Summary • Analysts expect Jan demand to grow by 1.4 mln bpd • US gasoline and distillates stocks rise more than expected • Saudi Arabia crude oil supply to China to fall in Feb (Reuters) – Oil prices rose slightly on Thursday as investors factored in firm winter fuel demand expectations despite large U.S. fuel …
Oil Prices Edge Higher as Markets Weigh Demand Against U.S. Inventories Read More »
Gaining despite Wall Street’s dim outlook for oil and gas stocks Bloomberg News Energy is the star sector of the S&P 500 index in the early days of 2025, shaking off two consecutive years when it was a market laggard, and gaining despite Wall Street’s dim outlook for oil and gas stocks. The S&P 500 Energy Index has …
Energy Sector Goes From S&P 500’s ‘Worst to First’ in 2025 Start Read More »
There’s no way that Canada’s going to stand by and watch the decimation of our industries Bloomberg News The U.S. doesn’t have easy alternatives to Canadian crude oil, uranium, potash and other critical minerals, Wilkinson said. And he warned that nothing is off the table when it comes to potential Canadian trade retaliation, including export taxes. …
Canada’s Energy Minister Warns Trump Against Energy Trade War Read More »
Phillips 66’s $2.2 billion deal with EPIC allows for further integration of its South Texas NGL network.
Howard Energy Partners’ purchase of EPIC Midstream Holdings ethylene pipeline comes days after EPIC agreed to sell midstream NGL assets to Phillips 66 for $2.2 billion.
Increasing gas demand is expected to rally prices and boost midstream planning as a new Trump administration pledges to loosen permitting—setting the stage for M&A in the Appalachian Basin.
Several online trackers are following the flow of Inflation Reduction Act money, but a full accounting of the billions already obligated by the Biden administration is a monumental task.
Canadian Solar’s e-STORAGE received contracts for the 1-GWh Coalburn 2 and the 1-GWh Devilla projects in the U.K.
While the U.S. Energy Information Administration report came in under analysts’ expectations, natural gas prices gained on Jan. 8.
Pioneer Energy said it will allocate most of the funds toward advancing its Emission Control Treater, a near zero emissions well pad production technology, as it implements projects in the Eagle Ford, Cotton Valley and Colorado.
