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Kuwait Readies $7 Billion Pipeline Deal as Gulf Turns to Foreign Capital

(Reuters) – Gulf governments are stepping up infrastructure deals with foreign investors, with Kuwait set to launch an oil pipeline network stake sale as soon as February in a deal that could raise up to $7 billion, three sources with knowledge of the matter said. The shift comes as oil prices, down more than 25% …

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Forecast Record Electricity Demand to Test Largest US Power Grid, Blackout Chances Rise

By Tim McLaughlin and Laila Kearney Transmission congestion leads to soaring electricity prices Natural gas supply issues contribute to generator outages and price spikes PJM high-voltage line restrictions expected to average nearly 13 hours on Thursday BOSTON/NEW YORK, Jan 28 (Reuters) – Transmission line congestion on the largest U.S. power grid is expected to soar …

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NY Regulators Oppose Filings for Williams’ Proposed PA-NY Constitution Natgas Pipeline

(Reuters) – New York’s environmental regulator said on Wednesday that it filed with federal energy regulators to oppose Williams Cos-led Constitution Pipeline’s bid to revive a permit to build the proposed, previously canceled natural gas pipeline from Pennsylvania to New York. Constitution recently petitioned the U.S. Federal Energy Regulatory Commission to reissue a Certificate of …

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US Crude Production Recovers After Winter Storm Ravages Output

By Georgina McCartney HOUSTON, Jan 28 – U.S. crude oil producers were bringing wells back online on Wednesday following a severe winter storm that swept across the country over the weekend, straining energy infrastructure and power grids. Domestic crude output is now estimated to be down around 600,000 barrels per day, roughly 4% of total …

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Greenland Crisis a Wake-Up Call on Energy Security, EU Energy Chief Says

By Kate Abnett BRUSSELS, Jan 28 – U.S. President Donald Trump’s push to take over Greenland has been a “wake-up call” to European governments to increase their energy security, the EU’s head of energy policy said on Wednesday. Europe has rapidly increased imports of liquefied natural gas from the U.S. as it races to cut …

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GE Vernova’s Wind Setbacks Overshadow Strong Showing From Power, Electrification Units

By Vallari Srivastava and Sumit Saha Jan 28 (Reuters) – GE Vernova (GEV.N) said on Wednesday that its wind power unit might take about $250 million revenue hit this year due to installation delays at an offshore Massachusetts project and that it was expecting a drop in order backlog. The company said the failure to …

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US Natural Gas Falls as Production Returns, Contract Expires

By Julian Hast US natural gas declined in thin trading on Wednesday as some gas production came back into service after being knocked offline by a powerful winter storm that sparked a record-shattering rally. February futures contract dropped 6.1%, or 42 cents, to $6.531 per million British thermal units as of 10:31 a.m. in New …

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Trump Nixes $1.8 Billion Biden-Era Loan to Arizona Utility for Clean Energy

By Ari Natter A $1.8 billion loan guarantee to an Arizona utility to deploy clean energy are among the projects the Energy Department has canceled following a review of loans made during former President Joe Biden’s administration, according to the department. The conditional loan guarantee to Arizona Public Service Company, a subsidiary of Pinnacle West …

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Judge Revives Martha’s Vineyard Wind Project Halted by Trump

By Mark Chediak and Brian Dowling A US judge said a nearly completed, $4.5 billion wind project off the coast of Massachusetts can resume construction weeks after the Trump administration required all such developments to stop work. US District Judge Brian Murphy on Tuesday granted Vineyard Wind’s request for a preliminary injunction, effectively reviving the …

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4Q25 U.S. Oil and Gas M&A Climbs to $23.5 Billion, 2025 Peaks at $65 Billion

Infusion of fresh capital and international buyers sharpens competition CALGARY, Alberta (January 28, 2026) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its summary of 4Q2025 U.S. upstream M&A activity and full-year analysis. After a midyear slowdown, U.S. upstream M&A …

4Q25 U.S. Oil and Gas M&A Climbs to $23.5 Billion, 2025 Peaks at $65 Billion Read More »