Oil Steady as Economic Concerns Weigh Despite Firm Demand Expectations

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary • Macroeconomic concerns stemming from tariffs remain prevalent • Global demand firmer year on year and exceeded expectations, JP Morgan analysts say • Gasoline inventories fall more than expected, EIA data shows (Reuters) – Oil prices were largely steady on Thursday after surging in the previous session on a larger-than-expected draw in U.S. gasoline …

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LAYOFFS, BABY, LAYOFFS – Musk’s Layoffs Shrink Workforce Needed to Realize Trump’s Energy Agenda

Conventional Energy, Latest, LNG, Natural Gas, Oil, Pinned Primary, US News / By

Summary • Layoffs slow permitting for energy projects, affecting Trump’s agenda, officials say • Federal agencies crucial for energy permits face workforce cuts • Permitting delays impact oil and gas states like New Mexico and Alaska WASHINGTON, March 13 (Reuters) – The Trump administration’s mass layoffs of federal workers have slowed the government’s ability to …

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US Oil Executives to Meet With Trump Next Week

Conventional Energy, Latest, Oil, US News / By

(Reuters) – U.S. oil producers will meet with President Donald Trump next week, leading industry group the American Petroleum Institute said on Wednesday. Among the topics for discussion are tariffs, trade and exports of liquefied natural gas, an industry source told Reuters. The API, which counts oil majors ExxonMobil and Chevron as members, helped put …

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AI, LNG Demand to Keep US Natgas Use at Record Highs But Bottlenecks Threaten

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, LNG, US News / By

Record natgas demand since nearly 2010 seen extending to 2025, 2026 Power costs up 35% in past 4 years amid lack of gas pipeline capacity -EQT US LNG capacity will almost double over the next few years NextEra sees 55% jump in power demand in next 20 yrs, 17% of that from AI By Georgina …

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AI to Fuel Bumper Year for M&A in US Power Sector

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

(Reuters) – Dealmakers expect 2025 to be a bumper year for mergers and acquisitions in the U.S. power industry, with a voracious appetite for assets as the sector gears up to meet massive demand growth from data centers for artificial intelligence. Record power demand and dizzying projections for electricity consumption for AI have made power …

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Trump’s Tariffs on Steel, Aluminum to Raise Costs for US Energy Firms, Experts Say

Latest, US News / By

(Reuters) – U.S. tariffs on steel and aluminum imports are poised to escalate costs for the oilfield service companies behind North America’s vast energy industry, as their operations rely heavily on these metals. Steel is essential for everything from the drilling rigs and pipelines to refineries and storage tanks provided by companies such as ChampionX …

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