BP Says Whiting, Indiana Refinery Offered to Meet Union, Awaits Response

BP on Friday said representatives from its 440,000-barrel-per-day oil refinery in Whiting, Indiana had offered to meet United Steelworkers Local 7-1 next week but had yet to receive confirmation from the union. “At our last negotiating session on Monday, October 26, BP again provided revised contract language to address union concerns. We had also expected …

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Power Producer Vistra Says it Has Not Seen Demand Shift From Texas to PJM After US Midterms

By Varun Sahay Nov 6 (Reuters) – US power producer Vistra (VST.N) said on Friday demand from hyperscalers and other large-load customers remained strong and ​had not shifted from Texas to the PJM ‌market after the recent US midterm elections. The comments come as investors assess the potential impact of increased scrutiny of large electricity …

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QatarEnergy Eyes NextDecade Train 6 Supply in Latest US LNG Push, Sources Say

By Curtis Williams and Marwa Rashad QatarEnergy in talks to buy LNG from Next Decade Company could purchase up to 2mtpa Volumes could come from Rio Grande Train 6 if it is greenlit HOUSTON/LONDON, Nov 6 (Reuters) – QatarEnergy is in advanced talks with NextDecade to buy up ‌to 2 million metric tons per annum …

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U.S. Rig Count Climbs to 604 as Oil and Natural Gas Drilling Edge Higher

U.S. drilling activity increased slightly this week as producers added both oil and natural gas rigs, keeping the national fleet above 600 for a fifth consecutive week. The U.S. rig count rose by one to 604 for the week ended November 6, according to the latest Baker Hughes North America Rig Count Report. That leaves …

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Enbridge Expresses Interest in Building Pipeline for Canada’s Pathways Carbon Capture Network

By Amanda Stephenson and Sumit Saha Pathways project envisions 650-km CO2 pipeline to Cold Lake storage hub Consortium targets late 2027 for final investment decision Enbridge quarterly earnings nearly double to C$1.29 billion, company says Nov 6 (Reuters) – Canada’s Enbridge (ENB.TO) is interested in building a CO2 transportation pipeline that is ‌part of the …

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INSIGHT: AI Scaling Race Accelerates Investments in Microgrid Technology

By Anna Flávia Rochas Surging data center demand is spurring acquisitions in microgrid companies and day-and-night power providers, creating opportunities from construction to services. October 26 – Soaring demand from data center developers, widespread integration of clean power and dwindling grid capacity on regional networks has spurred investment and development in microgrid solutions. The U.S. …

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As High Oil Prices Curb Demand, Fresh Signs of Glut Appear

By Seher Dareen and Anushree Ashish Mukherjee JP Morgan sees global oil surplus at 1.4 million bpd in October Global oil stocks did not fall in September-October, Goldman says Brent swaps curve changes structure to suggest ample supply Brent futures curve still suggests tight prompt market LONDON, Nov 6 – The global oil market is …

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Soaring Freight Rates Give US Refiners Edge as Crude Discounts Widen

(Reuters) – The Iran conflict has sent tanker rates soaring, forcing sellers to deepen discounts on heavy crude grades and giving US Gulf Coast refiners a cost advantage over Asian rivals, executives said after reporting bumper third-quarter profits. Security threats around the Strait of Hormuz, a key maritime chokepoint through which about one-fifth of global …

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OIL PRICES FALL AGAIN as U.S. Election Results Fuel Hopes of Middle East Peace – WTI Below $90, Brent Near $98

EnergyNow Morning Oil Price Report Report Date & Time: November 6, 2026 – 5:33 a.m. MST – Using Trading View Prices See Up-To-Date Prices Here Summary WTI crude is lower at US$89.79 per barrel, down US$0.73, or 0.81%, from Thursday’s official settlement of US$90.52. Oil is retreating as expectations of Middle East de-escalation outweigh continuing …

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U.S. Upstream M&A Hits $12.6 Billion in 3Q26, October Tacks on Another $18 Billion – Enverus

Buyers take a swing at emerging intervals and redevelopment in a hot deal market CALGARY, Alberta (Nov. 5, 2026) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the leading energy data analytics platform, has released its summary of recent U.S. upstream M&A activity and market outlook, highlighting a steady third quarter led by private …

U.S. Upstream M&A Hits $12.6 Billion in 3Q26, October Tacks on Another $18 Billion – Enverus Read More »