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(Reuters) – U.S. energy firms had the biggest weekly increase in rigs since June 2022, energy services firm Baker Hughes said in its report on Friday. The total oil and gas rig count, an early indicator of future output, rose by 10 in the week to June 26, the largest weekly jump in four years. …
US Energy Firms Add Most Rigs in a Week Since June 2022, Baker Hughes Says Read More »
Ukraine has stepped up attacks on Russian energy facilities in recent months, targeting the country’s infrastructurein a war now well into its fifth year. The drone attacks are worsening fuel shortages in Russia, where people have reported rising prices and long queues at the filling stations across most regions. Following is a summary of the …
Ukraine Attacks Russian Energy Sites – What Has Been Hit? Read More »
By America Hernandez Court rules ‘duty of vigilance law’ applies to climate risks Judges stop short of imposing binding business measures Prosecutors had said law should not apply to climate change Total will comply but is considering its legal options PARIS, June 25 (Reuters) – French oil major TotalEnergies (TTEF.PA) must disclose the climate risks …
TotalEnergies Must Address Climate Risks Linked to its Products, French Court Rules Read More »
By Joey Roulette SpaceX plans to start building 8-mile pipeline next month Project would fuel more launches of Starship moon rocket Pipeline is part of sprawling SpaceX gas plans in Texas WASHINGTON, June 25 (Reuters) – SpaceX (SPCX.O) plans to begin next month building an eight‑mile (13-km) natural gas pipeline called “Starpipe” to its Texas …
SpaceX Plans to Build ‘Starpipe’ Natural Gas Pipeline to Fuel Starship Rockets Read More »
By Kate Abnett BRUSSELS, June 23 (Reuters) – The owner of the Gazprom-controlled Nord Stream 2 gas pipeline is suing the European Union in the bloc’s second-highest court, seeking to annul the EU’s binding phase-out of gas imports from Russia, a public document showed. The EU approved a law this year to halt all Russian …
Nord Stream 2 Pipeline Owner Sues EU Over Russian Gas Ban Read More »
By Stella Mackler and Julian Hast US natural gas futures declined as forecasts shifted to show cooler weather in the coming weeks, suggesting a decline in demand for gas-fired electricity as consumers pull back on using air-conditioners. Kinder Morgan’s Gulf Coast Express pipeline expansion project also entered service, indicating more gas will be moving out …
US Natural Gas Drops on Cooler Outlooks, New Pipeline Capacity Read More »
(Reuters) – The Trump administration on Monday proposed looser rules for oil and gas drilling operations on federal lands, including a dramatic cut to clean-up costs for abandoned wells. The moves are aligned with President Donald Trump’s goal to reduce regulations for businesses and make it easier to invest in production of domestic fossil fuels. …
US Proposes to Slash Costs for Energy Drillers on Federal Lands Read More »
Takeaways by Bloomberg AI Chevron Corp. signed a 20-year deal with Microsoft Corp. to provide natural-gas fired power for a proposed West Texas data center. The power plant, named Project Kilby, is expected to provide first power by 2028 and will ramp up to 2.67 gigawatts over time. The partnership with Chevron is expected to supply …
Microsoft and Chevron Sign 20-Year Power Deal For Texas Data Center Read More »
A top US energy regulator voted to ease environmental requirements for pipelines and other natural gas projects, saying they’re not needed after a recent Supreme Court ruling. The five-member Federal Energy Regulatory Commission moved on Thursday to no longer require an analysis of cumulative impacts, part of the decades-old National Environmental Policy Act. That policy requires an examination …
MAKING PROJECTS EASIER: US Eases Environmental Reviews for Natural Gas Projects Read More »
API – American Petroleum Institute June 17, 2026 Energy supply matters, but so does the ability to move it where it’s needed. The disruption in the Strait of Hormuz has tested global energy markets and reinforced this important lesson. This week’s American Energy Snapshot explores one of the tools the U.S. government is using to …
How Jones Act Waivers Keep Energy Moving – API Feature Read More »
