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US Drillers Add Oil, Gas Rigs For First Time in Three Weeks, Baker Hughes Says

(Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Tuesday. The oil and gas rig count, an early indicator of future output, rose by three to 545 in the week to December …

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AI Data Centers are Forcing Obsolete ‘Peaker’ Power Plants Back into Service

 * AI data center electricity demand revives peaker power plants * Peakers emit more pollution when they run than typical power plants * The power plants are often located in low-income, minority communities By Laila Kearney In Chicago’s working-class Pilsen neighborhood, a 60s-era oil-fired power plant rises up from an industrial lot behind Dvorak Park, …

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US Might Keep or Might Sell Oil Seized Near Venezuela, Trump Says

PALM BEACH, Florida, Dec 22 (Reuters) – U.S. President Donald Trump said on Monday the United States would maybe keep and maybe sell the oil it had seized off the coast of Venezuela in recent weeks, adding the United States would also keep the seized ships. “Maybe we will sell it, maybe we will keep …

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Oil Loadings in Venezuela Slowed and Ships Changed Course After New US Measures.

December 22 (Reuters) – Oil tanker loadings slowed on Monday in Venezuela, with most vessels carrying oil shipments only between local ports, sources and ship tracking data showed, following U.S. actions targeting two more ships and as Venezuelan state oil company PDVSA struggles to recover from a cyberattack. U.S. authorities said the U.S. Coast Guard …

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Alphabet to Buy Clean Energy Developer Intersect in $4.75 Billion Deal Amid AI Push

Dec 22 (Reuters) – Alphabet (GOOGL.O) said on Monday it would buy clean energy developer Intersect for $4.75 billion in cash, plus assumed debt, as tech giants spend billions to expand the computing and power capacity necessary for developing artificial intelligence. Big Tech has ramped up investments in energy firms as U.S. power grids struggle …

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US Still in Pursuit of Third Oil Tanker in Venezuela Blockade

By Patricia Garip and Jennifer A Dlouhy The Bella 1 tanker in March. Photographer: Hakon Rimmereid/MarineTraffic The US is still in pursuit of a third oil tanker near Venezuela, according to a US official, as President Donald Trump intensifies an oil blockade on Nicolás Maduro’s government. The Bella 1 tanker, a Panamanian-flagged vessel sanctioned by …

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US Freezes Five Big Offshore Wind Projects, Shares Dive

Suspension affects Orsted, Avangrid, Dominion Energy, Equinor projects Pentagon raises concerns over radar interference from turbine blades, towers Trump campaigned for White House on promise to end offshore wind industry Dec 22 (Reuters) – The Trump administration suspended leases on Monday for five large offshore wind projects that are under construction off the U.S. East …

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US Seizes Vessel Off Venezuelan Coast, Officials Say

The United States is interdicting and seizing a vessel off the coast of Venezuela in international waters, three U.S. officials told Reuters on Saturday, a move that comes just days after U.S. President Donald Trump announced a “blockade” of all sanctioned oil tankers entering and leaving Venezuela. This would mark the second time in recent …

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Dakota Access Pipeline Should Continue Operating, US Army Corps of Engineers Says

(Reuters) – The U.S. Army Corps of Engineers on Friday released a long-anticipated Environmental Impact Statement for the Dakota Access Pipeline (DAPL), recommending that operations of the oil pipeline continue with some conditions. The EIS, a document required by U.S. law to evaluate the environmental effects of major federal actions, is a win for DAPL …

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North Dakota Rig Count, Frac Crew Count Falls, State Regulator Says

HOUSTON, Dec 19 (Reuters) – The number of active rigs and hydraulic fracturing crews has fallen in North Dakota, according to the state’s Department of Mineral Resources on Friday. North Dakota currently has 27 active rigs, down from 28 in November, while seven hydraulic fracturing crews are operating in the state, down from 10 last …

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