US Court to Weigh New York Project Challenge to Trump Offshore Wind Halt

(Reuters) – A U.S. judge on Wednesday will consider whether to allow Norwegian offshore wind developer Equinor to resume construction of the Empire Wind project off the coast of New York as the company sues the Trump administration over its suspension of the industry in federal waters. The hearing in U.S. District Court in Washington comes two …

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Data Centers to Drive Strongest Four-Year Growth in US Power Demand Since 2000, EIA Says

The U.S. Energy Information Administration forecasts U.S. electricity use to rise by 1% this year and 3% in 2027, marking the first time since 2007 that power demand has risen for four years in a row and the strongest four-year growth period since 2000.“The driving factor behind this surge is increasing demand from large computing …

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US Files for Warrants to Seize Dozens More Venezuela-Linked Oil Tankers

Summary US has seized five sanctioned vessels as it keeps grip on Venezuelan exports More seizures could come, but action paused since Friday Russia, which relies on shadow fleet, has said seizures were illegal (Reuters) – The U.S. government has filed for court warrants to seize dozens more tankers linked to the Venezuelan oil trade, …

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US Natgas Output to Hit Record High in 2026, While Demand Declines, EIA Says

(Reuters) – U.S. natural gas output will rise to a record high in 2026, while demand will decline, the U.S. Energy Information Administration said in its Short-Term Energy Outlook on Tuesday. EIA projected dry gas production will rise from a record 107.4 billion cubic feet per day in 2025 to 108.8 bcfd in 2026 and …

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Trump Set to Limit States’ Ability to Block Energy Projects in Water Rule

(Reuters) – The Trump administration on Tuesday proposed a rule revising Biden-era pollution protections for waterways, a move the Environmental Protection Agency said would speed permitting of energy and artificial intelligence infrastructure. The proposed rule would revise a 2023 rule by former President Joe Biden’s administration on Section 401 of the Clean Water Act that …

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Canadian Oil Tycoon Proposes Aiding US in Venezuela’s Oil Revival

A Canadian tycoon who heads one of North America’s fastest-growing oil companies is advocating for his country to lend its heavy oil expertise to the United States as it seeks to rebuild Venezuela’s oil industry. Adam Waterous, the executive chair of Strathcona Resources, said Canada’s decades of experience extracting oil sands crude make it uniquely …

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Whiting Refinery Workers Begin Contract Negotiations With BP

Workers at BP’s refinery in Whiting, Indiana are in contract negotiations with the British oil major, which has proposed changes including job cuts at the 440,000-barrel-per-day facility, the United Steelworkers union said on Tuesday. The local USW union represents around 800 workers at Whiting, the largest refinery in the U.S. Midwest. The current three-year collective …

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WTI Oil Discount to Brent Largest in Eight Months as More Venezuelan Crude Expected in US

(Reuters) – The discount on U.S. crude futures to the global benchmark Brent has grown by around $1 per barrel since the U.S. ousted Venezuelan President Nicolas Maduro on January 3 and took control of the South American country’s oil flows, redirecting millions of those barrels to U.S. ports in a move likely to boost …

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US Crude Output to Ease in 2026, While Demand Remains Flat, Says EIA Data

(Reuters) – U.S. crude production will ease in 2026 and 2027 after reaching a record high in 2025, while petroleum demand will hold steady this year, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected crude production will slide to 13.59 million barrels per day (bpd) …

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US Oil Drilling to Slow as Prices Slump, Venezuela Growth Could Amplify Pressure, EIA Says

(Reuters) – Lower oil prices are expected to cut U.S. drilling activity and reduce output 1% this year from the top producing country, while potentially higher output from Venezuela could add pressure, the Energy Information Administration said on Tuesday. The comments from the Department of Energy’s statistical arm add to worries expressed by some U.S. …

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