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US Oil Output Fell the Most in 2 Years During January Winter Storm, EIA Data Shows

Conventional Energy, Latest, Oil, US News / By

(Reuters) – U.S. crude oil output fell by the most in two years during January following a severe winter storm that knocked production offline in large swathes of the country, data from the Energy Information Administration showed on Tuesday. U.S. crude oil output fell 410,000 barrels per day month over month in January to 13.25 …

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US Warns Americans in Saudi Arabia to Shelter in Place After Threats

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(Reuters) – The State Department said on Tuesday it was monitoring threats to Americans in Saudi Arabia and warned all U.S. citizens in the country to shelter in place. “We are tracking reports of threats against locations where American citizens gather,” the U.S. Embassy in Saudi Arabia said in a travel advisory. “We advise U.S. …

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US Oil Heads to Greece for First Time in Four Years as Refiners Look for Alternatives to Middle East Crude

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(Reuters) – A cargo of WTI Midland crude headed to Greece for the first time in about four years, ship tracking data on Kpler showed, as U.S. and Israel’s war on Iran and reduced traffic through the Strait of Hormuz have upended trade flows and shut in output in the region. Isle of Man-flagged medium-sized …

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Edison Says Qatar Still Evaluating Impact of Iran Attack on LNG Supply

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(Reuters) – QatarEnergy has yet to update its liquefied natural gas (LNG) customers on the impacts of recent attacks on its gas plants, Edison CEO Nicola Monti said on Tuesday. Monti said a pause in LNG supply until mid-June, which QatarEnergy notified the Italian utility of last week, was mainly due to the shipping blockade …

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Hegseth: More Vessels are Flowing Through the Strait of Hormuz

Conventional Energy, Latest, LNG, Oil, US News / By

(Reuters) – More vessels are flowing through the Strait of Hormuz, U.S. Defense Secretary Pete Hegseth told a briefing on Tuesday. “There are countries around the world who ought to be prepared to step up on this critical waterway as well,” he told reporters. Reporting by Phil Stewart, writing by Michelle Nichols, editing by David …

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Half the World’s Oil Comes From Just Five Countries – Visual Capitalist

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By Niccolo Conte | Design Sam Parker Key Takeaways The U.S. was the world’s largest crude oil producer in 2025 at 13.58 million barrels per day, ahead of Russia (9.87) and Saudi Arabia (9.51). Middle Eastern countries produced 32.1% of global crude oil in 2025. Just five countries produced half of the world’s oil in …

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Constellation Plans $3.9 Billion Capex, Lifts Buyback Amid Clean Power Demand

Conventional Energy, Emission Reduction, Energy Topics & Technology, Environment, Latest, Natural Gas, US News / By

March 31 (Reuters) – Nuclear power producer Constellation ​Energy (CEG.O) on Tuesday said it plans $3.9 billion in capital spending and raised ‌its share buyback authorization to $5 billion, as it prepares to meet growing demand for clean electricity. U.S. power demand is expected to grow further after hitting a record high ​in 2025, driven …

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US Exempts Gulf of Mexico Drillers From Protecting Endangered Species

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

By Nichola Groom Exemption granted based on national security grounds Impacted species include critically endangered Rice’s whale Environmental groups vow to challenge vote in court Oil and gas industry says environmental protections remain March 31 (Reuters) – A federal panel, convened for the first time in more than three decades, voted unanimously on Tuesday ‌to …

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EU Tells Members to Prepare for ‘Prolonged Disruption’ to Energy Markets From Iran War

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(Reuters) – European Union governments should prepare for a “prolonged disruption” to energy markets as a result of the Iran war, the bloc’s energy chief has told countries’ ministers ahead of an emergency meeting on Tuesday. In a letter to energy ministers, dated March 30 and seen by Reuters, EU Energy Commissioner Dan Jorgensen said …

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Trump Urges Countries to Go to Strait of Hormuz and ‘Just Take It’

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(Reuters) – President Donald Trump on Tuesday urged countries that did not help in the U.S.-Israeli strikes on Iran to buy American oil and go to the Strait of Hormuz and “just TAKE it.” Trump singled out Britain and France as unhelpful in the month-long war that has roiled global markets, driven up energy prices …

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