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US Utilities Increase Spending Plans to $1.5 Trillion Through 2030, Research Report Says

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

(Reuters) – U.S. electric utilities expect to spend $1.4 trillion on power lines and other infrastructure-related costs over the next five years, raising concerns about rising power bills ahead for American homes and businesses, according to research released on Tuesday. Utilities’ five-year capital expenditure plans rose 20% from last year’s reported plans, said PowerLines, a …

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US to Allow Waiver on Iran Oil to Expire, Administration Sources Say

Conventional Energy, Latest, Oil, US News / By

(Reuters) – The Trump administration will allow a 30-day waiver of sanctions on Iranian oil at sea to expire later this week, two administration officials told Reuters on Tuesday, as the U.S. imposes a blockade on shipments from Iranian ports. The move signals that “Treasury is going full force on Economic Fury,” on Iran, an …

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US Treasury’s Bessent Says China Has Been Unreliable Partner by Hoarding Oil During War

Conventional Energy, Latest, Oil, US News / By

(Reuters) – U.S. Treasury Secretary Scott Bessent on Tuesday said China had been an unreliable global partner during the Middle East war by hoarding oil supplies and limiting exports of some goods, mirroring its actions with medical goods during the COVID-19 pandemic. Bessent told reporters he had spoken with Chinese officials about the issue. He …

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Williams CEO Says PA-NY Constitution Natgas Pipe Could be Online as Soon as 2027

Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Pipelines, US News / By

(Rueters) – U.S. energy company Williams Cos CEO Chad Zamarin said on Tuesday the long-delayed Constitution natural gas pipeline from Pennsylvania to New York could be operational as soon as the end of 2027, if all goes as planned with the controversial project. Zamarin made the comments in Brooklyn, New York, at the groundbreaking of …

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US Democratic Lawmaker Pushes for Probe Into Oil Trades After Reuters Report

Latest, US News / By

(Reuters) – U.S. Democratic Congressman Ritchie Torres on Tuesday wrote to U.S. market regulators pushing for an investigation into large oil trades placed just hours before the announcement of the U.S.-Iran ceasefire that Reuters first reported last week. Torres, who wrote to regulators last week to push for a probe into lucrative recent trading activity …

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BP’s New CEO to Simplify Company Structure into Upstream, Downstream Units

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

By Shadia Nasralla BP had upstream/downstream structure before 2020 transition push No clear timeline set yet for reorganisation Meg O’Neill became CEO on April 1 LONDON, April 14 (Reuters) – BP (BP.L) will reorganise into ‌two main business units – upstream and downstream – under new CEO Meg O’Neill, who took the helm on April …

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US Power and Natgas Prices Turn Negative in Texas and California as Mild Weather Cuts Demand

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

By Scott Disavino Pipeline constraints in Permian region trap gas, causing record negative Waha Hub prices California power and gas prices turn negative amid low demand and abundant hydropower NWRFC projects above-normal water flows at Dalles Dam, boosting hydropower supply in Northwest NEW YORK, April 14 (Reuters) – U.S. spot power and ​natural gas prices …

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 Tankers Pass Strait of Hormuz on First Day of US Blockade, Data Shows

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

A third Iran-linked tanker was entering the Gulf via the Strait of Hormuz on Tuesday on the first full day of the U.S. blockade on vessels calling at Iranian ports, shipping data showed. U.S. President Donald Trump announced the blockade on Sunday after weekend peace talks in Islamabad between the U.S. and Iran failed to …

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Investors See Oil Below $90 a Barrel by Year-End, BofA Survey Finds

Conventional Energy, Latest, Oil, US News / By

A plurality of investors expect benchmark Brent oil to trade between $80 and $90 a barrel by the end of this year, according to a BofA survey of fund managers published on Tuesday, down from its current level just under $100. Investor sentiment was also at its most bearish in 10 months, but few are …

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Global Energy Show: The 2026 Executive Conference Program Is Now Live

Company Announcements, Latest, Press Releases / By

Capitalizing Canada’s role in an increasingly competitive global energy system. The global energy system is entering a period of intensified competition for energy security, supply, capital and long-term market access, as recent expansion across LNG, nuclear and export infrastructure moves into its next phase. Investment is concentrating in jurisdictions that can deliver reliable supply, scalable …

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