Auto Added by WPeMatico
By Lucia Kassai Chevron Corp. has assembled its largest fleet of vessels in almost a year to ship Venezuelan crude, after the US moved to exert control over the country’s oil sector following the capture of leader Nicolas Maduro. The oil major, which holds a license to export US-sanctioned crude, sent 15 vessels this month …
Chevron Amasses Largest Fleet in Almost a Year to Ship Venezuelan Oil Read More »
Democrats shouldn’t be afraid to take more aggressive actions on clean energy, former Energy Secretary Jennifer Granholm said. By Michelle Ma and Mark Chediak President Donald Trump’s scorched-earth approach toward renewable energy can offer inspiration for a future Democratic administration looking to retake the initiative to cut emissions, according to Jennifer Granholm, energy secretary under …
What Democrats Can Learn From the Trump Energy Playbook Read More »
(Reuters) – Surging natural gas prices in the U.S. and Europe have dominated energy market attention so far this year, but several sector stocks that have hit multi-year highs likely encapsulate the broader themes driving energy investing in 2026 as a whole. A slew of North America-listed firms – including the makers of grid components, …
Six High-Flying Energy Stocks Catching Investor Interest in Early 2026 Read More »
U.S. natural gas futures soared by a record 114% over five days to a three-year high on Monday after an Arctic blast over the weekend froze oil and gas wells and pipes, cutting gas production to a two-year low on Sunday. On Monday, front-month gas futures for February delivery on the New York Mercantile …
US Natgas Futures Soar 114% Over Five days as Freezing Wells Cut Output to Two-Year Low Read More »
(Reuters) – Cenovus Energy’s 172,000-barrel-per-day Lima, Ohio, refinery experienced mechanical issues caused by a major winter storm that hit much of the United States over the weekend, industry monitor IIR Energy said on Monday. The refinery experienced mechanical issues brought about by the storm on Sunday, IIR Energy said, adding that efforts to fix the …
(Reuters) – U.S. oil producers lost up to 2 million barrels per day or roughly 15% of national production over the weekend, analysts and traders estimated, as a winter storm swept across the country, straining energy infrastructure and power grids. Oil production outages peaked on Saturday, consultancy Energy Aspects estimated, with the Permian Basin likely …
US Energy Sector Reels After Winter Storm Knocks Out 2 Million bpd of Crude Output Read More »
(Reuters) – U.S. shale production could fall by as much as 400,000 barrels of oil per day in 2026 if OPEC countries try to increase market share and oil prices fall to as low as $40 a barrel, according to Rystad Energy CEO Jarand Rystad. U.S. shale production could remain flat if prices stay close …
(Reuters) – The Trump administration on Monday invited the oil and gas industry to nominate areas for a potential sale of offshore oil and gas leases in Southern and Central California to be held as soon as next year. WHY IT’S IMPORTANT The move is part of a push by U.S. President Donald Trump’s Interior …
(Reuters) – Oilfield services company Baker Hughes said on Monday that there is significant revenue opportunity in Venezuela, with the main considerations for operating there being safety and conditions for employees, and clarity on legal and regulatory frameworks. The Houston-headquartered company has been working with authorities on Venezuela after the U.S. earlier this month removed …
Baker Hughes Sees Significant Revenue Opportunity in Venezuela Read More »
By Julian Lee Oil traders seeking to plot the path for prices this year are juggling sharply different assessments of the supply-demand outlook, from a huge surplus to a broadly balanced market. The world’s three main forecasting agencies — the International Energy Agency, the US Energy Information Administration and the Organization of the Petroleum Exporting …
Oil Market’s Watchmen Are at Loggerheads Over 2026 Outlook Read More »
