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US Upstream M&A Market Rebounds in Q4, Hits $23.5 Billion, Enverus Says

Conventional Energy, Energy Topics & Technology, Latest, LNG, Mergers and Acquisitions, Natural Gas, Oil, US News / By

(Reuters) – The U.S. upstream mergers and acquisitions market regained momentum after a mid-year slowdown in the fourth quarter of 2025 reaching $23.5 ​billion in announced deals and pushing full-year activity to $65 billion, ‌analytics firm Enverus said on Wednesday. The rebound was driven by motivated buyers including refunded private equity teams, increased use of …

US Upstream M&A Market Rebounds in Q4, Hits $23.5 Billion, Enverus Says Read More »

More Than 400,000 US Customers Still Without Power as Winter Storm Freezes Much of the US

Electricity Grid, Energy Topics & Technology, Latest, US News / By

A severe winter storm that brought heavy snow, sleet and freezing rain has left more than 400,000 homes and businesses without power across a swath of the U.S., from the Ohio Valley and mid-South region to New England. The hardest-hit utilities included Nashville Electric Service (NES) in Tennessee, where 109,156 of 463,455 customers were without …

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US Intelligence Raises Doubts About Venezuela Leader’s Cooperation

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U.S. officials have said publicly they want the interim president to sever relations with close international allies like Iran, China and Russia, including expelling their diplomats and advisers from Venezuela. But Rodriguez, whose swearing-in ceremony was attended by representatives of those countries early this month, has yet to publicly announce such a move. She became …

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Chevron Seeks Better Terms From Iraq Before Taking Over Lukoil Oilfield, Sources Say

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

By Dmitry Zhdannikov and Aref Mohammed Chevron seeks improved terms for West Qurna 2 oilfield, sources say Iraq nationalized operatorship of oilfield after U.S. sanctions on Lukoil Iraq has improved oil contract terms in deals with majors in past two years (Reuters – BASRA/LONDON, Jan 27) – U.S. oil major Chevron is pushing Iraq to …

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U.S. to Issue General License Soon Lifting Some Sanctions on Venezuelan Oil Industry, Sources Say

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(Reuters) – U.S. officials are working to issue a general license soon that would lift some sanctions on Venezuela’s energy sector, three sources familiar with the preparation said on Tuesday, a shift from a previous plan to grant individual exemptions to sanctions for companies seeking to do business in the country. Following the U.S. capture …

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Mexico’s Sheinbaum Does Not Deny Halting Oil Shipment to Cuba

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(Reuters) – Mexican President Claudia Sheinbaum, pressed on Tuesday whether Mexico had halted oil shipments to Cuba amid pressure from Washington, said shipment decisions were sovereign in nature and not based on U.S. pressure. However, Sheinbaum appeared to acknowledge that Mexico had halted a planned shipment to Cuba. Asked at her regular morning press conference …

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US Gulf Coast Oil, LNG Exports Hit Zero on Sunday Due to Freeze, Vortexa Says

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

(Reuters) – Exports of crude oil and liquefied natural gas from U.S. Gulf Coast ports tumbled to zero on Sunday before rebounding on Monday, after a massive winter storm swept across the country, ship-tracking service Vortexa said. An Arctic blast has pummeled the United States in recent days, straining energy infrastructure and power grids. Up …

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US Northeast Spot Natgas and Power Prices Hit Record Highs as Arctic Blast Boosts Heating Demand, Freezes Gas Wells

Conventional Energy, Electricity Grid, Energy Topics & Technology, Latest, Natural Gas, US News / By

(Reuters) – U.S. spot natural gas and power prices soared to record highs in the northeastern part of the country as homes and businesses cranked up their heaters to escape an Arctic chill that cut gas output to a two-year low by freezing oil and gas wells and pipes earlier this week. Cash gas prices …

US Northeast Spot Natgas and Power Prices Hit Record Highs as Arctic Blast Boosts Heating Demand, Freezes Gas Wells Read More »

Power Plant Outages Leave Largest US Regional Grid With Thin Operating Margin

Electricity Grid, Energy Topics & Technology, Latest, US News / By

(Reuters) – The largest U.S. regional electric grid on Tuesday reported nearly 18 gigawatts of power plant outages, leaving a region of 67 million people with a thin buffer of power supplies against frigid weather and a forecast for record-breaking winter demand. The PJM Interconnection reported that most of the generation outages are due to …

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