Conventional Energy

Auto Added by WPeMatico

US Natgas Prices Jump 5% to 1-Week High on Hotter Weather Forecasts, Rising LNG Exports

Conventional Energy, Latest, LNG, Natural Gas, US News / By

(Reuters) – U.S. natural gas futures jumped about 5% to a one-week high on Monday on forecasts for hotter weather over the next two weeks than previously expected and rising flows of gas to liquefied natural gas (LNG) export plants. Front-month gas futures for August delivery on the New York Mercantile Exchange rose 15.2 cents, …

US Natgas Prices Jump 5% to 1-Week High on Hotter Weather Forecasts, Rising LNG Exports Read More »

Trump to Unveil $70 Billion in AI and Energy Investments

Artificial Inteligence, Coal, Conventional Energy, Electricity Grid, Energy Topics & Technology, Latest, LNG, Natural Gas, Nuclear, Oil, US News / By

PITTSBURGH, July 14 (Reuters) – U.S. President Donald Trump will announce $70 billion in artificial-intelligence and energy investments on Tuesday, according to a White House official and a person familiar with the initiatives. Trump will reveal details of these new initiatives at an event near Pittsburgh, where he will be joined by Republican Senator David …

Trump to Unveil $70 Billion in AI and Energy Investments Read More »

Oil Falls as Trump Gives Russia 50 Days to Avoid New Sanctions

Conventional Energy, Latest, Oil, US News / By

By Nicole Jao US threatens to hit buyers of Russian exports with sanctions China’s crude imports at highest level since August 2023 EU set to lower Russian oil price cap, sources say NEW YORK, July 14 (Reuters) – Oil prices settled down on Monday by more than $1, as investors weighed new threats from U.S. …

Oil Falls as Trump Gives Russia 50 Days to Avoid New Sanctions Read More »

In Reversal, Trump Arms Ukraine and Threatens Sanctions on Countries that Buy Russian Oil

Conventional Energy, Latest, Oil, US News / By

By Anastasiia Malenko, Steve Holland and Dan Peleschuk Trump threatens secondary sanctions on Russia in 50 days Says up to 17 Patriot batteries could be available ‘very soon’ Russian markets rise, suggesting relief over delay KYIV/WASHINGTON, July 14 (Reuters) – U.S. President Donald Trump announced new weapons for Ukraine on Monday, and threatened sanctions on …

In Reversal, Trump Arms Ukraine and Threatens Sanctions on Countries that Buy Russian Oil Read More »

Venture Global Begins Producing LNG From Phase 2 of Plaquemines Plant, Sources Say

Conventional Energy, Latest, LNG, US News / By

(Reuters) – Venture Global has started producing liquefied natural gas from Phase 2 of its Plaquemines export facility in Louisiana, according to two people familiar with its operations as well as LSEG ship tracking data and federal filings. In the last six months, the United States’ second-largest LNG producer has exported LNG from Phase 1 …

Venture Global Begins Producing LNG From Phase 2 of Plaquemines Plant, Sources Say Read More »

Goldman Sachs Raises Brent Second-Half 2025 Price Forecast by $5 to $66 a Barrel

Conventional Energy, Energy Topics & Technology, Finance, Forecasts, Latest, Oil, US News / By

(Reuters) – Goldman Sachs on Monday raised its Brent oil price forecast for the second half of 2025 by $5 to $66 per barrel due to supply disruption risks, lower stocks in Organisation for Economic Co-operation and Development countries and rising concerns about Russia’s production constraints. The bank also increased its forecast for U.S. West …

Goldman Sachs Raises Brent Second-Half 2025 Price Forecast by $5 to $66 a Barrel Read More »

Soaring Saudi Exports and Trade Tensions Will Test Oil Price Resilience: Bousso

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

By Ron Bousso Oil demand growth slows sharply in second quarter Saudi oil exports set to surge to 7.5 mln bpd in July amid higher production Saudi power generation crude burn limits exports during summer LONDON, July 14 – Oil markets have remained remarkably resilient so far this year, despite concerns over U.S. President Donald …

Soaring Saudi Exports and Trade Tensions Will Test Oil Price Resilience: Bousso Read More »

Serbia Seeks Fifth US Sanctions Waiver for Russian-Owned Oil Firm NIS, Minister Says

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

BELGRADE, July 14 (Reuters) – Talks between Belgrade and the United States over postponing sanctions against Russian-owned Serbian oil company NIS for a fifth time have been marred with difficulties, Serbian mining and energy minister Dubravka Djedovic Handanovic said on Monday. NIS (NIIS.BEL) has so far secured a fourth reprieve, which is due to expire …

Serbia Seeks Fifth US Sanctions Waiver for Russian-Owned Oil Firm NIS, Minister Says Read More »

US Natgas End-of-Season Storage Seen at Three-Year Low in October

Conventional Energy, Latest, Natural Gas, US News / By

(Reuters) – U.S. natural gas storage is on track to end the April-October summer injection season at a three-year low of 3.797 trillion cubic feet (tcf) on October 31, 2025, according to analysts’ estimates. That compares with an eight-year high of around 3.938 tcf at the end of the summer injection season in 2024 and …

US Natgas End-of-Season Storage Seen at Three-Year Low in October Read More »

US Natgas Prices Steady as Rising LNG Exports Offset Less Hot Forecasts

Conventional Energy, Latest, LNG, Natural Gas, US News / By

(Reuters) – U.S. natural gas futures held steady on Friday as rising flows to liquefied natural gas (LNG) export plants offset forecasts for less hot weather and lower demand next week than previously expected. Front-month gas futures for August delivery on the New York Mercantile Exchange rose 1.4 cents, or 0.4%, to $3.351 per million …

US Natgas Prices Steady as Rising LNG Exports Offset Less Hot Forecasts Read More »

Subscribe
Subscribe