Oil Prices Fall as Focus Shifts to Ukraine Peace Talks
Oil prices fell more than $1 on Thursday as investors shifted focus back to Russia-Ukraine peace talks and monitored potential fallout from a U.S. seizure of a sanctioned oil tanker off the coast of Venezuela.Brent crude futures were down $1.1, or 1.8%…
BP and Chevron top the list of bidders in Trump's first Gulf of Mexico Oil and Gas auction
BP, Chevron, and Shell were the top bidders at the first U.S. Government sale of oil and natural gas drilling rights for the Gulf of Mexico since 2023. The auction ended with a total of $279.4 millions in "high" bids. It was the first out of 30 required…
US permits negotiations over Lukoil’s foreign assets to take place until January 17, 2019.
The United States extended Wednesday a deadline for negotiations to buy the global assets of Russian Oil?company Lukoil. It was originally set at?January 17th. Lukoil's assets were put up for sale soon after President Donald Trump imposed sanctions…
US auctions first Gulf of Mexico Oil and Gas since 2023
On Wednesday, the Trump administration will conduct the first government sale of oil-and-gas drilling rights in Gulf of Mexico?since 2023. This is a test of the industry's appetite?for offshore acres at a moment when the United States?is trying to increase domestic fossil fuel production.
USDA maintains its US soybean export outlook after China resumes sales
In a report released on Tuesday, the U.S. Department of Agriculture kept its U.S. soyabean export forecast unchanged. Sales to China had resumed following a months-long boycott by Washington. USDA estimated soybean exports for the 2025/26 crop season, which ends on August 31, at 1.635 trillion bushels.
Canada's new oil tycoon is shaking up the sector with a bold expansion plan
Canadian banker-turned-oil-tycoon Adam Waterous, an industry outsider who lives in a Rocky Mountain tourist town, not energy hub Calgary, has a plan to cement his company's status as one of ?North America's fastest-growing oil companies. Waterous wants…
US Judge rejects Trump Administration's decision to stop wind energy permits
Federal judge ruled on Monday that U.S. president Donald Trump's administration failed to justify their decision to suspend the issuing of leases and permits to new "wind" projects in accordance with Republican President's wishes. U.S. District judge Patti Saris…
Oil Prices Fall as Iraqi Production is Restored, Ukraine Talks Continue
Oil prices slipped more than $1 on Monday after Iraq restored production at one of its oilfields which accounts for 0.5% of world oil supply, while investors weighed ongoing talks to end the war in Ukraine.Brent crude futures were down $1.07, or 1.68%, at $62.68 a barrel by 11:05 p.m. EDT, while U.S.
Report: China invested $80 billion in cleantech overseas last year
According to a recent report from the Australian research group Climate Energy Finance, Chinese companies have invested $80 billion overseas in clean technologies to help absorb an oversupply. According to the report published on Sunday, many countries…
Virginia data centers to replace coal where coal once reigned
Entrepreneurs are now looking at the rural area with the ambitious vision to rebuild its economic by converting the old mines into data centers and solar power systems that could help feed the growing power demand of the artificial-intelligence boom.
Florida lawmakers ask Trump to reject drilling on the western coast of Florida
Florida's entire U.S. Congress delegation urged President Donald Trump on Thursday to exclude their state from a plan of his administration to expand drilling for oil and gas to new coastal areas. They said it would threaten Florida's tourism and military industries.
US solar companies ask Congress to act on Trump's solar permit freezing
In a letter sent to Congress leaders on Thursday, dozens of U.S. Solar companies called for federal lawmakers to reverse a Trump Administration policy that had stalled permits. The letter highlights the growing concerns of project developers about President…
Prices remain stable as the supply is strong and peace talks in Ukraine fail.
The Dutch and British wholesale prices of gas were stable on Wednesday morning. They were close to a 19-month low as the peace talks between Russia, the U.S. and Ukraine on ending the conflict in Ukraine failed to find a solution and gas supplies remained strong.
Trump removes the word "renewable" from the title of U.S. Energy Lab
In a latest attempt to devalue renewable energy sources like solar and wind, the Trump administration renamed an energy laboratory to remove the term "renewable". The National Renewable Energy Laboratory in Golden, Colorado will be known now as the National Laboratory of the Rockies.
Russell: China's LNG crown is at risk due to high prices that limit demand.
Asia's imports liquefied gas remained flat in November. The region that is the largest buyer of this super-chilled fuel will likely record its first decline annually in three years. China is largely to blame for this soft result, as it may lose its position as the top LNG importer in the world to Japan.
Russell: China's LNG crown is at risk due to high prices that limit demand.
Asia's imports liquefied gas remained flat in November. The region that is the largest buyer of this super-chilled fuel will likely record its first decline annually in three years. China is largely to blame for this soft result, as it may lose its position as the top LNG importer in the world to Japan.
Sources say that RPT-Gunvor is weighing the US energy push, which could strengthen Washington ties.
Sources familiar with the situation said that Gunvor, a commodity trader, has been in active discussions to invest into U.S. oil and gas producing assets. This could help to repair relations with the Trump Administration after the fallout of Gunvor's…
Documents show that Alberta oil regulators stopped enforcing gas flare limits after government pressure.
Documents seen by have revealed that the regulator responsible for environmental enforcement in Canada’s largest oil-producing province, bowed to pressure from both the provincial government and major oil companies in order to remove a limitation on natural gas flare ups as Canadian oil production increased.
Gunvor considers US energy push, which could strengthen Washington ties
Sources familiar with the situation said that Gunvor, a commodity trader, has been in active discussions to invest into U.S. oil and gas producing assets. This could help to repair relations with the Trump Administration after the fallout of Gunvor's…
Russell: Silver outperforms Gold for the precious metal podium
Silver is often referred to as the bridesmaid of gold on precious metal markets. Its more popular rival seems to overshadow its less talked about counterpart. Silver is outperforming gold quietly in terms of returns for investors. It may also have a better long-term outlook…