(Reuters) – U.S. crude oil imports from Mexico fell by 431,000 barrels per day (bpd) to a weekly record low of 131,000 bpd in the week ended November 28, according to data from the U.S. Energy Information Administration’s (EIA) Petroleum Supply Report going back to 2010. That was lower than the prior all-time low for …
US Crude Oil Imports From Mexico Fell to Record Low Last Week, EIA Says Read More »
(Reuters) – Enbridge on Wednesday forecast higher core profit for 2026, as the Canadian pipeline operator expects to benefit from strong demand and new projects entering service. The company projected an adjusted core profit of C$20.2 billion ($14.49 billion) to C$20.8 billion, compared with expectations of between C$19.4 billion and C$20 billion for this year. …
Pipeline Operator Enbridge Forecasts Higher 2026 Core Profit Read More »
It has been over a month since the head of Pemex made a plea for partners to help Mexico’s ailing state oil company on projects needed to boost dwindling production, but national and international companies have not yet bitten. “We’re open,” Victor Rodriguez told the assembled executives on October 23, at an energy event in …
Pemex Debt is Red Flag for Potential Partners as Mexico Seeks to Boost Oil Output Read More »
Across the United States, heavy industries—from oil and gas to petrochemicals, power generation, mining, and metals—are operating under increasing pressure. Production demands are rising, labor shortages are growing, and regulatory expectations remain high. In this environment, even a single equipment failure can trigger costly downtime, safety risks, and environmental consequences. Many operators are now asking …
By Ari Natter and Josh Saul Generac Holdings Inc. generators at a warehouse in Glenview, Illinois. Photographer: Tim Boyle/Bloomberg The US is looking to tap the nation’s network of large industrial diesel generators used at data centers, big box stores and elsewhere to help curb rising electricity costs and support the surge in power demand …
US Eyes Diesel Generators to Meet Growing AI Power Demand Read More »
By Timothy Gardner Dec 2 (Reuters) – The U.S. Department of Energy said on Tuesday it will provide up to $800 million to support development of small modular reactors by the Tennessee Valley Authority and private company Holtec. The Trump administration and nuclear companies believe SMRs will help supply electricity to the U.S. where power …
US to Provide up to $800 Million to Support Small Reactors Read More »
Report reveals congestion risks, infrastructure growth, and forecasts for North American energy markets AUSTIN, Texas (Dec. 2, 2025) Enverus, the leading energy SaaS and analytics platform, is releasing its 2025 Winter Power Market Outlook, providing actionable insights for stakeholders across North America’s major power markets. The report forecasts significant infrastructure growth in solar and battery energy …
Enverus Unveils 2025 Winter Power Outlook, Spotlights Renewables and Market Shifts Read More »
By Elena Mazneva and Jonathan Gilbert Argentina has secured its first agreement for long-term sales of liquefied natural gas, a key step in its bid to become a global supplier of the fuel as drilling ramps up in its Vaca Muerta shale patch. A consortium of natural gas producers led by Pan American Energy Group, …
Argentina Notches First LNG Sales Deal as Shale Patch Booms Read More »
By Alex Lawler, Ahmad Ghaddar and Olesya Astakhova Consultants to be appointed to carry out capacity assessments Saudi minister says OPEC+ meeting was one of most successful in his career OPEC+ meeting on Sunday agreed a new maximum production capacity mechanism LONDON/MOSCOW, Dec 2 (Reuters) – OPEC+ members will undergo an annual assessment of their …
OPEC+ Members to Undergo Annual Oil Capacity Audit Under New Plan, Sources Say Read More »
By Ahmed Rasheed and Aref Mohammed Lukoil seeks to sell assets due to U.S. sanctions West Qurna 2 is Lukoil’s largest foreign asset Exxon preferred by Iraq for West Qurna 2 takeover BAGHDAD, Dec 2 (Reuters) – Exxon Mobil (XOM.N) has approached the Iraqi oil ministry to express its interest in buying Russian firm Lukoil’s …
