North Dakota Oil Output Fully Restored, Nationwide Outages Dropping

Conventional Energy, Latest, Oil, US News / By

(Reuters) – All of North Dakota’s crude production was back online on Friday, state regulators said, after recovering from an arctic blast from a winter storm that has disrupted production nationwide. North Dakota is the third-largest oil-producing U.S. state, and output totaled 1.189 million barrels per day in November, the latest monthly data from the …

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Chevron Can Process Another 100,000 bpd of Venezuelan Crude at its US Refineries, CEO Says

Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Oil, US News / By

(Reuters) – Chevron CEO Mike Wirth said on Friday the U.S. oil major can process an additional 100,000 barrels per day of Venezuelan crude at its refineries. “We’ve been bringing about 50,000 barrels a day, give or take, into our Pascagoula, Mississippi, refinery on the Gulf Coast. We can take another 100,000 barrels a day …

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Mexico to Seek Diplomatic Solution After US Threatens Cuba Oil Tariffs

CDN and International News, Conventional Energy, Latest, Oil / By

(Reuters) – Mexico’s President Claudia Sheinbaum said on Friday her country would seek diplomatic solutions and alternatives to help Cuba after the United States threatened tariffs on nations that supply the Caribbean nation with oil. “We need to know the scope because we don’t want to put our country at risk in terms of tariffs,” …

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Chevron in Talks With Iraq, Libya to Evaluate Exploration Opportunities

Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Oil, US News / By

Chevron CEO Mike Wirth said on Friday the U.S. oil major was in discussions with the governments of Iraq and Libya to look at existing producing oilfields and evaluate exploration opportunities. The company needed to see compelling investment return potential in those countries, Wirth added. Reporting by Vallari Srivastava in Bengaluru and Sheila Dang in …

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US Share of Europe’s LNG Imports Increased to 60% in January

Conventional Energy, Latest, LNG, US News / By

(Reuters) – The United States supplied 60% of the European Union’s liquefied natural gas this month, data showed on Friday, confirming its role as Europe’s dominant LNG supplier as some European officials become wary of growing reliance on U.S. energy. The 60% share was an increase from both last month and January 2025, when the …

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Extreme Cold Disrupts Hydro-Québec Exports to Massachusetts During Spike in Power Use

Hydro, Latest, Renewable Energy, US News / By

Extreme cold forced Hydro-Québec to temporarily suspend its energy exports to Massachusetts just one week after inaugurating its new line. Hydro-Québec and the Massachusetts Executive Office of Energy and Environmental Affairs both confirmed the news, which was first reported by specialized media outlet E&E News. The decision came as last weekend’s polar vortex led to …

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Ranked: Which Countries Hold the Most U.S. Debt? – Visual Capitalist

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By Dorothy Neufeld | Graphics/Design: Amy Kuo Key Takeaways Foreign holdings of U.S. Treasuries hit an all-time high of $9.4 trillion in November, despite notable selloffs from China and India. Japan’s holdings of U.S. debt increased 11% annually to reach $1.2 trillion, while Canada’s purchases climbed 27% over the period, with the total now at …

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Union Rejects Contract Offer From Marathon

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

(Reuters) – The United Steelworkers union rejected a comprehensive contract offer from Marathon Petroleum in talks for a national pattern agreement for U.S. refinery and chemical plant workers, the union said on Wednesday night. The USW and Marathon, lead negotiators for energy companies, face a 12:01 a.m. deadline on Sunday to hammer out a new …

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Exxon Says It Has The Technology Needed for Venezuela’s High-Cost Crude

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(Reuters) – Exxon Mobil CEO Darren Woods told analysts on Friday that the company has the technology that would be needed to produce higher cost barrels from Venezuela. While he had previously called the South American country “uninvestable” in remarks earlier this month at a White House meeting that later drew a rebuke from President …

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Half of Americans at High Risk of Power Shortfalls Amid AI Boom

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

By Naureen S Malik and Ari Natter As many as 151 million Americans are at high risk of power shortfalls — or outright blackouts — over the next five years because of extreme weather, natural gas system vulnerabilities and soaring electricity demand, according to a report by the grid reliability regulator. Areas deemed at high …

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