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By Michael S. Derby New York Fed president expects energy prices to cool in remainder of 2026 He declines to say what Fed should do at next policy meeting Williams says balance sheet changes should focus on bank safety NEW YORK, July 9 (Reuters) – New York Federal Reserve President John Williams said on Thursday …
Fed’s Williams Expects Energy Prices to Abate Even as Iran War Flares Read More »
By Neil Ford Canada’s new national power strategy creates huge investment opportunities for grids and clean power while loosening restrictions on gas-fired plants. July 7 – In May, Prime Minister Mark Carney announced plans to double national power generation and grid capacity by 2050 at an estimated cost of C$1 trillion ($729 billion). The National …
Canada Carves Role for Gas in Clean Power Grid Strategy Read More »
(Reuters) – A Qatari tanker loaded with liquefied natural gas (LNG) was at risk of exploding, one source said, after it sustained significant damage in an attack on the Omani side of the Strait of Hormuz on Tuesday. While the LNG industry has experienced a few accidents at onshore facilities, there has never been a …
By API – American Petroleum Institute When Iran closed the Strait of Hormuz, gasoline prices in California rocketed higher. In West Texas, spot prices for natural gas have been negative for months. And in Boston, winter heating bills have been higher than in nearby states, despite its proximity to natural gas producing regions. Three energy …
AMERICAN ENERGY SNAPSHOT: How Missing Infrastructure Affects Three Energy Markets Read More »
By Robert Tuttle Pembina Pipeline Corp. will move ahead with a C$4.6 billion ($3.2 billion) gas-fired electricity plant that will power a data center project in Alberta. The Greenlight Electricity Center, a 932-megawatt plant to be built in Sturgeon County, will serve a “major data center” development, Pembina, Morgan Stanley Infrastructure Partners and Kineticor Asset …
Canada’s Pembina Advances Gas-Fired Data Center Project Read More »
Fracking, booming power demand and enthusiastic political support have underpinned the fuel’s rise, but for how long? By Julian Hast and Nathan Risser The transformation of the US and its economy over the last 250 years can be tracked through its energy use: An early dependency on burning wood gradually gave way to coal, and …
By Jonathan Stempel July 2 (Reuters) – A divided federal appeals court on Thursday upheld a ban covering four Los Angeles-area counties on the manufacture, sale and installation of various appliances that emit nitrous oxides, rejecting claims by appliance makers and trade groups that the pollution control measure conflicted with federal law. In a 2-1 …
Los Angeles-Area Gas Appliance Ban Upheld by US Appeals Court Read More »
(Reuters) – U.S. energy firms this week added rigs for a third week in a row, energy services firm Baker Hughes said in its closely followed report on Thursday. The total oil and gas rig count, an early indicator of future output, rose by 7 to 580 in the week to July 2, its highest …
US Energy Firms Add Rigs for Third Week in a Row, Says Baker Hughes Read More »
Activist investors pushed global companies more aggressively in the second quarter to make changes and lifted the overall pace of campaigns in the first half of 2026, Barclays data showed, as their biggest demand was for businesses to sell themselves in a rebounding deal market. Compared with the first half of 2025, activists such as …
Activist Investors Make Bigger Push for Campaigns in H1, Seek More M&A Read More »
(Reuters) – U.S. natural gas futures climbed about 3% on Tuesday on rising flows to liquefied natural gas (LNG) export plants and forecasts for record power demand in some parts of the country as homes and businesses crank up air conditioners to escape a brutal heat wave. Front-month gas futures for August delivery on the …
US Natgas Advances 3% on Rising LNG Flows, Record Heat Read More »
