US News

Auto Added by WPeMatico

Princeton Endowment Backs Out of Oil and Gas Divestment Pledge

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

By Janet Lorin People walk on the Princeton University campus in Princeton, New Jersey. Photographer: Craig Warga/Bloomberg Princeton University’s endowment is backtracking on its pledge to divest from publicly traded oil and gas companies, four years after it said it would exit such holdings as way to move toward a net-zero portfolio. A trustee-mandated decision …

Princeton Endowment Backs Out of Oil and Gas Divestment Pledge Read More »

US Crude Exports Hit Record High in May as Iran War Tightens Global Oil Supplies

Conventional Energy, Latest, Oil, US News / By

(Reuters) – U.S. crude exports climbed to a record 5.6 million barrels per day in May as the Middle East crisis pushed up demand for the country’s oil from Asian and European refiners, ship tracking estimates showed on Monday. The U.S. and Israel’s war with Iran triggered the largest-ever disruption to the global energy market …

US Crude Exports Hit Record High in May as Iran War Tightens Global Oil Supplies Read More »

MANUFACTURED BACKLASH: How Big Green Astroturf Is Sabotaging North America’s AI Future – Tammy Nemeth & David Blackmon

Artificial Intelligence, Energy Topics & Technology, Latest, US News / By

  By Tammy Nemeth & David Blackmon Across rural Virginia, suburban Utah, and farm communities in the Midwest, residents are showing up at planning meetings to voice real worries about massive new data centers: noise, water use, electricity demand, and the conversion of farmland into industrial zones matter. Yet what appears as spontaneous local pushback …

MANUFACTURED BACKLASH: How Big Green Astroturf Is Sabotaging North America’s AI Future – Tammy Nemeth & David Blackmon Read More »

Iran is Stopping Message Exchanges With U.S., May Block Hormuz, Tasnim News Agency Says

Latest, US News / By

(Reuters) – Iran’s Tasnim news agency said on Monday that Tehran’s negotiating team is stopping exchanges of messages with the United States through mediators due to attacks on Lebanon, as diplomatic efforts to end the three-month-old Iran war continue. The agency said Iran and the Resistance Front, which includes its Shiite allies in Yemen, Lebanon …

Iran is Stopping Message Exchanges With U.S., May Block Hormuz, Tasnim News Agency Says Read More »

Weatherford to Acquire Oilfield Tech Firm NCS Multistage

Energy Topics & Technology, Exploration & Production, Latest, Mergers and Acquisitions, US News / By

(Reuters) – Oilfield services provider Weatherford International said on Monday it has agreed to acquire energy technology firm NCS Multistage Holdings in a cash-and-stock deal. On a blended basis, Weatherford will pay the equivalent of 0.463 of its shares for each NCS share, with roughly 20% of the consideration in cash. Based on Reuters calculations, …

Weatherford to Acquire Oilfield Tech Firm NCS Multistage Read More »

US Says it Struck Iranian Military Sites, Tehran Responds with Air Base Attack

Conventional Energy, Latest, US News / By

The U.S. said it struck Iranian military sites at the weekend and Iran’s Revolutionary Guards said on Monday it had targeted a U.S. base in response, the latest exchange of attacks amid negotiations to end the three-month-old war. The U.S. and Iran have sporadically exchanged strikes since their ceasefire took effect in early April as …

US Says it Struck Iranian Military Sites, Tehran Responds with Air Base Attack Read More »

Goldman Sachs Flags Demand Weakness as Key Risk to Oil Price Outlook

Conventional Energy, Latest, Oil, US News / By

  Goldman Sachs said late Sunday that weak oil demand in China and Europe poses a major downside risk to its fourth-quarter Brent crude forecast of $90 a barrel and WTI forecast of $83, although Middle East supply disruptions could still push prices higher. Here are a few details: * April retail sales data from …

Goldman Sachs Flags Demand Weakness as Key Risk to Oil Price Outlook Read More »

Oil Prices Rise as US, Iran Trade Strikes, Israel Moves Further Into Lebanon

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Israel orders troops to advance further into Lebanon US proposes gradual de-escalation plan for Israel and Lebanon Goldman Sachs flags weak oil demand in China and Europe Brent crude oil prices lost around ​a fifth in May (Reuters) – Oil prices rose more than 3% ‌on Monday after Iran and the U.S. traded strikes and Israel …

Oil Prices Rise as US, Iran Trade Strikes, Israel Moves Further Into Lebanon Read More »

Devon Energy Gets $8 Billion Offer for Marcellus Position, Sources Say

Energy Topics & Technology, Latest, Mergers and Acquisitions, Shale, US News / By

By David French and Shariq Khan Stone Ridge offers around $8 billion for Devon’s Marcellus shale position, sources say The Stone Ridge offer would be supported by largest ever ABS financing in US oil and gas, sources say Devon reviewing its business post-Coterra merger, prioritizing shareholder value and capital allocation Unclear whether Stone Ridge offer …

Devon Energy Gets $8 Billion Offer for Marcellus Position, Sources Say Read More »

Oil Falls on Hopes for US-Iran Ceasefire Agreement

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

By Erwin Seba Brent and WTI register steepest weekly losses since April US-Iran ceasefire deal not finalised US crude, gasoline and distillate stockpiles fell last week -EIA HOUSTON, May 29 (Reuters) – Oil futures fell more than 2% on Friday, closing out their steepest ​weekly decline since early April as traders awaited word that the …

Oil Falls on Hopes for US-Iran Ceasefire Agreement Read More »

Subscribe
Subscribe