(Reuters) – Chevron is advancing plans to tap into data center power demand, with the oil major recently entering the permitting and engineering phases for multiple U.S. sites to develop the centers and the electricity to supply them, a company executive told Reuters this week. Energy use for U.S. data centers, which are essentially giant …
Chevron Advances Plans to Develop US Data Centers With Power Generation Read More »
Glenfarne Energy Transition executives are waiting on a re-issue of a vacated FERC permit for Texas LNG.
AIQ and SLB’s collaboration will use SLB’s suite of applications to facilitate autonomous upstream and downstream operations.
By Marianna Parraga HOUSTON, March 14 (Reuters) – Brazil’s state-run oil firm Petrobras (PETR4.SA) is in talks with U.S. liquefied natural gas (LNG) suppliers for a long-term import deal, a Petrobras executive said. Brazil is Latin America’s largest oil producer, but consumes more gas than it produces and relies on imports to fill the gap. …
Brazil’s Petrobras in Talks With US LNG Suppliers for Long-Term Deal, Executive Says Read More »
March 14 (Reuters) – Barclays on Friday lowered its 2025 Brent oil price forecast by $9 per barrel to $74 per barrel, citing a softer demand outlook amid elevated economic uncertainty. Brent crude futures were trading around $70 a barrel on Friday, after settling 1.5% lower in the previous session. U.S. West Texas Intermediate crude …
Barclays Cuts 2025 Brent Oil Price Forecast on Soft Demand View Read More »
HOUSTON, March 12 (Reuters) – (This March 12 story has been corrected to fix Glenfarne Energy Transition CEO’s name to Brendan Duval from Brian Duval, in paragraph 1) Glenfarne Energy Transition expects to make a final investment decision on its Texas LNG project by December, CEO Brendan Duval said on Wednesday. Glenfarne Energy is developing …
CERAWEEK Texas LNG Aims to Make Final Investment Decision by December Read More »
By David Wethe and Alix Steel Harold Hamm, the billionaire wildcatter and a major donor to President Donald Trump, has challenged a claim from the new US energy secretary that domestic oil companies could increase production even at prices as low as $50 a barrel. Hamm’s words represent one the first signs of public push-back …
Wildcatter Harold Hamm Says Shale Needs $80 Oil for Costly Fields Read More »
By Randy Thanthong-Knight Mark Carney has been sworn in as Canada’s 24th prime minister, bringing the former central banker to power in the middle of an explosive trade war with the US. The former governor of the Bank of Canada and the Bank of England was officially installed as Canada’s leader at a ceremony in …
Carney Sworn In as Canada Leader With Trade Ruling Agenda Read More »
Oil trends will hinge on China’s economy, plans to refill the SPR and how tariff threats play out.
Recent developments have extended the regulatory law’s reach from oil and gas activities on the Outer Continental Shelf to energy sources outside minerals—such as wind.
