officials continuing to hold indirect talks, as American military …
US and China Hold the Keys to Containing a Mideast Oil Shock Read More »
Summary Both crude benchmarks hover near seven-month highs US-Iran tensions key market driver in near term, analysts say US tariff situation creating market uncertainty (Reuters) – Oil prices hovered near seven-month highs on Tuesday, with traders assessing risks to supply from any military escalation as another round of U.S.-Iran nuclear talks loomed. Brent crude futures …
Oil Prices Hover Near Seven-Month Highs on US-Iran Tensions Read More »
Feb 23 (Reuters) – Dominion Energy (D.N) forecast annual profit below Wall Street expectations on Monday, but raised its five-year capital spending plan by nearly 30% as the utility ramps up its efforts to meet soaring electricity demand. U.S. utilities have been adding billions of dollars to their capital expenditure budgets amid extreme weather conditions …
Dominion Energy Forecasts Annual Profit Below Estimates, Raises Spending Plan Read More »
(Reuters) – Oil prices have been a consistent disinflationary force for the U.S. and global economies since mid-2024. That may be about to change. Fueled by signs of a solid upturn in economic activity at the start of the year and bubbling U.S.-Iran tensions that could spark military conflict, Brent and West Texas Intermediate crude …
Watch Out for Oil’s Disappearing Disinflationary Drag: McGeever Read More »
Reuters U.S. spot natural gas prices for Monday at the Waha Hub in the Permian Shale in West Texas closed in negative territory for a record 12th time in a row as pipeline constraints trap gas in the nation’s biggest oil-producing basin, forcing some energy firms to pay others to take gas associated with their …
US Natgas Prices at Waha Hub in Texas in Negative Territory for Record 12th Day Read More »
U.S. natural gas futures rose about 1% to a one-week high on Monday on near-record LNG export flows and forecasts for more demand than previously expected over the next two weeks as another winter storm buries the U.S. Northeast in snow. Gas futures for March delivery on the New York Mercantile Exchange rose 4.3 cents, …
Spot prices for liquefied natural gas (LNG) in Asia have drifted lower despite solid demand in the top-consuming region and record imports by Europe. Throw in tensions in the Middle East and the threat to shipments from Qatar, the second-biggest exporter behind the United States, and the relaxed spot price seems incongruous. Part of the …
US LNG Export Surge and Soft China Demand Meet Record European Imports: Russell Read More »
